U.S. Department of Energy said this week it has purchased an additional 2.8 million barrels of crude oil produced in the U.S. for the nation’s strategic petroleum reserve.  Contracts were awarded Thursday to three companies for September delivery to the Big Hill storage site in Jefferson County in southeast Texas.  DOE has now purchased 32.3 […]

Data from U.S. Bureau of Labor Statistics show a steady increase in oilfield employment, according to Energy Workforce and Technologies Council.  The council said oilfield employment reported a slight gain last month by adding 1,466 jobs.  Energy employment improved 22.5 percent from January “as the market continues to steady itself amid global geopolitical conflicts.” Molly […]

Houston-based Milestone Environmental Services said this week it opened its third Permian Basin facility 10 miles south of Stanton at CR 470.  The Stanton landfill facility accepts drill cuttings, contaminated soils, non-injectable fluids and other RCRA-exempt waste from exploration and production operations.  It is located with Milestone’s Stanton slurry injection facility and “provides customers with […]

Calgary-based Enbridge said this week it reached agreement with WhiteWater I Squared Capital and MPLX for a joint venture to develop, construct, own and operate natural gas pipelines and storage assets connecting natural gas supply in Permian Basin to growing demand for LNG on the Texas coast.  The JV will be owned by WhiteWater I […]

U.S. Energy Information Administration said the nation’s crude oil production averaged 13.3 million barrels per day in December because of sustained productivity increases at new wells.  In its Petroleum Supply Monthly, the EIA said, “U.S. crude oil production has increased to record highs since 2010 and has risen even more quickly in recent months.  These […]