Railroad Commission of Texas requested an additional $100 million in emergency funding from the state to address the issue of leaking and erupting wells in Texas’ oil fields. Houston Chronicle and Texas Tribune reported after the commission submitted its annual budget request in August, executive director Danny Sorrell sent a letter in October to Lt. […]
Iron Oak Energy formed by merger of Covia Energy and Black Mountain Sand
Houston-based Covia Energy and Black Mountain Sand said last week they will merge in an all-stock transaction. The combined company will operate under the name Iron Oak Energy Solutions as a leading proppant supplier in North America with annual production of 30 million tons of sand. Assets include sand mines in Permian Basin and Eagle […]
Remember a Veteran on Veteran’s Day
Veterans Day falls on Nov. 11th. As I pondered how to commemorate this occasion, it occurred to me that one way is simply to tell a veteran’s story. If the desire is to honor veterans in general, then seeing one doing his sacrificial duty for his country is a good way to remind us of […]
Railroad Commission’s digital library reaches 83.4 million oil and gas records
Railroad Commission of Texas said last week it now has 83.4 million oil and gas digital records that can be search and viewed online. That includes 15 million records digitized in the past year as part of the commission’s goal to increase transparency and make information held by the agency available to the public. The […]
Midland’s BCCK, Carbon Clean to collaborate on carbon capture projects
UK-based Carbon Clean and Midland-based BCCK have signed an agreement to provide Carbon Clean’s semi-modular CaptureX technology to customers across the U.S. Priority sectors include oil and gas production, gas processing, air separation, power generation, landfill gas, biogas and hydrogen. CaptureX is a cost-effective alternative to open-plant construction. The combination of BCCK’s experience in gas […]
Permian Basin contributes to Chevron’s record production in 3Q
San Ramon-based Chevron said its company’s net oil-equivalent production for third quarter increased 7 percent from last year as U.S. and Permian Basin production set quarterly records. U.S. net boed was up 198,000 barrels per day to 1.605 million boed in 2024Q3 from 1.407 million boed from 2023Q3. Chevron said the U.S. production record was […]
Oil production reaches records of 13.4 million b/d in U.S., 5.8 million b/d in Texas
U.S. Energy Information Agency said last week crude oil production in U.S. increased to a record 13.401 million barrels per day in August. That includes a record 5.818 million b/d in Texas – 1.7 percent above the previous month. And EIA said Oct. 31 production in New Mexico also was a record of 2.092 million […]
Permian People November 2024
The November edition of the hirings, promotions, and other personnel matters in the nation’s biggest oil patch—or in companies who do business here. Denver, Colo.-based SM Energy hired Beth McDonald, former Pioneer Natural Resources executive, as its new Executive Vice President and Chief Operating Officer, effective Sept. 9. McDonald has 23 years of experience […]
CO2 Conference
A huge percentage of horizontal wells are non-commercial in 10-15 years. What do you do next to preserve your asset? Consider CO2 storage, EOR and produced water. When industrial sources capture their CO2 emissions, the emissions and excess water need a place to go. Depleted reservoirs like yours need a future. That’s a perfect marriage: […]
‘Undisputed energy leader’ Texas adds 1,700 upstream jobs in September
Texas Workforce Commission and Texas Oil and Gas Association recently said the oil and gas industry’s upstream sector grew by 1,700 jobs in September. There have been 14,300 upstream jobs added to date this year. Since its low point in September 2020 during the covid19 pandemic, the industry has added or recovered 53,700 upstream jobs […]