Dallas-based Texas Pacific Land Corp. said last week it closed two transactions for $169 million for oil and gas mineral interests and surface acreage in Permian Basin. TPL acquired mineral interests on 4,106 net royalty acres in Culberson County leased to and operated by Coterra Energy. The acquired surface acres span 4,120 acres in Martin […]
Permian People
Hirings, promotions, and other personnel matters in the nation’s biggest oil patch—or in companies who do business here. Craig Morford, Vice President, General Counsel, and Secretary for Exxon Mobil Corporation, an oil and energy company, retired on July 1. The Board of Directors elected Jeff Taylor to succeed him. “Craig has been a valued […]
Chain Maker Linked to Improvements
Kito Crosby, a leader in the lifting and securement industry, based in Richardson, Texas, has announced the completion of a major investment at its flagship manufacturing site of Peerless branded products in Winona, Minnesota. The multi-year, multi-million-dollar, project involved the design, installation, and startup of an advanced continuous plating system utilized in chain production. This […]
New Method Pioneered for Completions Data Transfer
Intelligent Wellhead Systems, a provider of automation and digitalization solutions to the oil and gas industry, along with ProFrac, a provider of hydraulic fracturing services, announced on July 2 what they describe as successful field tests utilizing MQTT (Message Queuing Telemetry Transport) protocol for the safe and efficient transfer and visualization of wellsite data during hydraulic fracturing operations. Working […]
Manufacturer Completes Alloy Tubulars Facility
Corrosion Resistant Alloys (CRA), a “just-in-time” manufacturer of corrosion-resistant alloy tubulars, announced the completion of construction at its state-of-the-art manufacturing facility in Brenham, Texas. The newly completed facility is designed to expand manufacturing capabilities and capacity, streamline processes, and respond to the dynamic needs of the industry and energy sectors. CRA states that this facility […]
RRC Expands Info in O&G Monitoring Plan
Texas Railroad Commissioners (RRC) have approved the agency’s Fiscal Year 2025 Oil and Gas Monitoring and Enforcement Plan, which includes added information to provide the public further insight on the agency’s work to protect the environment and Texans. The annual plans define the RRC’s strategic priorities for monitoring oil and gas activities and enforcing regulations […]
Chevron Commits to New Mexico Wildfire Relief and Recovery Efforts
Chevron U.S.A. Inc. announced a donation of $100,000 to support relief and recovery efforts in response to the South Fork fire and the Salt fire near the village of Ruidoso and the Mescalero Apache Reservation in south-central New Mexico. “Through our legacy companies, Chevron has been a proud community partner in New Mexico for more […]
Odessa Native Serves with Naval Aviation Warfighters
Ensign Stephen Steen, a native of Odessa, Texas, is serving in the U.S. Navy assigned to Training Squadron (VT) 27 in Corpus Christi, where naval aviators learn the skills they need to fly missions around the world. Steen, a 2018 graduate of Permian High School, joined the Navy two years ago. Steen also earned a […]
Basin Upstream M&A Topped $30 billion in Q2
Enverus Intelligence Research (EIR), a subsidiary of Enverus, an energy-dedicated SaaS company that leverages generative AI across its solutions, has released its summary of 2Q24 upstream M&A activity, finding that upstream M&A notched its third consecutive quarter of heightened value with more than $30 billion transacted. That brings year-to-date activity, including July deals, to nearly […]
Andrews Native Trains to Serve with Navy Chaplain Corps
Navy Lt. j.g. Nathaniel Cook, a native of Andrews, Texas, is training at the Naval Chaplaincy School to serve as a chaplain for America’s seafaring warfighters. Cook graduated from Andrews High School in 2004. Additionally, Cook earned a Master of Divinity in theology in 2023. The skills and values needed to succeed in the Navy are […]
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