The annual expo and trade show of Texas Alliance of Energy Producers will be held next week in Wichita Falls.  The two-day event April 13-14 will conclude Tuesday at the multi-purpose events center with a luncheon featuring Senator Kevin Sparks (R-Midland), a member of Texas’ Senate natural resources committee.  He assumed office in January 2023. […]

Bloomberg reported last week that Oklahoma City-based Continental Resources was the first prominent U.S. oil producer to publicly say it will ramp up production as the U.S.-Israeli war continues in Iran.  CEO Doug Lawler told Bloomberg Friday, “Continental is increasing our capital budget, which will increase production.”  Crude oil prices are their highest in four […]

Texas’ taskforce on petroleum theft met Thursday in Midland in its second quarterly meeting since it launched during the 89th session of the Texas legislature in 2025.  For its first report to the legislature due in December, the taskforce is divided into four subcommittees:  background and history, laws and regulations, economic analysis and impact, and […]

Pasadena, Calif.-based Sunvapor, developer of low-carbon industrial process plants, and Southeast New Mexico College in Carlsbad recently launched joint operations of the nation’s first solar desalination facility at a commercial saltwater disposal well.  The well 10 miles southeast of Carlsbad is operated by NGL Water Solutions Permian, the largest produced water management company in the […]

The 2006 Permian Basin Water in Energy conference will be conducted next week in Midland.  Keynote speakers in the conference April 7-9 at UTPB and Bush Convention Center will include Maynard Holt, CEO of research firm Veriten; Nick Moriss, vice president of Natura Resources; Billy Murphy, CEO of University Lands; and Ray Perryman, CEO of […]

Midland-based Vision Oil and Gas recently said it is expanding its operations in Permian Basin and Anadarko Basin in Mid Continent.  Vision is acquiring 114 wells in Cochran, Mitchell, Reeves, Reagan and Ward counties in west Texas and 320 wells in Anadarko in six transactions.  Vision said it’s “the first substantial play for the company […]

Counts of active oil and gas drilling rigs declined in the past week in Permian Basin, Texas and U.S.  Baker Hughes said in its weekly report of March 27 there were 543 rigs in U.S. – down 9 in the past week and down 49 or 8.28 percent from 592 of a year ago.  The […]

Scott Sheffield, former chairman, CEO and founder of Pioneer Natural Resources, received the inaugural TIPRO Energy Icon Award at the 80th annual convention of Texas Independent Producers and Royalty Owners Association today in Houston.  TIPRO said, “His role in the shale revolution didn’t just boost an industry.  It helped to secure American energy independence.” Sheffield’s […]