One proposed pipeline looks “in,” another looks “out,” and Pioneer hits big with a Martin County well. Centurion Pipeline, subsidiary of Occidental Petroleum Co., announced an open season to solicit shipper commitments to a proposed Cline Shale pipeline system. Customers interested in transporting crude oil from Irion, Sterling, Coke, Tom Green, and Mitchell counties to […]
News Reviews: Making a Mark
The industry recognizes an innovator; China enters the Wolfcamp; regulators held accountable; and another oil company picks up stakes for the Cline. Mora County in northeastern New Mexico became the first county in the U.S. to pass an ordinance banning hydraulic fracturing. The Los Angeles Times reported that all residents in Mora County depend on […]
News Reviews – May 2013
The Texas Railroad Commission adopted new rules March 26 to encourage Texas operators to continue their efforts to conserve water used in hydraulic fracturing for oil and gas even though hydraulic fracturing and total mining use account for less than one percent of statewide water use. The state’s top three water consumers are irrigation, municipalities, […]
News Reviews – April 2013
Tim Rochford is taking over as chairman, Kelly Hoffman is CEO, and David Fowler is now president of Ring Energy, which is reorganizing its management and relocating its headquarters to Midland from Tulsa. The Tulsa World reported that Ring Energy, which focuses on drilling properties in West Texas and Kansas, last summer acquired Stanford Energy, […]
News Reviews
Plains All-America Pipeline has completed or is completing several new pipeline projects in the Permian Basin designed to help producers in midstream operations. The pipelines serve the Bone Spring, Spraberry, and Wolfberry areas in nine counties at a cost to build of $135 million. “These projects provide additional pipeline gathering capacity in areas with significant […]
News Reviews
Offshore operator reports show that personnel were evacuated from 21 production platforms (3.5 percent of the manned platforms in the Gulf) and 2 rigs (2.6 percent) during Hurricane Isaac in late August, according to the Oil and Gas Journal. About 1.3 million b/d of production was offline at the height of the storm. The Journal […]
News Reviews
George P. Mitchell, who in the 1990s as the wildcatting boss of Mitchell Energy and Development pioneered hydraulic fracturing, favors more government regulation of fracking. “The administration is trying to tighten controls,” he told Forbes. “I think it’s a good idea. They should have very strict controls. The Department of Energy should do it.” Mitchell […]
News Reviews
Across the United States, there’s “a growing understanding of how to use the technology to get at the resources.” Domestic crude oil production in the U.S. averaged more than six million bbl/d for the first quarter of 2012 for the first time since 1998. The U.S. Energy Information Administration attributed the milestone to growth of […]
News Reviews
Barry Smitherman, chairman of the Texas Railroad Commission, testified in Washington, D.C., June 6 before the Energy and Commerce Committee of the U.S. House of Representatives about how some federal policies of the U.S. Environmental Protection Agency are “misguided and detrimental” to energy production in Texas. “Mr. [Al] Armendariz’ agenda was seemingly politically driven and […]
News Reviews
Ripple Effects As the wider public gets a fuller appreciation for the Permian’s productivity, estimates keep climbing, boom towns keep booming, and export prospects pick up traction. Scott Sheffield says Wall Street never loved the Spraberry, a large oil field in six counties of west Texas, until three or four years ago. But at the […]