Counts of active drilling rigs resumed increases in the past week, according to the weekly report of July 31 from Baker Hughes. There were 260 rigs in Permian Basin (up 2 in past week, up 1 in the past year), 273 rigs in Texas (up 1 in past week, up 28 or 11.43 percent in […]
Chevron reports record production in Permian Basin in second quarter
Houston-based Chevron said last week it increased upstream production in second quarter by 5 percent compared to 1Q and by 20 percent compared to 2025Q2, including record performance in Permian Basin. Chevron’s shale and tight portfolio produced about 1.7 million barrels per day, including more than 1 million b/d from Permian Basin. Capex in Permian […]
ExxonMobil reports record production of 1.8 million boed in 2Q in Permian Basin
Spring, Texas-based ExxonMobil said last week its production averaged 4.514 million boed in first quarter, including record production of more than 1.8 million boed from Permian Basin. Exxon’s 2Q production was down from 4.594 million boed in 1Q, and first-half production of 4.554 million boed was down from 4.591 million boed last year. Cash capital […]
Right for the Times
The top executive at Weatherford International, who leads a workforce that numbers more than 16,000 employees, is maybe still less well known than the chief executives of comparably sized oilfield service firms (and yes, there are comparably sized and even bigger firms), but his recognition factor is definitely on the increase. Girish Saligram has Weatherford […]
Data Center Power Consumption to Triple by 2030
Data centers are rapidly becoming mission-critical digital infrastructure, evolving from back-end IT sites into strategic platforms for cloud, connectivity, and data-driven services. Growth is being driven by cloud and hybrid adoption, surging data traffic, and demand for secure, resilient environments, boosting colocation and hyperscale builds while AI is supercharging expansion with high-density graphics processing unit […]
RRC Commissioner Seeks Efficiencies
Oil and gas regulator Wayne Christian announced June 18 the next phase of the Delivering Oil and Gas Efficiently (DOGE) Task Force following a year of stakeholder engagement, review, and modernization efforts at the Railroad Commission of Texas (RRC). The initiative aims to streamline internal processes, strengthen communication and bolster the RRC’s responsive, pro-business approach. […]
Company Unveils Mobile Ozone Treatment Containers
Sigma Advanced Technologies announced June 22 the launch of its next‑generation mobile all‑in‑one ozone water treatment containers, engineered to transform how industrial operators manage and reuse wastewater. Designed for maximum flexibility and performance, these modular treatment units can process everything from low‑flow industrial waste streams to high‑volume waters reaching up to 100,000 barrels per day—including […]
USGS Assesses the Buda Limestone
There are 184 billion cubic feet of gas and 12 million barrels of oil under the Eagle Ford. That’s the assessment of the U.S. Geological Survey (USGS), which on June 24 released its report of undiscovered gas and oil in the Buda Limestone formation near the Texas Gulf Coast. Since production began around 1930, the […]
Evolution Well Services Receives Award
The Woodlands-based Evolution Well Services, an industry leader in electric hydraulic fracturing, announced June 25 that it has been honored with the prestigious Supplier Excellence Award from ExxonMobil. This is the second recognition Evolution has received for its sustained performance in supporting ExxonMobil’s unconventional operations within the Permian Basin and reaffirms the company’s position as […]
The Politics of Ethanol
The battle over ethanol as an added fuel ingredient to gasoline and diesel fuels has been around for going on 50 years. And occasionally it flares up when certain measures or mandates come to the fore in our nation’s capital. Because ethanol is produced by corn farmers, the corn lobby (and agriculture in general) is […]
- « Previous Page
- 1
- 2
- 3
- 4
- 5
- 6
- …
- 431
- Next Page »