Houston-based NextDecade said April 1 it has entered into a 20-year LNG supply agreement with Shell NA. The agreement with Shell is for two million tonnes per year of liquefied natural gas from NextDecade’s Rio Grande LNG export project (27 million tonnes per year) in Brownsville. NextDecade said the agreement is “the first-ever long-term contract […]
Callon Petroleum sells non-core assets in Midland Basin
Houston-based Callon Petroleum said Monday it has reached agreement to sell certain non-core assets in the Midland Basin for an initial price of $260 million. The assets include Callon’s Ranger operating area in the southern Midland Basin of 9,850 net Wolfcamp acres, more than 80 producing horizontal wells, and 70 net delineated locations. Daily production […]
Texas ends 12 weeks of declining rig counts by adding 8 for 499
A 12-week streak of declining rig counts in Texas ended with Baker Hughes’ April 5 report that the state added 8 in the previous week to reach 499 active rigs. Baker Hughes said rigs also were added in Permian Basin, New Mexico and U.S. in the past week. As of April 5 there were 462 […]
Study of water issues by Drillinginfo, B3 Insight to be released
The first volume of a study of water issues in the Permian Basin is expected to be released to subscribers next month by Drillinginfo, an oilfield data company, and B3 Insight, a water data company. A lack of pipeline infrastructure to move crude oil and natural gas to market was previously considered the primary constraint […]
EagleClaw Midstream begins operations at Pecos Bend IV plant
Midland-based EagleClaw Midstream, a portfolio company of Blackstone Energy Partners and I Squared Capital, said last week it started commissioning its fourth cryogenic processing plant, Pecos Bend IV, with full operation scheduled next month. The completion of Pecos Bend IV will increase EagleClaw’s total interconnected processing capacity in the Delaware Basin to 1.3 Bcfd. EagleClaw […]
Legislature Picks Up Pace
Oil Industry Keeps Watchful Eye on High-Impact Proposals by Julie Anderson As March came to a close, Texas lawmakers had cleared one major hurdle: March 8. The 60th day of the 86th Legislative Session was the deadline for the unrestricted filing of bills and joint resolutions other than local bills, emergency appropriations, and emergency […]
Testing the Waters
Water is the talk of the Basin. Where water goes, or does not go, seems to sway as many decisions as does any other factor. By Jesse Mullins Is it possible that any industry moves faster than the oil and gas industry? When did O&G become a “sand” and “water” industry? Sure, those ingredients […]
Character Matters
The prime mover behind Midland Energy, S. Javaid Anwar, was feted by a full house as the PBPA bestowed its highest lifetime honor, the Top Hand Award, on this deserving recipient. MIDLAND, TEXAS—This year’s year’s Top Hand Award Banquet honoring S. Javaid Anwar of Midland Energy Inc. fetched hundreds of PBPA members and other individuals […]
Determining Legislative Fate
Industry Issues Spread Across Multiple Committees by Julie Anderson On the 45th day of the Regular Session of the Texas Legislature, the Legislative Reference Library published a set of statistics that paints a clear picture of the intrinsic value of legislative committees. As of Feb. 21, the Texas House of Representatives had filed 2,277 bills, […]
Texas, New Mexico Legislatures Underway
PBPA Tracking Industry-Related Issues By Julie Anderson So many issues. So little time. Playing defense here. Coordinating offense there. Monitoring, testifying, convincing. When it comes to the New Mexico and Texas legislative sessions, the game plan is complex partly because the issues are layered, much like the stacked multi-pay zones that permeate the Permian. Wheels […]
- « Previous Page
- 1
- …
- 213
- 214
- 215
- 216
- 217
- …
- 235
- Next Page »