Permian Basin
News
November 08, 2018
Oilfield Helping Hands (OHH), a non-profit organization that helps oilfield families in financial crisis, will hold its first Permian Basin Chapter meeting under new leadership.
News
November 07, 2018
The oil fields of West Texas don’t sit still for long.
News
November 05, 2018
Halliburton expects bottlenecks in America’s busiest oil field to be relieved by the end of next year.
News
November 02, 2018
Exxon Mobil delivered its strongest third quarter in four years with a 57% jump in profit, halting a series of disappointing results.
News
October 24, 2018
Endeavor Energy Resources LP, the largest privately held oil producer in the Permian basin, is weighing a sale after receiving takeover interest from major energy explorers, according to people familiar with the matter.
News
October 19, 2018
JupiterMLP has secured funding from Charon System Advisors to build a 1 MMbpd oil pipeline from the Permian basin to the Port of Brownsville, Texas.
News
October 17, 2018
There’s a new kind of oil coming out of West Texas.
News
October 17, 2018
Clariant has announced the inauguration of a new state-of-the-art laboratory at its facility in Midland, Texas.
News
October 15, 2018
McDermott International, Inc. has announced a sizeable* contract award for CB&I Storage Tanks for the engineering, procurement, fabrication and construction of three external floating-roof tanks in Taft, Texas.
News
October 09, 2018
Oil producers in the Permian basin and elsewhere could soon find themselves facing the oilfield equivalent of trying to walk up the down escalator.
News
October 05, 2018
The developer of the private equity-backed EPIC natural gas liquids pipeline will temporarily convert the conduit to carry crude oil as bottlenecks in America’s hottest shale play threaten to curtail production.
News
October 01, 2018
America’s fastest-growing source of energy has a power problem.
News
September 14, 2018
Matador Resources was the anonymous purchaser of drilling rights in the Permian that fetched a record $95,001/acre.
News
September 07, 2018
The price to access unexplored shale assets on the New Mexico side of the Permian basin soared to $95,001 an acre in a federal government auction, a record high for North America’s biggest oil field.
News
September 04, 2018
The dramatic increase in both the quantity of horizontal laterals and their length—often beyond 10,000 ft—has led companies to use high-capacity coiled tubing units for well completion and intervention work.
News
August 29, 2018
In West Texas, home to America’s most prolific oil play, the problem isn’t too little water, it’s too much of it.
News
August 15, 2018
Diamondback Energy’s agreement to buy Energen in an $8.4 billion all-stock deal launches Permian buying spree that should shake up the U.S. shale industry.
News
August 02, 2018
It’s called micro LNG, and the concept is simple. By super-cooling natural gas, they can pack three times more of it into a truck, which may help the Permian basin deal with its growing gas excess.
News
August 01, 2018
The Permian Basin continues to be a hotbed of drilling activity, bolstering North American output to record levels.
News
August 01, 2018
Encana Corp., which produces oil and natural gas in Canada and the U.S., reported a better-than expected second-quarter profit as output expanded amid “robust prices,” with a premium for Permian crude.
News
July 31, 2018
BP reported a small and unusual loss from oil trading after being caught on the wrong side of Permian basin pipeline bottlenecks that prompted gyrations in U.S. crude prices this year.
