The Oil & Gas Building was constructed on the corner of 7th and Taylor Streets in 1954 and was designed by Preston M. Geren & Associates. This 16 story building sits at an intersection where the street grid shifts. Although a separate structure, the ground floor lobby of the Oil & Gas Building connects with the neighboring Star-Telegram Building, constructed in 1930. They also share a common main entrance on 7th Street. The design of this building is also similar to the Oncor Building, two blocks to the east and also designed by Geren's firm.