Baker Hughes’ count of active drilling rigs in U.S. declined by 62 rigs in the past week (9.3 percent) to 602 as of April 9. That’s the lowest since there were 597 rigs in December 2016 (664 a week ago, 1,022 a year ago, 1,083 to start 2019). Also in the past week, Permian Basin’s […]

Irving-based ExxonMobil said April 9 it is conducting field trials at nearly 1,000 sites in Permian Basin of eight emerging methane detection technologies, including satellite and aerial surveillance, to further reduce methane emissions. The tests in Texas and New Mexico are evaluating effectiveness and scalability of next-generation detection technologies, including drones, planes, helicopters, and ground-based […]

Double E pipeline, designed to deliver natural gas from northern Delaware Basin to Waha hub in west Texas, recently received a favorable environmental assessment from Federal Energy Regulatory Commission. FERC said the project will not significantly affect the human environment. The 135-mile pipeline is jointly owned by subsidiaries of Summit Midstream Partners (70 percent) and […]

Texas Commission on Environmental Quality issued an air quality permit during an online meeting Wednesday for construction of the $4.5 billion Annova LNG export terminal at Port of Brownsville. Federal officials had issued a permit in November 2019. Annova LNG is designed for capacity of 6.5 million tonnes per year and will cater to mid-scale […]

Houston Chronicle said last week that declining crude oil prices could cost a fund that supports 21 members of systems of University of Texas and Texas A&M University at least $300 million. University Lands, state-operated company that oversees oil leases on land owned by the state, expects to send $700 million to the Permanent University […]

About 40 oil and gas companies and seven organizations, including Permian Basin Petroleum Association, said March 31 they formed a coalition to address flaring and methane emissions. The companies in Texas Methane and Flaring Coalition are responsible for about 80 percent of the state’s oil production. The coalition will work to improve data quality, explain […]

Oil and gas drillers across the U.S. have idled 108 rigs in the last two weeks, including 54 in Permian Basin and 59 in Texas, according to the weekly report of April 3 by Houston-based oilfield services firm Baker Hughes. Permian Basin lost 31 rigs in the latest week for a new total of 351 […]