A recent quarterly lease sale for Texas, New Mexico and Oklahoma by U.S. Bureau of Land Management resulted in total receipts of $139,021,741 for the federal government and the states where parcels are located.  BLM said the Aug. 20 sale “is the latest in a series of successful sales in New Mexico, underscoring strong industry […]

Texas’ count of active oil and gas drilling rigs declined for the second straight week while the U.S. count increased for the third straight week.  Houston-based services firm Baker Hughes said as of Sept. 25 there were 281 rigs in Texas (down 2 in the past week, up 35 or 14.23 percent from 246 in […]

Colorado recently became the first state in the nation to fully adopt the existing methane standards of the U.S. Environmental Protection Agency.  The state’s Air Quality Control Commission in the Department of Public Health and Environment voted unanimously Sept. 18 to adopt new standards for oil and gas operators under the 2024 EPA methane rules. […]

New Mexico Oil and Gas Association will conduct its annual meeting Oct. 5-7 in Santa Fe.  Among topics on the agenda will be NMOGA public outreach, legislative updates and regulatory issues.  Speakers will include Kate MacGregor, deputy secretary of the U.S. Department of the Interior; EPA Region VI director Scott Mason; and Stevan Pearce, director […]

Christi Craddick, chair of the Railroad Commission of Texas, and Missi Currier, president and CEO of the New Mexico Oil and Gas Association, were among the featured speakers recently at the annual meeting of Permian Basin Petroleum Association.  Craddick (R-Midland) spoke at the PBPA luncheon Sept. 17 in Midland. Craddick said during the upcoming 90th […]

Calgary-based TC Energy said recently it agreed to sell Energia Occidente de Mexico, the entity that owns the Guadalajara-Manzanillo pipeline, to affiliates of Esentia Energy Development for $400 million.  Hart Energy said the deal will give Esentia the only integrated, private natural gas system from Permian Basin into central Mexico and out to the Port […]

A public forum on proposals to treat and reuse oilfield produced water to help restore flows in the Pecos River is scheduled Friday, Oct. 2, at Iraan Civic Center.  The forum will be conducted by Friends of the Pecos River and Texas Produced Water Consortium.  Ranchers, landowners, hunters, government officials and other interested residents are […]

Abilene-based SoftVest, significant unitholder in Permian Basin Royalty Trust, and Fort Worth-based Blackbeard Holdings said recently they will combine the trust and certain oil and natural gas mineral interests and land operations owned by Blackbeard.  Their announcement said the combination, PBT Land and Minerals, is valued at about $2.2 billion.  Closing is expected in second […]

Texas’ streak of adding drilling rigs came to an end after seven weeks with its report of a decline of 1 to 283 active rigs last week.  Baker Hughes said as of Sept. 18 in the past year Texas added 41 rigs or 16.94 percent from 242. Permian Basin reported 1 additional rig in the […]

Houston-based Cheniere Energy completed its Corpus Christi liquefaction stage 3 project Aug. 28 after taking custody and control of the seventh and last liquefied natural gas train in the project.  CCL stage 3 is part of the Corpus Christi LNG terminal in San Patricio County.  The additional capacity expands the total nominal capacity of the […]