Texas and Permian Basin again were the loss leaders in Baker Hughes’ weekly report of active oil and gas drilling rigs as of Sept. 29.  Texas’ count fell by 8 in the past week to 304 (360 year ago), and the count in the Permian Basin fell by 5 to 312 (344 year ago).  Also, […]

Houston-based TGS, global provider of energy data and intelligence, announced last week a northern extension of its Pontiac 3D survey in Midland Basin.  The extension increases the Pontiac 3D from 167 square miles to 267 square miles in Crane, Ector, Midland and Upton counties.  The extension sits on the western edge of the Midland Basin […]

Dallas-based LM Energy Holdings said last week it agreed to sell certain subsidiaries and assets of its Touchdown crude oil gathering system in Eddy and Lea counties in Permian Basin.  The transaction with an undisclosed buyer is expected to close in 4Q and allows LM Energy to focus on its natural gas gathering systems in […]

Officials from Permian operator Occidental Petroleum recently said their decision to use a methane emissions management system from SensorUp “aligns with Oxy’s net zero targets and helps advance our low carbon business objectives.”  Calgary-based SensorUp developed its gas emissions management solution (GEMS), a data integration platform for methane leak detection and repair, measurement reconciliation, reporting […]

Four projects, including an expansion at Port Arthur LNG in Jefferson County by Sempra Infrastructure, received authorization Sept. 21 from U.S. Federal Energy Regulatory Commission.  Sempra may proceed with expansion of 13.5 million metric tons per year for Phase 2 for liquefaction trains 3 and 4 to double the plant’s capacity.  FERC also approved Texas […]

Milestone Carbon, a subsidiary of Houston-based Milestone Environmental Services, said Tuesday it will develop a carbon dioxide sequestration hub in Midland and Upton counties in southwestern Midland Basin.  Milestone acquired rights to more than 10,000 acres of land and pore space “for permanent sequestration and storage of CO2.”  The site “has the potential to support […]

Texas Alliance of Energy Producers will conduct its 2023 annual conference next week at Hotel Drover in Fort Worth.  Speakers Oct. 4-5 will include U.S. representative Chip Roy (R-Texas) of Austin, commissioner Jim Wright from the Railroad Commission of Texas, Rusty Smith from Texas Produced Water Consortium, Lee Fuller from Independent Petroleum Association of America, […]

Permian Basin Petroleum Association will conduct its 2023 annual meeting this week at Permian Basin Petroleum Museum and Petroleum Club of Midland.  Speakers at the event Wednesday and Thursday will include state representatives Tom Craddick of Midland, Drew Darby of San Angelo and Brooks Landgraf of Odessa, Robert Crain of Texas Pacific Water Resources, and […]

Permian Basin, Texas, New Mexico and U.S. posted declines in counts of active drilling rigs in the past week, according to Baker Hughes.  Texas’ loss of 5 rigs was the largest among major producing states – none of whom posted a gain in the past week.  Texas’ count of 312 as of Sept. 22 is […]

Production of crude oil in Permian Basin is forecast to decline again in October, according to the latest drilling productivity report from U.S. Energy Information Administration.  EIA said Sept. 18 oil production in Permian will be down by 26 million barrels per day to 5.773 million b/d in October from 5.799 million b/d in September.  […]