Cheniere Energy, nation’s biggest producer of LNG, received requests to cancel as many as 30 cargoes due for loading in July from buyers with long-term supply contracts, including shipments from Texas ports Sabine Pass and Corpus Christi. Bloomberg said Cheniere may also cancel some of its own cargoes that it sells in the spot market. […]
EOG Resources takes lead in drilling permits filed in Texas
Houston-based EOG Resources resumed its status as No. 1 driller in Texas, according to a report this week in Houston Chronicle. EOG has filed 175 drilling permits with the Railroad Commission of Texas to date to overtake ExxonMobil (105). Midland’s Diamondback Energy (151) and Irving-based Pioneer Natural Resources (144) also have overtaken Exxon followed by […]
H2S: Subtle But Deadly
Greetings and salutations my fellow safety enthusiasts. Another day and another dollar, if the oil price goes back up, lol. We’ve been through downturns before, and in all likelihood we will go through it again. I think this is the 7th downturn that I’ve experienced in my short 49 years in the Patch—give or take […]
Belting It Out
A 16.6-mile-long covered conveyor belt system would bring sand for hydraulic fracturing from West Texas into Southeast New Mexico, according to a development plan written by OLC Kermit, LLC, a subsidiary of Atlas Sand Company, LLC. The plan was submitted in January to the Bureau of Land Management (BLM) Carlsbad Field Office as part of […]
EOG Resources to reduce 2020 drilling, production forecast
Houston-based EOG Resources, in its May 7 announcement of first quarter results, said it reduced rigs in the last six weeks from 36 to 8 and will have an average of 6 rigs for the remainder of 2020. EOG in 2020 will focus drilling in Permian Basin and Eagle Ford, produce about 390,000 b/d of […]
Texas LNG receives TCEQ permit for export terminal
Houston-based Texas LNG received a state permit last week for its proposed export terminal at Port of Brownsville. Houston Chronicle said the permit received May 6 from Texas Commission on Environmental Quality had “stricter air pollution standards than the company had previously proposed.” The permit authorizes Texas LNG to produce up to four million metric […]
Wheat Energy Partners files permits for first projects in Reeves County
Fort Worth-based Wheat Energy Partners, founded in 2018, filed permits to drill its first projects in Delaware Basin. Houston Chronicle said Wheat Energy filed permits with Railroad Commission of Texas for four horizontal wells in Reeves County targeting Wolfcamp to total depth of 14,000 feet. The Chronicle said Wheat Energy “is choosing to drill its […]
The Ones in the Middle
With the slowdown in drilling due to several issues, including quarantines related to the coronavirus, combined with frantic construction of pipelines over the last four years, pipeline shortages may soon be over. A trade agreement with China, which had promised to jumpstart petroleum exports to that country, has been dampened by that same virus due […]
Commission allows temporary storage of oil in other underground places
Railroad Commission of Texas voted at its meeting this week to allow companies to store crude oil underground in places other than salt caverns. “This order does not suspend any rule that protects public safety, health or the prevention of pollution,” chairman Wayne Christian said Tuesday. Associated Press said the new rule, proposed by the […]
Commission asks oil recovery task force to study flaring
Railroad Commission of Texas, at its meeting this week, asked the recently-appointed task force on economic recovery to study flaring. “Flaring is an ongoing problem for the oil and gas industry,” chairman Wayne Christian said Tuesday. “The problem of flaring and its perception has caused a lot of financial problems. The issue is not going […]
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