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Permian Basin Oil and Gas Magazine

PBOG is the Official Publication of the Permian Basin Petroleum Association and is published monthly by Zachry Publications, LP.

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Pinon Midstream commissions Dark Horse sour gas treating plant

October 21, 2021 by PBOG

Houston-based Pinon Midstream said Oct. 12 that Dark Horse, its greenfield sour gas treating and carbon capture facility, and associated pipelines and infrastructure have been placed into service in Lea County, N.M., in Delaware Basin.  Pinon said initial capacity of 85 million cfd is fully subscribed.  The facility was built to capture and permanently sequester […]

Filed Under: PBOG Newsletter

Odessa’s Saulsbury awarded contract by Pinnacle for Dos Picos plant

October 21, 2021 by PBOG

Odessa-based Saulsbury Industries said Oct. 12 it has started work after being awarded a construction contract to design and install the Dos Picos cryogenic processing facility in Midland Basin for Houston-based Pinnacle Midstream II.  Saulsbury said the facility (capacity 200 million cfd) will be its 60th cryogenic processing facility since 2006, including 22 in west […]

Filed Under: PBOG Newsletter

Project Canary to monitor emissions for Chisholm in Eddy County

October 14, 2021 by PBOG

Fort Worth-based Chisholm Energy said Sept. 29 it contracted with Project Canary of Denver to install real-time air emissions monitoring devices on production facilities in Eddy County.  Chisholm said it’s the first independent exploration and production company in the New Mexico portion of the Delaware Basin to seek independent TrustWell certification of its operations from […]

Filed Under: PBOG Newsletter

Permian, Texas, U.S. add rigs as oil settles above $80 for first time since 2014

October 14, 2021 by PBOG

Permian Basin and Texas continue to add drilling rigs as the price of a barrel of crude oil settled above $80 this week for the first time in seven years.  Baker Hughes said as of Oct. 8 there were 266 rigs in Permian (263 previous week, 130 previous year), 247 rigs in Texas (243 previous […]

Filed Under: PBOG Newsletter

Sentinel, ExxonMobil form joint venture to operate crude oil pipelines

October 14, 2021 by PBOG

Richardson-based Sentinel Midstream said Oct. 4 it will operate two ExxonMobil crude oil pipelines in the Houston area under a new joint venture with subsidiary ExxonMobil Pipeline.  Enercoast Midstream, the joint venture, will provide last-mile links for Permian Basin, Gulf of Mexico and other barrels in the Houston market.  For the JV, ExxonMobil will contribute […]

Filed Under: PBOG Newsletter

Water Energy Services acquires fluid management assets in Texas, NM

October 14, 2021 by PBOG

San Antonio-based Water Energy Services said Sept. 23 it acquired the fluid management and saltwater disposal well assets of Houston-based Key Energy Services.  Water Energy Services provides water logistics, fluid management, oil reclamation, saltwater disposal and water recycling in Permian Basin and Eagle Ford.  Assets acquired include 32 SWDs, frack tanks, transport vehicles and other […]

Filed Under: PBOG Newsletter

Rattler Midstream acquires interest in Midland Basin gas system

October 14, 2021 by PBOG

Rattler Midstream, subsidiary of Midland-based Diamondback Energy, said Monday it invested $104 million to acquire a minority interest in a joint venture that bought a majority interest in a Midland Basin gas gathering and processing company from West Texas Gas.  The assets consist primarily of an interconnected gas gathering system and six major gas processing […]

Filed Under: PBOG Newsletter

Apache ends routine flaring in U.S. onshore operations

October 14, 2021 by PBOG

Houston-based APA Corp. said this week its subsidiary Apache Corp. has ended routine flaring in U.S. onshore operations to achieve one of its ESG goals for 2021 three months early.  Apache midstream company Altus Midstream invested $850 million in two new natural gas pipelines, and Apache made firm transportation commitments for both pipelines to help […]

Filed Under: PBOG Newsletter

Oil and gas lease sale scheduled Nov. 17 for Gulf of Mexico

October 7, 2021 by PBOG

U.S. Bureau of Ocean Energy Management said Sept. 30 it will hold a lease sale Nov. 17 for oil and gas exploration in Gulf of Mexico.  It will include 15,135 blocks from 3 to 231 miles offshore in water depths from 9 to 11,115 feet.  Royalty rates will be 12.5 percent for leases in less […]

Filed Under: PBOG Newsletter

Christian succeeds Craddick as chairman of Texas Railroad Commission

October 7, 2021 by PBOG

Commissioner Wayne Christian last month was elected chairman of the Railroad Commission of Texas to succeed Midland’s Christi Craddick.  “It is my privilege to serve as chairman at a point when our nation’s energy security is under threat by those in the media, the education system and, most of all, the federal government,” Christian said […]

Filed Under: PBOG Newsletter

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