The persistence U.S. oil and gas producers have displayed over the last eight years to improve shareholder returns and build resilience—in operations and capital budgets—is proving U.S. hydrocarbons to be a viable core asset amid the energy transition, according to the Ernst and Young study on U.S. oil and gas reserves, production, and ESG benchmarking, which documents […]
Quantifying Unproven Inventory in the Permian
Enverus Intelligence Research, a subsidiary of Enverus, the most trusted energy-dedicated SaaS platform, released on Aug. 29 a new report that quantifies the geologically viable but not yet economically proven inventory in the Permian Basin and investigates the associated impact this undeveloped resource has at the operator level and the supply outlook of the basin. […]
Manufacturer Doubles Down
ValTek LLC, manufacturer of high-performance hydraulic fracturing pumps, parts, and expendables, has expanded its facility capabilities in Odessa, Texas, to bring higher efficiency, increased capacity for parts manufacturing, and improved workplace conditions. Located in the heart of the Permian Basin, ValTek’s facility enhancements span across four buildings and include upgraded equipment offering premium functionality as […]
Oil and Gas on the Rise
Across the oil and gas industry, 1,949 jobs were added in the United States, according to preliminary data from the Bureau of Labor Statistics (BLS) after adjustments to June numbers and analysis by the Energy Workforce and Technology Council (Energy Workforce). Despite preliminary BLS data suggesting an initial loss of 117 jobs, adjusted data showed […]
Factory of the Future Unveiled
Developers of Renishaw’s new Central manufacturing connectivity and data platform say the project is poised to transform the productivity, capability, and efficiency of manufacturing operations. The new data-driven manufacturing solution brings the power of connectivity to the machine shop floor, resulting in efficient, productive operations with optimized processes, reduced downtime, and minimized waste. Renishaw will […]
SensorUp methane emissions management customers include Occidental
Officials from Permian operator Occidental Petroleum recently said their decision to use a methane emissions management system from SensorUp “aligns with Oxy’s net zero targets and helps advance our low carbon business objectives.” Calgary-based SensorUp developed its gas emissions management solution (GEMS), a data integration platform for methane leak detection and repair, measurement reconciliation, reporting […]
FERC authorizes Sempra’s Port Arthur LNG Phase 2 expansion
Four projects, including an expansion at Port Arthur LNG in Jefferson County by Sempra Infrastructure, received authorization Sept. 21 from U.S. Federal Energy Regulatory Commission. Sempra may proceed with expansion of 13.5 million metric tons per year for Phase 2 for liquefaction trains 3 and 4 to double the plant’s capacity. FERC also approved Texas […]
Milestone Carbon to develop CO2 sequestration hub in Midland Basin
Milestone Carbon, a subsidiary of Houston-based Milestone Environmental Services, said Tuesday it will develop a carbon dioxide sequestration hub in Midland and Upton counties in southwestern Midland Basin. Milestone acquired rights to more than 10,000 acres of land and pore space “for permanent sequestration and storage of CO2.” The site “has the potential to support […]
Lizards and Chickens and Rules, Oh My!
Members, as all of you are keenly aware, there is no shortage of issues that PBPA is working on at the federal and state level. In both Texas and New Mexico, there are a litany of state challenges that we are working through with our regulatory committee to tackle and we greatly appreciate your work […]
Roy, Wright to speak at Alliance conference in Fort Worth
Texas Alliance of Energy Producers will conduct its 2023 annual conference next week at Hotel Drover in Fort Worth. Speakers Oct. 4-5 will include U.S. representative Chip Roy (R-Texas) of Austin, commissioner Jim Wright from the Railroad Commission of Texas, Rusty Smith from Texas Produced Water Consortium, Lee Fuller from Independent Petroleum Association of America, […]
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