For this month’s article, my co-writer is Michael Crain. Michael’s experience includes owning and operating a restaurant, construction company, and manufacturing facility that interacted with global partners. His background includes engineering in multiple disciplines and lecturing at UTPB, achieving the Teacher of the Year award recognized across all UT campuses. He is a graduate of […]
Hanging by a (Pipe) Thread
. R&D pipe President Ron Underwood and Trident Steel CEO Kevin Beckmann have both seen better times, but neither is certain when those will return, at least for their sector. Casing in particular is tied directly to drilling, Underwood pointed out. Beckmann noted that the rig count is down 73 percent year-over-year from 2019. That […]
Enverus: Flaring intensity in Permian Basin declines in September
Flaring intensity in Permian Basin, as measured by satellites, was estimated at 290 MMcfd in September, according to Enverus Intelligence and RS Energy Group. Flaring intensity fell about 175 MMcfd or 38 percent from August. Enverus added, “Activity has started to return to the basin, which may account for elevated flaring levels through the summer […]
Texas, U.S. add rigs for second straight week; another low in New Mexico
Counts of active oil and gas drilling rigs increased for the second straight week in Texas and U.S. in the weekly report for Sept. 25 from Baker Hughes. Texas added 7 rigs to increase to 113, and U.S. added 6 rigs to increase to 261. In the past week Permian Basin added 2 rigs to […]
Matador Resources completes first four of 13 Boros wells in Stateline
Dallas-based Matador Resources said Sept. 22 the results of the first four of its 13 Boros wells completed and turned to sales in its Stateline area in Eddy County include the Boros #215H with “the best IP test result that Matador has achieved for Wolfcamp A-lower formation and among the very highest IP test results […]
Kinder Morgan starts Lockridge gas pipeline in Permian Basin
Houston-based Kinder Morgan placed the Lockridge natural gas pipeline into service in September, according to a filing Sept. 28 with the U.S. Federal Energy Regulatory Commission reported by Reuters. Lockridge is designed to remove gas from Permian Basin, where pipeline capacity has not kept up with the amount of gas associated with oil production. The […]
Max Midstream acquires Seahawk pipeline and terminal for Port of Calhoun
Houston-based Max Midstream said Sept. 23 it acquired Seahawk pipeline and terminal from Oaktree Capital at Port of Calhoun with plans for a pipeline that will connect the port to producers in Permian Basin and Eagle Ford. Max Midstream said the new pipeline will “transport up to 20 million barrels a month to a revitalized […]
Oklahoma producers Devon, WPX merge with 400,000 acres in Delaware
Two Oklahoma-based shale producers, Devon Energy and WPX Energy, said this week they will combine in a $2.56 billion all-stock deal to create one of the nation’s largest producers with a dominant position in Delaware Basin. The “merger of equals” creates a combined company valued at about $12 billion to be named Devon Energy and […]
Where to From Here?
Everything pivots on commodity pricing. The price of oil or natgas drives not just the E&P sector but the services sector as well. So what’s the story with prices? Come Oct. 1 we’ll tell you all about it–online. What’s Affecting Oil Prices This Week? During this year the oil market has seen Brent crude spot […]
Proud to Be an American
Well, at the writing of this article, the Permian Basin, specifically Midland and Odessa, are still abuzz with the excitement of a Presidential visit. From those who lined the Airport perimeter fence to catch a glimpse of Airforce One’s arrival, to those who lined the streets of Odessa to see the impressive motorcade of black […]
- « Previous Page
- 1
- …
- 238
- 239
- 240
- 241
- 242
- …
- 369
- Next Page »