By Chandler Terrell On June 8th, I experienced intermittent connectivity to several websites like Amazon, Twitter, and Hulu. Frustrated, I tried multiple attempts at refreshing my browser, but nothing improved. This outage was due to a failure at Fastly, which supports many of the web’s most popular sites (for more detail, see the report posted […]
Texas Alliance to conduct conference Sept. 14-15 in Fort Worth
Texas Alliance of Energy Producers will conduct its annual conference Sept. 14-15 at Hotel Drover in the historic Fort Worth stockyards. The conference will begin at 5 p.m., Tuesday, Sept. 14, with the alliance’s “Oil Patch” reception and opening of exhibits and conclude at 12:30 p.m. Sept. 15 with its industry luncheon. Speakers will include […]
Growing rig counts: 242 in Permian Basin, 228 in Texas, 491 in U.S.
Permian Basin, Texas and U.S. continue to add oil and gas drilling rigs. In its weekly report of active rigs July 23, Baker Hughes said there were 242 rigs in Permian Basin (238 last week, 126 last year), 228 rigs in Texas (222 last week, 103 last year) and 491 rigs in U.S. (484 last […]
Texas adds 4,400 jobs in June in oilfield services and equipment sector
U.S. Bureau of Labor Statistics said June was the fourth straight month of employment growth for the oilfield services and equipment sector. An estimated 8,000 jobs were added in June – more than half (4,440) in Texas. Year to date, according to the bureau, the oilfield services sector has brought back 18,600 jobs – still […]
Select Energy acquires Complete Energy, including Permian assets
Houston-based Select Energy Services, provider of life-cycle water and chemical solutions, said July 12 it acquired Complete Energy Services, operating subsidiary of Superior Energy Services. Select acquired substantially all water-related assets and operations of Complete Energy, provider of completion and production-related water solutions across the U.S., including Permian Basin. John Schmitz, Select chairman, president and […]
Pinnacle starts construction of natural gas plant in Midland County
Houston-based Pinnacle Midstream II said July 21 it started Phase II of its Dos Picos system, including construction of a natural gas processing facility in Midland County with capacity of 200 million cubic feet per day. Commercial operation is expected to begin in 2022Q2. The Dos Picos plant will complement Pinnacle’s existing high-pressure, large-diameter gathering […]
NGL Energy Partners completes wastewater recycling project in Lea County
Tulsa-based NGL Energy Partners said July 21 it completed the first of two large-scale wastewater recycling projects in Lea County, N.M. The project, which began in May, serviced a customer’s simultaneous fracturing completion activities. NGL Energy treated and provided a customer about 130,000 barrels per day with peak volumes of 140,000 b/d. NGL Energy said […]
Lime Rock acquires oil, gas properties in Loving County
Houston-based Lime Rock Resources said Monday it agreed to buy oil and gas properties primarily in Loving County in Delaware Basin for $508.3 million from a private seller. The transaction is expected to close Sept. 30. The property was producing 15,163 boed as of April 1. Eric Mullins, chairman and CEO, said the deal “fits […]
Finding a Balance
Beginning this January, the 87th Texas Legislature began with tremendous uncertainty for those who were sent to serve and those whom they serve. The ongoing effects of the global Covid-19 pandemic, and the vast impact on all economic sectors, including the Permian Basin oil and gas industry, loomed large as the session began. One thing […]
Port of Corpus Christi moving record amounts of cargo thanks to LNG
Port of Corpus Christi is having another record-breaking year. Port officials told Corpus Christi Caller Times Monday that the Port ended June with a record quarter and a record first half of the year – moving 80.5 tons of cargo in the first six months (4.7 percent increase over same period last year). They credited […]
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