Gravity, a growth-oriented water and power infrastructure company backed by affiliates of Clearlake Capital Group, L.P., announced in late June it had signed a multi-year minimum volume commitment produced water gathering agreement with an independent producer in the Midland Basin. Gravity owns and manages more than 50 active saltwater disposal wells with more than 1.5 million barrels […]

Pinnacle, a reliability data analytics company, released on June 16 its “Economics of Reliability” report for the refining industry. The report analyzes the impact that reliability has on the refining industry. “U.S. refiners are reporting record profits and are also running at well above average utilization levels,” said Jeff Krimmel, Chief Strategy Officer at Pinnacle. […]

Whitney Smith Company’s annual compensation survey of the oil and gas industry in the Permian Basin has begun, and members of the Permian Basin Petroleum Association, as well as area O&G interests of all kinds, are encouraged to participate in the study to help generate good data to be released later this year, according to […]

ENG, a provider of innovative project delivery solutions for the energy industry, recently announced the acquisition of Calvert Group Belgium and its exclusive license to patented gas to liquid (GTL) technology to convert flare gas and stranded gas to synthetic liquids such as crude oil or diesel. Calvert’s GTL process has been recognized by The […]

The Railroad Commission of Texas has turned to artificial intelligence to optimize the time the agency’s technical analysts spend on seismicity reviews to ensure residents and the environment are protected. Seismicity reviews are conducted by the Underground Injection Control (UIC) Department for injection/disposal well permits in areas susceptible to earthquakes and in certain geologic zones. […]