By Rupert Darwell By any standard, the London meeting of finance ministers of the Group of Seven leading Western economies a week before the G7 leaders’ summit was historic. By committing to transformative structural change to meet net-zero greenhouse gas targets and other environmental objectives, G7 finance ministers turned themselves into adjuncts of their environment […]
Boom-or-Bust Road Trip
There’s a new book on the Permian Basin, and its creators are taking the tome to the people. Joe Specht, emeritus library director at McMurry University, Abilene, is among the contributors to the recently published Boom or Bust: Narrative, Life, and Culture from the West Texas Oil Patch (Oklahoma University Press). The collection of essays […]
The A.I. Factor
Science fiction abounds with stories of robot or computer takeovers, from 2001 A Space Odyssey’s HAL 9000 to Dr. Who’s Cyber Men—along with the flip side, the original Star Trek’s “Spock’s Brain” episode where the bad guys hooked Spock’s brain up to the system that controlled their civilization’s air conditioning and other processes. Whether any […]
CLEAN Future Act Could Pose Problem
A little-noticed section of an environmental bill pending in Congress could reclassify water extracted from oil and gas wells as hazardous waste, dramatically driving up drilling costs in the United States and destabilizing energy markets around the world, according to a new report from Rice University’s Baker Institute for Public Policy. If the legislation becomes […]
North America to Dominate LNG Liquefaction Additions
North America is expected to lead the global liquefied natural gas (LNG) liquefaction capacity additions by 2025, contributing around 63 percent, says GlobalData, a leading data and analytics company. The Former Soviet Union (FSU) region is a distant second place, with 18 percent, followed by the Middle East at 10 percent. GlobalData’s latest report, “Global […]
Four Ways Your Business Can Mitigate Downtime
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 […]
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