The first group of oil and gas inspectors from Railroad Commission of Texas recently attended a four-day course in Lubbock in the commission’s new partnership with Texas Tech  to enhance professional development of inspectors.  The course at Tech’s Department of Petroleum Engineering is designed specifically for oil and gas inspectors. Marshall Watson, department chair, told […]

Houston-based Battalion Oil said last week it completed preparations for a drilling program, including up to 8 wells at Monument Draw in Ward County.  Execution is scheduled to begin with a four-well pad.  Targets are distributed across Third Bone Spring and Wolfcamp A and B.  Battalion will remain the operator, retain a majority interest, and […]

Partners in a WhiteWater-led joint venture announced Monday their final investment decision for Solitude pipeline, a major new system connecting Permian Basin and Katy.  The partners will construct two 48-inch natural gas pipelines in a phased buildout intended to transport 4.5 billion cubic feet per day by 2030 to Gulf Coast gas markets.  Solitude will […]

Calgary-based Ensign Energy Services said recently it will acquire Citadel Drilling for $65 million.  Robert Geddes, president and CEO of Ensign, said Citadel’s business in the Permian Basin, which includes six high-spec AC drilling rigs, “is equipped in a manner closely aligned with Ensign’s, featuring automated drilling control systems and other high spec equipment capable […]

Phillips 66, Kinder Morgan and HF Sinclair said last week they executed a joint venture agreement and made final investment decision to advance the Western Gateway pipeline system.  It will create a new refined products transportation system of 1,300 miles linking St. Louis and expanded Gulf Coast supply points with markets in Arizona and California […]

Baker Hughes’ counts of active drilling rigs continue to increase in U.S., Texas and Permian Basin.  The weekly report of Aug. 14 shows 593 wells in U.S. (up 5 in the past week, up 54 or 10.02 percent in past year), 277 in Texas (up 2 in past week, up 35 or 14.46 percent in […]

Hosuton-based EagleRock Land last week said it acquired Intrepid Ranch from Hydrosource Logistics for $78.2 million.  Intrepid Ranch is comprised of about 50,000 surface acres adjacent to EagleRock’s existing position in Lea County, N.M.  The acquisition includes about 22,000 fee acres, representing an increase of about 60 percent to EagleRock’s existing fee acreage in New […]

U.S. Energy Information Administration last week forecast record production of marketed natural gas this year.  Most of the expansion is concentrated in Permian Basin of Texas and New Mexico and Haynesville in Texas and Louisiana.  EIA said Aug. 12 it expects marketed natural gas production to average 122.5 billion cubic feet per day in 2026 […]