Sponsored Content: Cudd Energy Services named Gene Sweeney as Director of Well Intervention and Integrity. Sweeney will take on responsibilities for Cudd’s domestic snubbing, well control, and special services disciplines. Sweeney returns to Cudd after leading BP’s global well control team for the past seven years where he was responsible for strengthening BP’s well control […]
More Than Just Pipe Dreams
Market fluctuations are driving OCTG (Oil Country Tubular Goods) companies to diversify. By Paul Wiseman The Oil Patch roller coaster is real for the entire sector; but for companies that rely on steel as a raw material, global politics adds a whole new layer of variables. Such is the case for oil country tubular […]
Drilling Deeper: Riding High
In this month’s collection of articles, the predominance of the Permian Basin continues to figure into any discussion of domestic energy, and even world energy. These are the full versions of the “Drilling Deeper” news items that appeared as abbreviated versions in the print edition of PB Oil and Gas Magazine’s June 2019 issue. Permian […]
Basin Traffic: What’s to Be Done?
By Paul Wiseman There was a wreck on I-20 along my the way to a meeting about road safety. I’m not sure if that’s ironic or just appropriate. Just before I left Midland to head to the quarterly meeting of the recently-formed Permian Basin Road Safety Coalition, I received the following email from them: “Traffic […]
Survey: Breakeven point falls to $50 per barrel for shale oil drilling
A survey by Federal Reserve Bank of Dallas shows that the cost of profitably drilling a shale oil well in the U.S. has fallen to $50 per barrel, “likely ensuring the growth of the onshore shale industry for years to come.” The Houston Chronicle reported, “Led by surging production and efficiency gains in west Texas’ […]
Study shows economic benefits for New Mexico from ExxonMobil operations
ExxonMobil said May 17 a study by Impact Data Source estimates the company’s development of Permian Basin resources in New Mexico will generate about $64 billion in net economic benefits for the state and local communities over the next 40 years. The benefits include thousands of new jobs and increased funding for education, health and […]
Rig count continues decline in Permian Basin and U.S.
The counts of drilling rigs declined for the fifth straight week in Permian Basin and sixth straight week in U.S. as of May 17, according to Baker Hughes. During this decline, the Permian Basin count fell from 464 to 454, and the U.S. count dropped from 1,025 to 987. The Texas count fell in the […]
UPS to use renewable natural gas to power delivery trucks in Texas
UPS said Wednesday it is buying the equivalent of 170 million gallons of renewable natural gas from California-based natural gas provider Clean Energy Fuel Corp. in the next seven years to fuel its delivery trucks in Texas and 12 other states. UPS will have fueling stations in El Paso, Fort Worth and San Antonio. UPS […]
Howard Energy, WPX Energy complete project in Delaware Basin
San Antonio-based Howard Energy Partners and Tulsa-based WPX Energy said May 16 they have completed a majority of their previously-announced crude oil and natural gas gathering and processing infrastructure in Delaware Basin. After startup of the first 200-MMcfd plant last year, Howard recently commissioned and operates this second 200-MMcfd plant as part of its cryogenic […]
Occidental, Canadian company to develop direct air capture plant
Oxy Low Carbon Ventures, a subsidiary of Occidental Petroleum, and Canadian clean energy company Carbon Engineering said Tuesday they will jointly proceed with engineering and design of the world’s largest direct air capture and sequestration facility to be located in the Permian Basin. The companies are developing a facility designed to capture 500 kilotonnes of […]
- « Previous Page
- 1
- …
- 50
- 51
- 52
- 53
- 54
- …
- 98
- Next Page »