by Katerina Jones There are countless articles published on the importance and value of mentorship, and we saw this idea cited often during Women’s History Month in March. Many writers stress the fact that mentorship is especially critical for professional women in the workforce. For professional women in a male-dominated industry such as […]
With Record Selloffs of U.S. Oil Reserves Can OFS and Tech Stocks Keep Up?
In response to the global energy crisis, the Biden administration is selling a record amount of emergency oil from the USA’s national reserves to bring soaring fuel prices under control. Despite these efforts there’s a growing skepticism over whether unconstrained U.S. gas production can last. However, because of ~$100 oil and large gaps in renewables, fossil fuels remain crucial to the western way of life. […]
Seventy-Five Years in Business
From its founding in 1947 in Larose, La., Danos has continuously evolved and expanded to serve its customers. This year, the family-owned and managed company celebrates 75 years as a leading service provider to the energy industry. With nearly 2,500 employees, Danos services approximately 150 customers across 17 states. CEO Paul Danos credits the company’s […]
Methane Monitoring Gains Ground
New partnerships formed between oil and gas companies and methane monitoring service companies show that the methane monitoring trend is gaining traction. In separate announcements, two new partnerships revealed their pro-active stances. Kuva Systems, a leader in continuous methane monitoring for the oil and gas industry, announced April 12 that it has deployed additional infrared […]
No Time to Play Politics With Permian Oil and Gas
Lately we have become all too familiar with the Biden Administration launching attacks—not in defense of Ukrainians who are valiantly defending their homeland—but on American oil and gas workers and operators who are working through the challenges that his own administration has wrought. In the middle of last year, our members warned about the perilous […]
Canes Midstream acquires Midland Basin assets of Cogent Midstream
Dallas-based Canes Midstream said Wednesday it closed a transaction to acquire Cogent Midstream, also based in Dallas. Cogent assets in a 10-county area of Midland Basin include 520 million cfd of processing capacity, about 800 miles of pipelines, 42 compressor stations, crude oil gathering system, and acreage dedications from Midland Basin producers. Infrastructure is primarily […]
Permian adds 8 rigs last week to reach 343, Pioneer is U.S. leader with 26
After a pause in activity that added only 1 rig in the last 4 weeks, Permian Basin added 8 rigs last week for a new total of 343 active oil and gas drilling rigs as of May 20, according to Baker Hughes. Also there were 357 rigs in Texas (up 12 in past week, up […]
Permian oil production forecast to grow to 5.219 million b/d in June
U.S. Energy Information Administration expects continued growth in crude oil production in Permian Basin and seven major producing regions. In the latest drilling productivity report May 16, EIA said oil production in Permian is expected to grow by 88,000 b/d since last month to 5.219 million b/d in June. Production in the seven U.S. regions […]
Matterhorn Express to transport natural gas 490 miles from Waha to Katy
WhiteWater, EnLink Midstream, Devon Energy and MPLX said May 19 they reached final investment decision to construct Matterhorn Express pipeline connecting Waha in west Texas to Katy on the Gulf Coast. The 490-mile pipeline (42 inches) is designed to transport up to 2.5 bcfd of natural gas beginning in 2024Q3. Supply will be sourced from […]
Midland’s Colgate Energy, Centennial form largest Delaware pure play
Midland’s Colgate Energy Partners and Denver-based Centennial Resource Development said last week they agreed to merge to create the largest pure-play Delaware Basin company valued at $7 billion. The combine will operate under a new name to be announced prior to closing with headquarters in Midland. The new company will hold 180,000 net leasehold acres, […]
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