Christi Craddick, chair of the Railroad Commission of Texas, and Missi Currier, president and CEO of the New Mexico Oil and Gas Association, were among the featured speakers recently at the annual meeting of Permian Basin Petroleum Association.  Craddick (R-Midland) spoke at the PBPA luncheon Sept. 17 in Midland. Craddick said during the upcoming 90th […]

Calgary-based TC Energy said recently it agreed to sell Energia Occidente de Mexico, the entity that owns the Guadalajara-Manzanillo pipeline, to affiliates of Esentia Energy Development for $400 million.  Hart Energy said the deal will give Esentia the only integrated, private natural gas system from Permian Basin into central Mexico and out to the Port […]

A public forum on proposals to treat and reuse oilfield produced water to help restore flows in the Pecos River is scheduled Friday, Oct. 2, at Iraan Civic Center.  The forum will be conducted by Friends of the Pecos River and Texas Produced Water Consortium.  Ranchers, landowners, hunters, government officials and other interested residents are […]

Abilene-based SoftVest, significant unitholder in Permian Basin Royalty Trust, and Fort Worth-based Blackbeard Holdings said recently they will combine the trust and certain oil and natural gas mineral interests and land operations owned by Blackbeard.  Their announcement said the combination, PBT Land and Minerals, is valued at about $2.2 billion.  Closing is expected in second […]

Texas’ streak of adding drilling rigs came to an end after seven weeks with its report of a decline of 1 to 283 active rigs last week.  Baker Hughes said as of Sept. 18 in the past year Texas added 41 rigs or 16.94 percent from 242. Permian Basin reported 1 additional rig in the […]

Houston-based Cheniere Energy completed its Corpus Christi liquefaction stage 3 project Aug. 28 after taking custody and control of the seventh and last liquefied natural gas train in the project.  CCL stage 3 is part of the Corpus Christi LNG terminal in San Patricio County.  The additional capacity expands the total nominal capacity of the […]

U.S. and Texas each added jobs in energy services in August for the second consecutive month.  Data from Houston-based Energy Workforce and Technology Council and U.S. Bureau of Labor Statistics for August show 629,827 jobs in U.S. energy services, including 306,915 in Texas.  That compares to 628,136 jobs in U.S. and 306,091 in Texas in […]

Texas added drilling rigs for the fifth straight week, according to Baker Hughes’ weekly report of Aug. 28, while Permian Basin reported 267 rigs for the second week after four weeks of gains. Texas has 282 rigs (up 1 in past week, up 41 or 17.01 percent in past year), and Permian’s count is up […]

Six people, including three officers from Forney-based Vallee Oil and Gas, were arrested Aug. 12 on state charges including felony oil theft, money laundering and organized crime, according to Houston Chronicle. Increases in oilfield theft led to major regulatory reform last year and the creation of a Railroad Commission of Texas task force. Chronicle said […]