Texas Methodist Foundation (TMF) announced July 22 it is awarding $1.2 million to 40 churches and nonprofit ministries across Texas and New Mexico who ground their practices in long-term relationships and on the assets and gifts already at work in the neighborhoods and communities they serve. Selected as part of TMF’s Spring 2026 grant cycle, […]
Distributor Opens Facility to Serve the Permian
Distributor Wire and Cable (DWC), a specialty wire and cable master distributor, announced July 6 the opening of its newest facility at 4501 N FM 1788, Midland, Texas, bringing local will-call and cut-to-length service to electrical distributors serving the Permian Basin. Until now, DWC’s Permian Basin distributors were served out of Dallas or Houston, adding […]
Power West Texas Pushes for Permian Reliability Plan
Midland-based Power West Texas, a campaign representing the region most directly affected by delays in building electric transmission capacity, has voiced strong support for the timely completion of the Permian Basin Reliability Plan. The plan was put in motion by the Texas Legislature in 2023 through House Bill 5066, studied by ERCOT in 2024, and […]
TTU Petro Engineering, RRC Team Up to Train Inspectors
As part of its ongoing effort to further strengthen staff expertise, the Austin-headquartered Texas Railroad Commission (RRC) has partnered with Texas Tech University’s Bob L. Herd Department of Petroleum Engineering to launch the RRC Field Inspector Training program, a new initiative designed to enhance the professional development of the Commission’s oil and gas inspectors. After nearly […]
O&G Partnership Benefits West Texas Schoolteachers
With new teacher certification requirements under House Bill 2 taking effect in August 2026, the Midland-based Permian Strategic Partnership (PSP) announced June 20 it is investing $5.1 million to help West Texas schools retain educators, expand certification opportunities, and build a stronger local teacher pipeline. The investment will support Falcon Fast Track and Registered Teacher Apprenticeship […]
12 Hours of Money: A Permian Basin Finance Story
Part 1: One Friday morning in August Part 2: Epilogue, The Many Versions of Risk After a long 12 hours on this particular Friday, everyone was exhausted. Carla was managing payroll. Ted was trying to save a company. Linda was deciding what to do with family land. Mark was studying an acquisition. Gary and Manolo […]
Targa to build three new natural gas processing plants in Delaware Basin
Houston-based Targa Resources last week announced three new natural gas processing plants in the Delaware Basin. Wrangler, Ranger and Ranger II plants will add total capacity of about 825 million cubic feet per day and begin operating in first half of 2028. Targa also said Aug. 17 it will construct a new 70-mile natural gas […]
TIPRO reports decline in upstream jobs, increase in production taxes
Texas Independent Producers and Royalty Owners Association said last week employment in the state’s upstream sector declined by 1,200 jobs in July for the second straight month. There was a decline of 300 jobs in oil and gas extraction to 62,800 and a decline of 900 service jobs to 133,000. TIPRO said employment ended July […]
Select Water Solutions contracts for water management in Delaware Basin
Gainesville-based Select Water Solutions said last week it contracted with a leading public operator for expanded comprehensive water management in Select’s northern Delaware Basin network. The agreement includes recycling, disposal, and pipeline gathering and distribution. Select will construct an additional 100 miles of pipelines, 3 million barrels of storage capacity, and 60,000 b/d of additional […]
Longer lateral wells in Permian Basin produce more oil with stable rig count
U.S. Energy Information Administration said last week operators in Permian Basin “are getting more oil and gas out of the ground by drilling longer horizontal wells.” And EIA said operators are increasingly drilling so-called “super lateral wells” that exceed 15,000 feet. In the Permian, one of the world’s most prolific unconventional oil- and gas-producing regions, […]