A surge in construction jobs continues in New Mexico thanks to the oil and gas industry, according to the Santa Fe New Mexican. Industry group Associated General Contractors of America said New Mexico added 4,300 construction jobs in one year from August 2018 to August 2019 to reach 51,000 construction jobs. The New Mexican said […]

All seven major oil- and gas-producing regions in the U.S. posted declines in the count of drilled but uncompleted wells (DUC) in September. Anadarko (down 59 DUC wells from August) and Permian (down 49 DUC wells to 3,668) led the declines from the previous month. Across the U.S., there were 7,740 DUC wells in September […]

Texas recorded consecutive weeks of gains in count of active oil and gas drilling rigs as of Oct. 18 for the first time since April. Baker Hughes said Texas added 3 rigs in the previous week for a new total of 423 (540 a year ago) after adding 6 rigs in the Oct. 11 report […]

Houston-based Birch Resources has filed permits with the Railroad Commission of Texas to develop 19 horizontal wells targeting Spraberry at depths of up to 9,100 feet on the company’s Big Jay lease near Lenorah in Martin County. Houston Chronicle said Birch has filed a total of 74 drilling permit this year – all of them […]

Houston-based Salt Creek Midstream, portfolio company of funds managed by Ares Management and ARM Energy Holdings, last week said its Pecos II cryogenic processing plant is now in service. The plant with capacity of 200 MMcfd is Salt Creek’s second cryogenic processing facility in Pecos. Salt Creek now has 400 MMcfd of installed natural gas […]

New Mexico Gov. Michelle Lujan Grisham said Tuesday in Santa Fe she wants industry officials in her state to help create new regulations for methane emissions in cooperation with her administration, and she hopes New Mexico overtakes North Dakota to become the nation’s No. 2 crude oil producer. She spoke to members of New Mexico […]

Last month the U.S. Environmental Protection Agency approved Texas’ plan to limit emissions of substances leading to the formation of ground-level ozone, according to Oil & Gas Journal. The EPA approval Sept. 23 said the plan will allow Texas to “meet 2015 National Ambient Air Quality Standards and comply with the 1970 Clean Air Act.” […]

Texas Petro Index by petroleum economist Karr Ingham declined for the sixth straight month in August. The index opened the year at 212.5 and climbed to a 2019 high of 213.2 in February before falling later to 205.5 in July and 202.9 in August (base 100 in January 1995). The index is based on a […]

Houston oilfield services firm Baker Hughes continues to report declining rig counts as U.S. crude oil production continues to set records. U.S. Department of Energy said estimated production last week reached a record of 12.6 million barrels per day of crude oil. And as of Oct. 4, Baker Hughes said in the past week another […]

Houston-based Johnson & Lindley last week opened a new oilfield laboratory in Midland, including 1,000 square feet of office space and 3,000 square feet of lab space. Sam Pruett, president of J&L Laboratories, told the Midland Reporter Telegram oilfield labs measure the health of wells. “The things we’re doing here bring a level of sophistication […]