Midland Inspires awarded a deserving nonprofit with a check for $100,000 in a July 19 ceremony recognizing the organization for its outstanding community service. Family Promise of Midland, a charity that benefits homeless families, was the recipient of the funds. Ellen K. Ramsey, the chair of Midland Inspires’ board of directors, shared these remarks: “Family […]
Shale Producers Stay Disciplined
The speed at which new rigs are put to new developments is considerably less than in previous price cycles. Most U.S. shale producers are being conservative in their production and capital guidance, as priorities remain fixed on protecting balance sheets and generating free cash flow. For many operators, this has led to a drawdown of […]
Is the Electric Vehicle Game About to Change?
By Steve Hendrickson, president of Ralph E. Davis Associates Electric vehicles (EVs) and their hybrid cousins have been a long time coming. It seems all of the automakers have dabbled in them at one time or another, and to varying degrees, but most had small production numbers and failed to generate a profit. Tesla finally […]
Demand Side, Not Supply, Key to Decarbonization
By Rupert Darwell By any standard, the London meeting of finance ministers of the Group of Seven leading Western economies a week before the G7 leaders’ summit was historic. By committing to transformative structural change to meet net-zero greenhouse gas targets and other environmental objectives, G7 finance ministers turned themselves into adjuncts of their environment […]
Boom-or-Bust Road Trip
There’s a new book on the Permian Basin, and its creators are taking the tome to the people. Joe Specht, emeritus library director at McMurry University, Abilene, is among the contributors to the recently published Boom or Bust: Narrative, Life, and Culture from the West Texas Oil Patch (Oklahoma University Press). The collection of essays […]
CLEAN Future Act Could Pose Problem
A little-noticed section of an environmental bill pending in Congress could reclassify water extracted from oil and gas wells as hazardous waste, dramatically driving up drilling costs in the United States and destabilizing energy markets around the world, according to a new report from Rice University’s Baker Institute for Public Policy. If the legislation becomes […]
North America to Dominate LNG Liquefaction Additions
North America is expected to lead the global liquefied natural gas (LNG) liquefaction capacity additions by 2025, contributing around 63 percent, says GlobalData, a leading data and analytics company. The Former Soviet Union (FSU) region is a distant second place, with 18 percent, followed by the Middle East at 10 percent. GlobalData’s latest report, “Global […]
Four Ways Your Business Can Mitigate Downtime
By Chandler Terrell On June 8th, I experienced intermittent connectivity to several websites like Amazon, Twitter, and Hulu. Frustrated, I tried multiple attempts at refreshing my browser, but nothing improved. This outage was due to a failure at Fastly, which supports many of the web’s most popular sites (for more detail, see the report posted […]
Global O&G Contracts Stable in Early 2021
Oil and gas contract activity remained relatively stable in Q1 2021, with the industry recording a marginal decrease in the number of contracts and at the same time an increase in disclosed contract value, according to GlobalData, a leading data and analytics company. The latest report by GlobalData, “Q2 2021 Global Oil and Gas Industry […]
Archrock Donates Compressor System to Midland College
Archrock Inc., which markets itself as the leading provider of midstream natural gas contract compression services in the United States, on June 7 donated a compressor package worth approximately $200,000 to Midland College. This donation included a contained portable gas lift compression system, equipped with updated Centurion and EICS controls. Headquartered in Houston, Archrock operates […]
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