The candy season of Halloween has passed so bring on the turkey and dressing and holiday parties. There are only 4 weeks between Thanksgiving and Christmas, so get busy. Are you feeling the pressure yet? Because I’ve started my yoga breathing just to finish typing this sentence. The reality of the holiday season means that […]
Drilling Deeper
It’s a New World In this month’s roundup of news and views, we share some headlines that, five years ago, few would have expected to see. But that is how much things have changed since the previous boom cycle. These are the full versions of the “Drilling Deeper” news items that appeared as abbreviated versions […]
MDM Permian, FireDream Resources form alliance for Midland Basin wells
Addison-based MDM Permian said Oct. 11 it has formed an alliance with Frisco-based FireDream Resources to jointly develop up to 200 wells in the southern Midland Basin. MDM Permian is the prospect generator and operator for the agreement that begins with four wells in Irion County on the 160-acre Lindley lease from Canyon Sands at […]
Hiring and Firing: What do I need to know?
What are a few critical things that you need to know before hiring or firing an employee? First, avoid hiring people who are not a good fit for the organization. I have had clients that were so quick to hire that they did not read the job application. How do you tell your boss that […]
Enterprise to expand ATX pipeline from Appalachia to Texas
Houston-based Enterprise Products Partners said Monday it will expand its Appalachia-to-Texas ethane pipeline. The ATX pipeline of 1,200 miles transports ethane from Marcellus-Utica region of Ohio, Pennsylvania and West Virginia to EPP’s natural gas liquids storage complex in Mont Belvieu east of Houston. Current capacity is 145,000 barrels per day, and Enterprise said it is […]
Baker Hughes: Texas adds rigs for first time since August
Both U.S. and Texas reversed two-month declines in Baker Hughes’ count of active oil and gas drilling rigs. As of Oct. 11, Texas had the largest gain among states in the past week with 6 rigs added to raise its total to 420 (532 a year ago). And across the U.S. there was 1 additional […]
Parsley, Jagged Peak reach merger agreement for Permian assets
Austin-based Parsley Energy and Denver-based Jagged Peak Energy said Monday they have reached a merger agreement calling for Parsley to acquire Jagged Peak in an all-stock transaction valued at $2.27 billion. Parsley will own 77 percent of the combined company after closing in 2020Q1. Parsley will have about 267,000 net acres in Permian Basin, including […]
Shrinking the Footprint
The business of environmental services keeps evolving into something more akin to a real business function, and less like an onerous duty. The trend is driven partly by conscience and partly by receptivity to change. The days in which “environmental” was a dirty word in the oil patch are long gone, say the experts. More […]
Hire to Retire – “What were you thinking?”
by Michele Harmon As I start my second article, I wanted to remind you that my goal is to inform, to make you stop and think before reacting, and to help you know where to find the right answers to keep you out of hot water with regards to Human Resources (HR) issues. I hope […]
Ten Years in the Making
Midland-Odessa takes another step forward. The long-awaited UTPB College of Engineering Building is now a reality. One month. Four weeks. Thirty days. And counting. Workers scampered from one end of the building, from top to bottom, and all over the outside grounds in an all-out push to finish the new College of Engineering Building for […]
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