The Energy Workforce and Technology Council released on Feb. 10 its monthly jobs report, analyzing employment trends within the U.S. energy services sector for January 2025. Based on preliminary data from the Bureau of Labor Statistics (BLS) and analysis conducted by EWTC, total jobs in the sector were reported at 630,087, reflecting a downward adjustment of 7,303 […]
The Nine Core Traits of High-Performing Companies
In today’s business landscape, competition is relentless. Disruptions emerge overnight. Customer expectations evolve rapidly. Talent is harder to retain than ever. Yet, some companies consistently outperform their peers, growing faster, attracting top talent, and building unshakable customer loyalty. What sets these companies apart? An in-depth study was conducted of companies to identify the characteristics of […]
Global O&G Contract Value Remains Stable
Despite the global oil and gas industry experiencing a 15 percent quarter-on-quarter decrease in the total number of contracts, from 1,596 in Q3 2024 to 1,353 in Q4 2024, the overall contract value remained stable, driven by the announcement of some major contracts in Africa, revealed GlobalData, a data and analytics company. A recent GlobalData report reveals […]
Engagement and Advocacy—Necessary in Good Times and Bad
Isn’t it great to have a President who understands the importance of abundant, reliable, and affordable energy!!! And it’s great to have a federal administration that finally recognizes that energy dominance is United States security! Yes, many of President Trump’s executive actions have helped and will help boost energy production. Not just any energy, but […]
Count of frac crews in Permian Basin increases slightly in past year
In its rig count update this week, Enverus said the number of frac crews in Permian Basin has increased slightly since a year ago. As of March 7, Enverus said there were 106 frac crews in Permian Basin (of 182 across the U.S.) compared to 102 a year ago. Also as of March 7, there […]
Commissioner Wright to speak at TAEP meeting in Wichita Falls
Jim Wright of Orange Grove, commissioner of the Railroad Commission of Texas, will be featured speaker at a meeting of Texas Alliance of Energy Producers April 14-15 in Wichita Falls. The TAEP will conduct its expo and trade show for industry leaders, exhibitors and energy professionals. The two-day event will be held at Wichita Falls […]
Elk Range Royalties acquires assets in Permian Basin, Eagle Ford
Dallas-based Elk Range Royalties said recently it acquired Newton Financial Corp., Concord Oil and Mission Oil. Collectively they own mineral and royalty interests across the Permian Basin in west Texas and Eagle Ford in south Texas. The company’s announcement said, “This strategic transaction expands Elk Range’s footprint across premier oil and gas producing regions in […]
Improving Plugging and Abandonment Procedures
Daily news feeds and internet searches abound with abundant negative images about the oil and gas industry. These images feed the negative messaging that anti-fossil fuel groups are eager to magnify. In response, regulators add regulations—often without industry input. If the industry is going to rehabilitate its image, it must demonstrate its desire to be […]
Count of drilling rigs declines for third straight week in Permian Basin
Count of active drilling rigs decreased for the third straight week in Permian Basin, according to the weekly report of March 21 from Baker Hughes. There were 300 rigs in Permian Basin – down 1 from 301 the previous week and down 15 from 315 year ago. Also as of March 21, there were 280 […]
EIA report: Natural gas pipeline capacity increases by 17.8 Bcfd in 2024
U.S. Energy Information Administration said last week natural gas pipeline capacity increased by 17.8 Bcfd in 2024. Total pipeline capacity of interstate and intrastate additions surpassed the previous year’s additions for the second straight year. In its latest natural gas pipeline projects tracker, EIA said major projects in Permian, Eagle Ford in south Texas, Appalachia […]
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