MIDLAND, TEXAS—The pop-pop-popping had long since died down and the food and festivities had started up when the news of who-won-what began to circulate. The shooting portion was over but the cooking competition was still in play at the Permian Basin Petroleum Association’s annual Clay Shoot and Pit King Challenge, held again at Jake’s Clays. […]
Permian People: Movers and Shakers
The Permian Basin’s hirings, promotions, and other personnel matters in the nation’s biggest oil patch—or in companies who do business here. Crescent Energy Company announced May 19 the appointment of J.D. “Joey” Hall as Chief Operating Officer, effective June 2, 2025. Hall most recently served as Executive Vice President of Operations at Pioneer Natural […]
Producers Midstream targets 2026 for Palo Duro pipeline from Nolan County
Dallas-based Producers Midstream II announced plans Monday for its Palo Duro pipeline from Nolan County north to Wheeler County to connect with multiple interstate pipelines. It will utilize existing infrastructure to provide a new pathway from the Waha residue markets in Permian to Mid Continent residue markets in Anadarko Basin. Palo Duro will be a […]
Rig counts in U.S., Permian decline again; Texas, New Mexico remain unchanged
Rig counts in U.S. and Permian Basin declined for the ninth straight week, according to the weekly report of June 27 from Baker Hughes. There were 547 rigs in U.S. (down 7 from 554 previous week, down 34 or 6 percent from 581 year ago) and 270 rigs in Permian Basin (down 1 from 271 […]
New deadline enacted for Texas oil and gas companies to plug inactive wells
Texas oil and gas companies face new deadlines to plug inactive wells after Gov. Greg Abbott signed Senate bill 1150 into law June 20. Texas Tribune said it’s “the first legislation in years toward addressing the growing environmental problem for which the state’s taxpayers have become increasingly responsible.” SB 1150, written by Sen. Mayes Middleton, […]
Mewbourne Oil climbs to second in list of top 100 private oil and gas producers
Tyler-based Mewbourne Oil Co. moved to second in Enverus’ latest list of the most prolific 100 private oil and gas producers in the U.S. based on gross operated production, well count and rig movements in 2024. Mewbourne, founded in 1965, coordinates its operations in Permian Basin from offices in Midland and Hobbs, N.M. Continental Resources, […]
U.S. oil output hits record 13.47 million b/d in April, Texas up to 5.77 million b/d
U.S. crude oil production reached a record of 13.47 million barrels per day in April, according to Monday’s Petroleum Supply Monthly from U.S. Energy Information Administration. That topped the record of 13.45 million b/d from March. EIA said in Texas, the nation’s top producing state, oil production increased by 1.8 percent to 5.77 million b/d […]
Geothermal from Great Basin: Great Potential
Geothermal energy in the Great Basin of Nevada and adjoining states could produce electricity equal to one-tenth of the current U.S. power supply, according to assessments by the U.S. Geological Survey, as documented in a paper released May 22. The projected 10 percent would be a major increase, as geothermal energy currently generates less than 1 […]
Permian Basin Gets Nitrogen Rejection Unit
BCCK has signed an agreement with ZAP Engineering and Construction Services Inc. to deliver a 45 MMSCFD NiTech Dual Tower Nitrogen Rejection Unit (NRU) and oil removal system. The new cryo facility will commence operations in Q1 of 2027. This contract marks a significant collaboration between BCCK and ZAP Engineering, the project’s engineering, procurement and […]
Most O&G Companies Suffer Data Breaches
A recent Cybernews analysis found that more than 94 percent of the world’s top 400 oil and gas companies have suffered at least one data breach to date. Cybernews also discovered that, over a recent 30-day period, more than 50 percent of the analyzed oil and gas firms were breached. Moreover, according to the Cybernews Business Digital Index, […]
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