Railroad Commission of Texas has extended the comment period for proposed new rules for the agency’s regulation of waste management facilities. It’s the first overhaul of the commission’s waste management rules in four decades. The deadline was extended to Oct. 15 from the original deadline of Sept. 30. The commission said groundwater protection is a […]
Texas Pacific Land acquires additional oil, gas interests in Permian Basin
Dallas-based Texas Pacific Land Corp. said last week it acquired additional oil and natural gas mineral and royalty interests in Permian Basin for $286 million. The interests span across about 7,490 net royalty acres primarily in Martin (2,220 acres) and Midland (2,080 acres) counties. TPLC said more than 80 percent of the acquired assets are […]
PBPA Annual Meeting in Pictures
MIDLAND, TEXAS—A day of speakers, panels, and networking filled this full-day session of the Permian Basin Petroleum Association’s Annual meeting, held Sept. 12 in this oil capital of West Texas. On the night previous, locals and early arrivals to the event gathered at the Petroleum Museum for a lavish welcome reception. We share here a […]
Sizing up 2025: PBPA’s Annual Meeting Takes Aim on the Future
MIDLAND, TEXAS—A slate of speakers and panels that ran continually from 7:30 a.m. to 2 p.m. on Sept. 12 concluded what organizers and participants deemed a successful and productive Annual Meeting for the Permian Basin Petroleum Association, held in the Petroleum Club here in this oil capital of West Texas. On the night previous, […]
EPA accepting comments on Stratos project near Odessa to capture, store CO2
U.S. Environmental Protection Agency is accepting public comments on Stratos, a proposed project in Ector County southwest of Odessa near Penwell to capture and store an estimated 722,000 metric tons of carbon dioxide in three injection wells 4,400 feet underground. The project of Houston-based Occidental Petroleum Corp., under review for two years, would be the […]
HNR implementing improved automation techniques
Houston-based HNR Acquisition Corp. said recently it is implementing “improved automation techniques that will lead to operational efficiencies and enhanced oil production.” HNR said Sept. 12 it contracted with a software provider to test a state-of-the-art application that will allow lease operators in the field to use a single app rather than multiple apps “which […]
LongPath Technologies expands methane sensing network in Permian Basin
Denver-based LongPath Technologies, provider of advanced methane detection and data services, said last week it is expanding its methane sensing network across the consolidated assets of Vital Energy in Permian Basin. The expansion “underscores LongPath’s role in delivering practical solutions that help operators manage methane emissions and enhance operational efficiency.” LongPath’s expanded network will cover […]
PUC approves plan to ensure electric grid meets current, future needs of Permian
Public Utility Commission of Texas last week approved Permian Basin Reliability Plan “to ensure the long-term energy reliability and economic prosperity of Texas.” The plan addresses concerns over insufficient transmission access in the basin. Texas Oil and Gas Association, in its announcement of the approval Sept. 26, said, “Infrastructure has not kept pace with the […]
Permian People – October 2024
Hirings, promotions, and other personnel matters in the nation’s biggest oil patch, the Permian Basin—or in companies who do business here. U.S. Energy Development Corporation (U.S. Energy), an E&P with projects throughout North America, on Aug. 7 promoted of Mark Lillis to Director of Investor Relations, a move intended by management to “reinforce their core […]
Texas again only major producing state to add drilling rigs in past week
For the second straight week, Texas was the only major producing state to add oil and gas drilling rigs. Houston-based Baker Hughes said as of Sept. 27 there were 277 active rigs in Texas (up 1 from 276 previous week, down 27 from 304 year ago). Also, there were 306 rigs in Permian Basin (down […]
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