Biden administration recently approved plans to build the nation’s largest oil export terminal anchored about 30 miles south of Freeport off Texas’ gulf coast. When completed in 2025 it will add two million b/d to the U.S. oil export capacity. Approval by maritime administration in U.S. Department of Transportation was filed in the federal register […]
APA plans return to single-digit production growth in 2023
Houston-based APA Corp. said recently it plans to return to single-digit growth in production in 2023 – driven by Permian Basin oil increases – after three years of production declines. APA said Nov. 2 in its announcement of 2022Q3 operating results that adjusted production was 310,000 boed with upstream capital investment of $492 million – […]
Resolutions… and Rejoinders
It’s never too early to put in a word for something or to speak up for a worthy endeavor. Especially in a world where there are plenty of folks who are doing their best to pre-empt our directions and make our decisions for us. (Are you listening, Washington?) Let it be resolved that the Permian […]
ESG Reporting: Easing the Anxiety
By Lindsey Scott From Amazon to Walmart, companies across the globe are striving to implement ESG initiatives that can stand up to increased scrutiny. The energy industry, like all industries, is facing the possibility of new standards for carbon emission disclosures that will need to be disclosed to shareholders, stakeholders, and regulators. Simply put: today’s investors are relying on more robust […]
Crisis Management
by Dr. M. Ray Perryman For the second consecutive year, the Nobel Memorial Prize in Economics has been awarded to three Americans. For 2022, the recipients are Ben S. Bernanke (former Federal Reserve Chairman now with The Brookings Institution), Douglas W. Diamond (University of Chicago), and Philip H. Dybvig (Washington University in St. Louis) “for […]
E&P Reaches Milestone
Apache Corporation, a subsidiary of APA Corporation, announced Oct. 24 the donation of more than 245,000 trees to 40 nonprofit partner organizations through the annual Apache Corporation Tree Grant Program. Since 2005, more than five million trees have been granted to more than 900 U.S. nonprofit charitable partners and government agencies. Plantings from this year’s grants […]
Turning Around That Turnaround
by Tracy Gray Thanks to the pandemic, delays in turnarounds, and restrictions on the numbers of contractors on rigs, pipelines and production sites forced companies to delay work that had been planned for years. As we continue to emerge from the restrictions, industry experts predict a bottleneck of turnaround projects into 2023 as companies work to […]
Electric Fracs Get “Pumped” Up
Houston-based GD Energy Products (GDEP), a solutions provider for the drilling, well servicing, and frac pumps market, has partnered with U.S. Well Services to supply 3,000-horsepower pumps for their Nyx Clean Fleet. Each custom-designed pump is powered by an electric drive motor to create an environmentally sustainable frac unit. Tony McLain, vice president of sales, […]
Undrilled Locations Number 125,000+
Enverus Intelligence Research (EIR), a subsidiary of Enverus, an energy-dedicated SaaS platform, released on Oct. 25 a basin-by-basin look at North American drilling inventory and an analysis of how many well locations remain at various prices. “We believe the fear around near-term shale drilling inventory exhaustion is largely overblown,” said Dane Gregoris, report author and […]
Texas oil, gas industry September employment up in past month, year
Texas Independent Producers and Royalty Owners Association said Texas direct upstream employment for September was 202,900 – an increase of 900 from August 2022 and 34,000 from September 2021. TIPRO said in September there were 11,382 active unique industry job postings in Texas, including 4,181 in Houston, 1,028 in Midland and 541 in Odessa. Top […]
- « Previous Page
- 1
- …
- 131
- 132
- 133
- 134
- 135
- …
- 354
- Next Page »