Railroad Commission of Texas said last week it plugged 1,012 orphan wells using state funds in fiscal year 2024 to surpass its goal of 1,000.  The commission said it exceeded its goal for the eighth straight year.  The state funds are collected from oil and gas industry revenue, including well plugging reimbursements, fees and bonds, […]

Federal Energy Regulatory Commission will conduct a hearing Thursday at 4:30 p.m. at Lawndale Community Center in Odessa on the proposed DeLa Express pipeline.  FERC is gathering public input and comments to prepare an environmental report for the proposed natural gas pipeline project.  FERC is required to seek and consider public comments in its decision-making […]

Permian Basin added a drilling rig last week for the second time in the past three weeks, according to the weekly report of Sept. 6 by Baker Hughes.  There were 306 rigs in Permian Basin (up 1 from 305 previous week, down 14 from 320 year ago).  Baker Hughes also reported 274 rigs in Texas […]

Railroad Commission of Texas is accepting public comments through Sept. 30 on its proposal to revise the agency’s rules regulating waste management facilities in the state. “This is the first overhaul of the RRC’s waste management rules in four decades,” the commission said. “The proposed rules factor safety and groundwater protection as well as technological […]

Calgary-based Enverus Intelligence Research said this week M&A (mergers and acquisitions) activity in power and energy transition industries is ahead of the pace set in 2023. Enverus has tracked $79 billion in power asset and energy transition M&A through the first half of the year across 234 deals with a reported value ahead of 2023’s […]

Houston-based Milestone Environmental Services said recently it has acquired assets in west Texas from Return Disposal. Milestone acquired slurry injection facilities in Big Spring, Mentone and Midkiff to expand its network to 11 full-service slurry injection facilities, including nine in Permian Basin. Milestone also operates three energy waste landfills in Permian Basin. The newly acquired […]

Tulsa-based Vital Energy recently upgraded its portfolio with a total of 119 long-lateral horseshoe locations in Permian Basin. That follows the successful execution of its first three horseshoe wells in Upton County in Midland Basin. Jason Pigott, president and CEO, said Aug. 7, “In addition to achieving record quarterly production, we are organically adding low-breakeven […]

Matterhorn natural gas pipeline has started moving small amounts of gas from Permian Basin to the Gulf Coast, according to industry executives at a conference in New York City this week. “The Matterhorn is online and moving little bits of gas,” officials at Permian Resources told Reuters. The pipeline should be “moving a real amount […]