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Category: Oil & Gas News

Construction to begin soon on Enel’s $1 billion solar panel plant in Oklahoma

August 31, 2023 Author: phinds Category: Oil & Gas News

Construction on Enel North America’s more than $1 billion solar cell and panel manufacturing plant in northeast Oklahoma is expected to get underway in the next few months.

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Permian Basin contributes $181.8 billion in GDP

August 31, 2023 Author: phinds Category: Oil & Gas News

The Perryman Group projected the Permian Basin to generate $325 billion in gross product and provide more than 1,200,000 jobs for the nation’s economy by 2050.

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Endeavor has achieved an incredible company milestone: 400,000 gross operated barrels

August 30, 2023 Author: phinds Category: Oil & Gas News

Team Endeavor has achieved an incredible company milestone: 400,000 gross operated barrels of oil equivalent per day!

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EagleRidge approved for 52 mile pipeline expansion Barnett Shale

August 29, 2023 Author: phinds Category: Oil & Gas News

EagleRidge Energy (ERE) is a Dallas-based operator focused in the Barnett Shale. ERE is engaged in the exploration and production of onshore natural gas properties approved for pipeline addition permit (T09402) adding 52 miles to an existing pipeline in the Barnett Shale

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ProFrac unit defeats Halliburton patent lawsuit over electric fracking tech at trial

August 29, 2023 Author: phinds Category: Oil & Gas News

The jury in Waco, Texas, agreed with ProFrac’s U.S. Well Services that the company’s “Clean Fleet” technology did not work in the same way as Halliburton’s patented technology for electric fracking, or “e-frac,” which has a smaller carbon footprint than traditional fracking.

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Brazos Midstream new air permit approved for a compressor station – MARTIN County

August 28, 2023 Author: phinds Category: Oil & Gas News

Under the legal name Permian Gathering, Brazos was approved by the TCEQ for a new air permit (RN111798047) for a new facility names TRUE GRIT COMPRESSOR STATION.

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Rio Grande LNG

August 28, 2023 Author: phinds Category: Oil & Gas News

NextDecade has made a positive final investment decision (FID) to construct the first three liquefaction trains (Phase 1) at Rio Grande LNG in Brownsville, Texas.

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Permian Shale Drilling Shrinks at Fastest Pace in Three Years

August 26, 2023 Author: phinds Category: Oil & Gas News

Rigs targeting both crude and natural gas in the West Texas and southeast New Mexico region declined by 7 to 320 this week, according to data released Friday by Baker Hughes Co. It’s the biggest weekly drop in the Permian since June 2020.

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New Mexico –  Oil and gas revenue makes up roughly 40% of the state general fund

August 25, 2023 Author: phinds Category: Oil & Gas News

Oil production in New Mexico hit a record high in a recent 12-month period, according to state economists, with even steeper heights expected in the coming years.

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Crescent Point Announces Sale of its North Dakota Assets

August 24, 2023 Author: phinds Category: Oil & Gas News

Crescent Point has agreed to sell its North Dakota assets to a private operator for US$500 million (approximately $675 million) in cash.

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