http://www.worldoil.com WorldOil Liberty Oilfield Services puts Schlumberger tech in its yards, Halliburton in its crosshairs https://www.worldoil.com/news/2020/9/3/liberty-oilfield-services-puts-schlumberger-tech-in-its-yards-halliburton-in-its-crosshairs “Customer demand has told us to grow at this pace, and then deals like this come to us,” Liberty CEO Chris Wright said in an interview after the deal was announced on Tuesday. “Our goal with this acquisition is to keep getting better, but to the extent we succeed at that, it probably leads to us being the leader sometime down the road.” Texas oil regulator stands by to assist with Laura-related leaks or spills https://www.worldoil.com/news/2020/8/27/texas-oil-regulator-stands-by-to-assist-with-laura-related-leaks-or-spills Inspectors are ready to respond to reports of leaks or spills or other issues in oil and gas operations, pipelines, natural gas utilities, liquified petroleum gas (LP-gas), and coal and uranium surface mining operations. ShaleTech: Eagle Ford–Austin Chalk Shales https://www.worldoil.com/magazine/2020/august-2020/features/shaletech-eagle-ford-austin-chalk-shales “Cheap drilling,” but very few takers Texas oil regulators update rules to limit gas flaring https://www.worldoil.com/news/2020/8/5/texas-oil-regulators-update-rules-to-limit-gas-flaring While the amount of gas produced in Texas declined by 13 percent from June 2019 to May 2020, the portion of produced gas that was flared dropped even more sharply by 79% during that same time period. After brutal slide in state’s upstream sector, Texas Alliance looks toward market bottoming out https://www.worldoil.com/news/2020/7/30/after-brutal-slide-in-state-s-upstream-sector-texas-alliance-looks-toward-market-bottoming-out During second-quarter 2020, COVID-19, as a global economic event, laid waste to energy markets, and due to the resulting economic lockdown and deep contraction in energy demand, “dealt a gut-punch to the Texas oil and gas industry, which continues midway through the year.” That is the assessment of the Texas Alliance of Energy Producers, and it is borne out by the numbers coming from the association’s Texas Petro Index. Texas issued nearly 69% fewer drilling permits in June 2020 than in year prior https://www.worldoil.com/news/2020/7/6/texas-issued-nearly-69-fewer-drilling-permits-in-june-2020-than-in-year-prior The Railroad Commission of Texas issued a total of 312 original drilling permits in June 2020 compared to 1,001 in June 2019. The June 2020 total includes 262 permits to drill new oil or gas wells, three to re-enter plugged well bores and 21 for re-completions of existing well bores. Shale oil production may take years to recover, despite a short-term uptick https://www.worldoil.com/news/2020/6/24/shale-oil-production-may-take-years-to-recover-despite-a-short-term-uptick Looking out 18 months, U.S. output will still be around 16% below its peak in February, according to an average of surveys from the IEA, Genscape, Enervus, Rystad and IHS Markit. It will probably be at least 2023 before the U.S. again hits its record close to 13 million barrels a day. Texas oil regulator pursuing plan to reduce gas flaring https://www.worldoil.com/news/2020/6/16/texas-oil-regulator-pursuing-plan-to-reduce-gas-flaring On June 16th, the Railroad Commission of Texas heard from the state's oil and gas trade associations, environmental advocacy groups, and several oil and gas producers about the issue of flaring and how Texas can implement meaningful reforms to reduce flaring before oil and gas activity returns to previous highs. Texas Alliance working with DOE to solve key energy issues https://www.worldoil.com/magazine/2020/may-2020/features/texas-alliance-working-with-doe-to-solve-key-energy-issues The Texas Alliance of Energy Producers held a virtual meeting on May 20 to provide its members, and invited guests, an update on problem issues that the association is working to solve. Texas issues 50% fewer drilling permits in April 2020 versus one year ago https://www.worldoil.com/news/2020/5/12/texas-issues-50-fewer-drilling-permits-in-april-2020-versus-one-year-ago The Railroad Commission of Texas issued a total of 456 original drilling permits in April 2020 compared to 909 in April 2019.