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UPDATE: Could American Airlines move its headquarters?

A key linchpin in the Fort Worth economy, American Airlines Group Inc., is considering sites for a new headquarters, possibly outside the city, the airline’s CEO said this morning.

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Crestwood area hoping to block planned office building

Residents of West Fort Worth’s Crestwood Association are trying to block the rezoning of a small apartment complex at White Settlement Road and North Bailey Avenue to make way for a planned office building, saying it would represent the start of commercial encroachment into their neighborhood.

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Tiger Woods takes a swing at Fort Worth's Dan Jenkins - in print anyway

Rarely does Golf Digest make the news. Leave it to Dan Jenkins to change that.

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Great Women of Texas honored

The Fort Worth Business Press held the Great Women of Texas event Wednesday night at the Omni Fort Worth Hotel. Stacie McDavid of McDavid Investments was honored as the

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Grocers, retailers flocking to Southlake

With its economic development engine revving at full throttle, Southlake is about to welcome several major retail and commercial projects that underscore its image

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Approach Resources reports increased preliminary production
By A. Lee Graham
Approach Resources Inc. of Fort Worth reports 15 percent higher preliminary production in first-quarter 2013 compared to the same period last year.
Preliminary production for first-quarter 2013 reached 754 million barrels of oil equivalent compared to 654 million in first-quarter 2012.
Meanwhile, estimated oil production for first-quarter 2013 surged 63 percent to 310 million barrels compared to 191 million barrels in first-quarter 2012. Estimated first-quarter 2013 production breaks down to 41 percent oil, 28 percent natural gas liquids (NGLs) and 31 percent natural gas. That’s compared to 29 percent oil, 33 percent NGLs and 38 percent natural gas in first-quarter 2012.
Impacting first-quarter 2013 production was a third-party NGL fractionation facility repair and maintenance, which the company said lowered its average volumes by about 6.1 billion barrels of oil equivalent per day beginning the second week of March. As of April 6, 2013, almost all production was back online, the company reported.
More quarterly performance information, including comparisons to fourth-quarter 2012, is expected when the company releases full first-quarter 2013 results on Thursday May 2.
Approach Resources Inc., an independent oil and gas company with core operations, production and reserves in West Texas’ Permian Basin, operates about 148,000 net acres in that region. More information is available at www.approachresources.com.
 
lgraham@bizpress.net
 

 

 

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Midterms
What was the message of the midterm elections?