On Monday, April 28 at 11:00 AM, Eastland Petroleum held a groundbreaking for a new oil and gas development project in Ranger, Texas.This project is part of a broader economic renaissance in Ranger, where McDonald’s, IHOP, and Sbarro Pizza are all planning to open new locations.
The development is strategically positioned along Interstate 20, which sees approximately 17,000 vehicles passing through daily, providing excellent visibility and accessibility.
Key points of interest: The project aims to attract investors to boost oil production in the area. Local economic impact includes new jobs and increased tax revenue for Eastland County. The groundbreaking coincides with major restaurant chains establishing locations in Ranger. The site’s location along I-20 with its 17,000 daily vehicles underscores the region’s strategic importance. Timing aligns with Texas’ record-breaking 2024 oil production (over 2 billion barrels) and historias a petroleum boomtown in the 1920s.
