TDN Weekend

December 2018

TDN Weekend December 2016 Issue 9

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took a job as an oil field and land man to make some money while he figured out what was next. "I really liked it, got to know some of the guys and found them interesting and more of my ilk than some of the guys who were really good in law school," he said. "I came down here and Peter and my dad gave me an office to hang out in. Over time, we ended up being partners. My dad wanted to do what he wanted to do and Peter and I had a little bit different vision of what makes us motivated. My dad was just fascinated by geology, and for him it was a pleasure to know the countryside. We liked to think about what's going to move the needle and make a difference." The needle was definitely moved in the late 2000s, when Texas Crude essentially changed its industry forever. The company got in on the ground floor of the Eagle Ford Shale discover y in South Texas, one of the landmark developments in the history of oil and gas exploration. In 2000, shale gas, found trapped in formations of the common sedimentary rock, made up only 1% of U.S. natural gas production. By 2010, after Eagle Ford exploration got underway, it was 20%. Government forecasts say that number will rise to 46% by 2035. But it took some outside- the-box thinking from the lean operation of Texas Crude

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