Texas produced 2.003 billion barrels of crude oil in 2024 – a record volume, according to Railroad Commission of Texas, and the first time for the state to top 2 billion barrels in one year. The commission said March 26 that Texas produced 2,003,844,281 barrels of oil to better the recent records of 1.99 billion […]
Company Sets Itself to “Reshore” Oilfield Chemicals
Potential tariffs and supply chain instability are forcing oil and gas companies to rethink offshore sourcing and search for reliable, domestic chemical supply. Until recently, few such options have presented themselves. A newly launched (and employee-owned) Houston-based chemicals company now asserts that it is transforming the O&G supply chain with its distribution model. Centrium Energy […]
DUC Hunt: What the 2025 Drawdown Means
Enverus Intelligence Research (EIR), a subsidiary of Enverus, an energy-dedicated SaaS company that leverages generative AI, released on Feb. 12 a report that analyzes recent inventories of drilling uncompleted wells (DUCs) and the implications for 2025 budgets. DUCs provide operators with strategic flexibility, financial benefits, and operational efficiency, making them a crucial aspect of the […]
Legislative Update: New Mexico Legislature Adjourns; Texas Set to Pick Up the Pace
by Julie Anderson The closing hours of the 57th Session of the New Mexico Legislature found oil and gas advocates engaging in an intense effort to protect the industry from proposals that would have increased regulations and costs for operators, many with little to no benefit to the people or environment of New Mexico, let […]
Trade Group Urges Congress to Expedite Gas Pipeline Buildout
The Industrial Energy Consumers of America (IECA) on Feb. 6 sent a letter to Congress urging lawmakers to quickly advance energy permitting legislation to expedite natural gas pipeline capacity. IECA stated that when there is inadequate pipeline capacity, manufacturing companies are always the first to be curtailed at significant costs. Paul N. Cicio, President of […]
Whitley Penn Receives “Best of Accounting” Award
Whitley Penn announced Feb. 11 that they have won the Best of Accounting Award, from ClearlyRated, for providing consistent service for their clients. ClearlyRated’s award winners have proven to be industry leaders in service quality based on ratings provided by their clients. On average, clients of 2025 Best of Accounting winners are 1.6 times as likely to be satisfied than […]
Gas Processing Looks to the Future
With the gas processing industry poised for significant changes in the coming years, adopting new technologies is essential to ensure industry leadership and sustainable business models. The gas processing industry refines natural gas to make it usable for industrial, commercial, and energy-applications. That role has changed over time, as technologies have evolved. For consumers and […]
Tenaris Service Center in Midland Gets $16M Expansion
Pipe manufacturer Tenaris announced Feb. 28 the expansion of its service center located in Midland, Texas, citing its desires to meet the growing demand of customers in the Permian Basin and other key shale plays across the United States. The $16 million investment will expand storage capacity by 25,000 tons by the end of 2025, […]
Energy Services Sector Jobs Take Small Dip
The Energy Workforce and Technology Council released on Feb. 10 its monthly jobs report, analyzing employment trends within the U.S. energy services sector for January 2025. Based on preliminary data from the Bureau of Labor Statistics (BLS) and analysis conducted by EWTC, total jobs in the sector were reported at 630,087, reflecting a downward adjustment of 7,303 […]
The Nine Core Traits of High-Performing Companies
In today’s business landscape, competition is relentless. Disruptions emerge overnight. Customer expectations evolve rapidly. Talent is harder to retain than ever. Yet, some companies consistently outperform their peers, growing faster, attracting top talent, and building unshakable customer loyalty. What sets these companies apart? An in-depth study was conducted of companies to identify the characteristics of […]
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