In Spite of a Dropping Rig Count, Webb County’s Oil and Gas Revenue in 2018 surpassed $3 billion

March 25, 2019
Laredo Morning Times Business Journal

The vast oil and gas industry in Webb County and surrounding areas has been on the rise after an industry bust in 2014. Among the various geologic layers, found at depths between 4,000 and 14,000 feet under South Texas’ surface, lies the Eagle Ford Shale formation.