Lubbock-based SitePro, oilfield automation technology company, acquired Integrated Control Solutions, according to the Midland Reporter Telegram, to double the number of sites using technology from either company. David Bateman, chairman and co-CEO, said there are now more than 1,000 sites using the SitePro platform. SitePro was active primarily in exploration and production, and Integrated Control […]
Gradient Energy completes test of equipment for wastewater evaporation
Denver-based wastewater company Gradient Energy Services said Dec. 17 it successfully completed a project to test equipment that uses evaporation to reduce volumes of water that need to be injected underground into disposal sites. Kushal Seth, vice president, told the Houston Chronicle the project conducted on behalf of a “super major” in Permian Basin “proved […]
Permian Basin leads declining rig counts in final week of 2019
Permian Basin led the nation in a declining drilling rig count in the final report of 2019 by Houston-based Baker Hughes. As of Dec. 27, there were 405 active oil and gas rigs in Permian Basin (414 previous week, 486 previous year/down 16.7 percent for year), 404 rigs in Texas (418 previous week, 532 previous […]
Magellan to expand pipeline to west Texas, build terminal in Midland
Tulsa-based Magellan Midstream Partners said Dec. 20 it will expand its pipeline transporting gasoline to Abilene and El Paso in west Texas and on to New Mexico, Arizona and Mexico to 175,000 barrels per day from 100,000 b/d. It’s the western leg of Magellan’s refined products pipeline known as the South system. Magellan also is […]
Primus Green Energy to study gas-to-gasoline plant in Texas
Houston-based Primus Green Energy and an unidentified global petrochemical company awarded a contract to Houston-based IHI E&C International Corp. for a front-end engineering and design study for a first-of-its-kind natural gas-to-gasoline plant in Texas. The proposed plant will consume 28 MMcfd of natural gas to produce 2,800 b/d gasoline. Primus said Dec. 11 the plant […]
Matador to begin drilling in Stateline lease acquired from BLM
Dallas-based Matador Resources received 14 drilling permits for its Stateline asset area in southern Eddy County, N.M., from the Bureau of Land Management. Matador said Dec. 17 it now has 24 permits to drill oil and natural gas wells on federal leasehold it acquired from BLM in its New Mexico lease sale in September 2018. […]
Getting a Lift
“People out here will argue that a rod pump will draw a well down further than any other method of artificial lift,” said Jay Miller, vice president of gas lift for Midland-based Production Lift, “and that is true if the rod pump can be positioned at the true vertical depth of the well.” But the […]
In a Philanthropic Spirit
MIDLAND, TEXAS—In a special event hosted by the Association of Fundraising Professionals / Permian Basin chapter, a select group of philanthropic-minded folks were feted at the Petroleum Club in this city on Nov. 19. This “National Philanthropy Day” celebration recognized deserving individuals and groups who have generously bettered their communities and their fellow human beings. […]
In Session: 2021
The Texas Legislature meets in a regular session every two years, convening on the second Tuesday in January of every odd-numbered year. These biennial sessions are limited to 140 days. The governor has the authority to call special sessions as necessary, which cannot exceed 30 days. The 87th Texas Legislature is set to meet January […]
U.S. crude oil production growth slows to 30,000 barrels per day in January
Crude oil production leader Permian Basin is expected to add an additional 48,000 barrels of production per day next month to reach 4.742 million barrels of crude oil per day, according to the drilling productivity report of Dec. 16 for seven major regions by the U.S. Energy Information Administration. Because of contractions in most other […]
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