In a report released last month, U.S. Energy Information Administration said Midland Basin accounted for 15 percent of total crude oil production (1.68 million b/d) and 6 percent of total dry natural gas (5.4 billion cfd) in U.S. in 2020. In the past decade, exploration and production in Midland Basin, within Texas’ borders in eastern […]
WhiteWater acquires Gateway pipeline in northern Delaware Basin
Austin-based WhiteWater Midstream said Aug. 26 it is acquiring Gateway pipeline of Sendero Midstream Partners in northern Delaware Basin. In service since late 2020, the 24-inch pipeline extends 24 miles north from Reeves County to the Carlsbad area. It’s connected to WhiteWater’s Agua Blanca natural gas pipeline system, joint venture of WhiteWater and MPLX serving […]
ExxonMobil to begin certification of RSG in Delaware Basin
Irving-based major ExxonMobil said Tuesday it has reached agreement with independent, non-profit MiQ to begin certification process for natural gas produced at its facilities at Poker Lake in northern Delaware Basin in New Mexico. Certified natural gas, sometimes referred to as responsibly sourced gas (RSG), validates emissions reduction efforts and helps customers meet emissions goals. […]
How to Vet a Resume
Oh, what a tangled web we weave / When first we practice to deceive. Thanks, Shakespeare, for making Sir Walter Scott’s idiom so famous. When an applicant lies or acts dishonestly, they initiate problems and a domino structure of complications that run out of control, and they get caught. Karma. Here are tips for looking […]
The PBPA Annual Meeting is Sept. 29-30
While this space is generally reserved for a monthly President’s Message from Ben Shepperd, President of the Permian Basin Petroleum Association, we are devoting this month’s installment to a Q&A with Ben (below) on PBPA’s Annual Meeting, which this year lands on Sept. 29 and 30. On the 29th, which is a Wednesday, the membership […]
Industry E&P sector adds 1,500 jobs in July in Texas as recovery continues
Data from Texas Workforce Commission and Texas Oil and Gas Association released last week and reported by Houston Chronicle show that production and exploration companies in the state added 1,500 jobs in July “as the industry continues to recover from the pandemic-driven oil bust.” The state’s upstream sector has recovered 17,000 jobs (of 60,000 jobs […]
At least 500 active drilling rigs in U.S. for third straight week
Baker Hughes’ count of active oil and gas drilling rigs in U.S. remained at or above 500 for the third straight week. As of Aug. 27, there were 508 rigs in U.S. (5 more than previous week and double 254 of a year ago). And there were 249 rigs in Permian Basin (247 previous week, […]
Midland-Petro, Andros Capital to develop JV in Midland County
Midland-Petro D.C. Partners and Houston-based private investment firm Andros Capital Partners agreed to a joint venture for a drilling program targeting Spraberry and Wolfcamp in Midland County. Andros Capital said Aug. 25 it will fund $150 million to participate. Phillip A. Gayle, Jr., Andros managing partner, said, “This transaction underscores Andros’ commitment to investing in […]
Marathon Oil to increase activity in Permian Basin in 2021Q3
Houston-based Marathon Oil will accelerate activity in Permian Basin and SCOOP/STACK in 2021Q3, according to Enverus. This quarter will be Marathon’s busiest with $340 million in capital expenses of fullyear $1 billion, including completion of multi-well pad at Marathon play on Texas side of the Delaware Basin. Enverus said average 2021 production will increase by […]
Pin Oak Corpus Christi completes Taft pipeline for Permian Basin crude
Pin Oak Corpus Christi said last week it completed the 20-inch Taft pipeline that connects Pin Oak Taft terminal with Flint Hills Resources Midway station and Cactus II Taft terminal. The bidirectional pipeline, fully supported by commercial contracts, provides inbound receipt of a suite of Permian Basin and Eagle Ford grades and redelivery options to […]
