Houston-based Targa Resources announced plans last week for a new long-haul pipeline connecting the company’s operations in Permian Basin to its fractionation and storage complex in Mont Belvieu. Speedway pipeline will be a 500-mile system (30 inches) to move up to 500,000 barrels per day of NGLs at a cost of $1.6 billion. It will […]
Thirteen members named to new state taskforce on petroleum products theft
Michael Lozano of Permian Basin Petroleum Association, Ed Longanecker of Texas Independent Producers and Royalty Owners Association, and Tulsi Oberbeck of Texas Oil and Gas Association are among 13 people named this week to a new state taskforce on petroleum theft. The group was created during the recent session of the Texas legislature to study […]
“Pressure Control” in Sales and Safety
When I first was asked if I wanted to be in the safety profession, I politely said heck no. I had numerous reasons for not wanting the role, so I gracefully declined. Safety records—ours, and those of other companies like ours—were becoming an issue with customers in operations. We did not meet the standards or […]
Devon Energy builds its own utilities in New Mexico because of supply constraints
Clay Gaspar, president and CEO of Devon Energy, said his company’s operations in New Mexico have faced electricity supply constraints and led Devon to develop “our own utilities.” Speaking recently at a Barclays conference in New York, Gaspar said, “We’ll be looking and trying to understand our capabilities of building co-ops with peers to build […]
Permian Basin count down 2 to 251 rigs, Texas count also falls 2 to 244
Counts of active drilling rigs in Permian Basin and Texas continue to decline, according to the weekly report of Oct. 3 from Baker Hughes. Permian Basin reported 251 rigs (down 2 from 253 last week, down 53 or 17.4 percent from 304 a year ago), and Texas also declined 2 to 244 (down 35 or […]
Vistra to build two new natural gas power plants near Monahans
Irving-based Vistra said last week it will build two new natural gas power units at its Permian Basin power plant near Monahans. Vistra said its plans to support grid reliability are “based on customer demand and to meet west Texas’ growing power needs, particularly the state’s expanding oil and natural gas industries.” The two new […]
Stimulating Conversations
Click here to listen to the Audio verison of this story! The shale revolution 20+ years ago opened a new era of production for the United States and the Permian Basin in particular—while still leaving the vast majority of the oil in the ground. Over the years, engineers have worked on opening up […]
Eagle Ford 2025: Steady Output, Export Tailwinds, and Disciplined Growth
The Eagle Ford’s center of gravity hasn’t shifted so much as sharpened. Production is broadly steady with modest gas-side growth, operators are leaning into longer laterals and bolt-ons rather than big rig adds, and the Corpus Christi export complex keeps widening the outlet to global markets—especially for LNG. The result is a basin that’s cash-efficient, […]
Safety Firm Expands Quality Assurance Program
A company specializing in connected safety technology announced on Aug. 13 a major expansion of its quality assurance (QA) program. Blackline Safety Corp the company has increased its QA team, upgraded its inspection equipment, and boosted in-lab testing of its entire product line. Headquartered in Canada with offices in the UK, France, the United States, […]
PBPA Secures Legal Victory Against Abuse of the Endangered Species Act
MIDLAND, TEXAS—The Permian Basin Petroleum Association (PBPA) on Aug. 12 welcomed the ruling by the U.S. District Court for the Western District of Texas vacating the U.S. Fish and Wildlife Service’s (FWS) 2022 listing of the Lesser Prairie-Chicken (LPC) under the Endangered Species Act (ESA). The decision follows FWS’s own admission that the listing […]
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