MMEX Resources of Fort Stockton has completed product sales for its proposed crude oil refinery complex in Pecos County. Jack W. Hanks, president and CEO, said July 1 that the company signed an agreement to sell naphtha to an international energy and trading company for delivery by rail to Texas Gulf Coast refinery and petrochemical […]
Texas, Permian Basin add rigs in Baker Hughes weekly report
The weekly counts of active oil and gas drilling rigs from Houston-based oilfield services firm Baker Hughes posted modest gains in Permian Basin and Texas as of June 28. Since the previous week, there were 2 additional rigs in Permian Basin to increase to 441 (474 a year ago), and 1 new rig in Texas […]
Philadelphia firm EDGE begins on-site LNG production
Philadelphia-based EDGE LNG expects to begin within six months operation of mobile LNG units in Permian Basin. EDGE said June 18 it began on-well-site LNG production May 7 accessing Marcellus gas in Pennsylvania and making truck deliveries of LNG sales to its first customers. The company deploys transportable Cryobox LNG production and liquefaction equipment by […]
Cogent Midstream to construct pipeline from Big Lake plant to GCX
Dallas-based Cogent Midstream said this week it will construct a 25-mile pipeline to deliver residue gas from its Big Lake natural gas processing complex in Reagan County to Kinder Morgan’s Gulf Coast Express pipeline. The 20-inch pipeline is expected to cross proposed Permian Highway and Whistler pipelines and begin service in 2019Q4. Capacity will be […]