Permian Basin ///

Water management

Mark Patton, Hydrozonix

Time for a reality check

Pioneer asks senior management to consider retirement, sells assets

Pioneer Natural Resources Co. is asking one-third of its senior managers to retire as the Texas shale oil driller shrinks spending, sells assets and raises dividends.

Saudi Arabia’s TAQA announces North American Investment, acquisition plans

Saudi Arabia’s Industrialization and Energy Services Company (TAQA) plans to acquire two companies in the North American oilfield services technology and manufacturing sectors by the end of the year.

Activist stakeholder pushes for Carrizo sale

Activist investor Lion Point Capital has built a position in Carrizo Oil & Gas Inc. and wants the driller to explore a sale or merger with another Permian explorer to gain scale.

Activist investor urges Carrizo Oil & Gas to sell

Activist investor Lion Point Capital has built a position in Carrizo Oil & Gas Inc. and wants the driller to explore a sale or merger with another Permian explorer to gain scale.

Lessons from big oil earnings, first quarter 2019

Big Oil had a mixed first quarter, showing continued recovery from the biggest downturn in a generation, but chinks in their armor against the onslaught of volatile markets.

In America's oil boomtown, they don't talk of busts anymore

Jerry Morales, mayor of Midland, Texas, the unofficial capital of the Permian basin, has a chance to break from the boom and bust pattern.

Permian water company Solaris says it's closing in on new deal

Solaris is closing in on water deals with other companies as explorers increasingly outsource one of the key components of fracing.

Chevron's mega-deal proves U.S. energy powerhouse

Amidst the world's focus on climate change and transition to natural gas, the world’s biggest energy companies are focusing on where it all began: American oil.

Permian's flaring rises by 85% as oil boom continues

The Permian Basin has produced so much natural gas that by the end of 2018 producers were burning off more than enough of the fuel to meet residential demand across Texas.

Borets installs 250th permanent motor in Permian

Engineering, manufacturing, sales and service of electric submersible pump (ESP) systems company, Borets, has successfully installed its 250th permanent magnet motor (PMM) ESP system in the U.S.

Milestone receives oilfield waste landfill permit in Permian Basin

Milestone Environmental Services (Milestone), an oilfield waste disposal services company, has announced that the Railroad Commission of Texas (RRC) has approved the company’s second RCRA-exempt oilfield waste landfill permit in the Permian Basin.

Long game: Reliable, interventionless completions for toe stages

Travis Harris, Packers Plus Energy Services

Adjusting completion plans in extended-reach laterals can reduce risk, lower costs, and expedite bringing wells online.

Majors double down as takeaway crunch eases

Jim Redden, Contributing Editor

They may have arrived late to the shale soiree, but the super-majors have shown up with overflowing wallets, lofty production targets, and they’re setting the tone for the next wave of development in the transcendent Permian basin.

Permian Basin's future depends on the Reservoir Study Group, or "really smart guys"

Scott Hodges, a 57-year-old manager with Occidental Petroleum Corp., runs a cluster of installations at the Hobbs oil field, where dozens of wells don’t pump a single barrel of oil but instead do the opposite: push stuff -- lots of it -- into the ground.

Multiple Sclerosis Society seeks to raise funds by selling Permian mineral rights

The National Multiple Sclerosis Society is seeking a buyer for mineral rights on 192 net acres in the oil-rich Permian Basin of West Texas, according to an online posting Wednesday.

Tecpetrol goes on frac sand buying spree in Argentina

Sand shoveled out of an Argentina river used to transport soybeans may soon reappear 700 mi (1,100 km) away in the country’s booming shale fields.

Texas oil production fell in January as pipeline bottlenecks prompted cutbacks

The decline pushed overall U.S. production lower by 90,000 bopd, marking the first national drop since May, according to revised data from the Energy Information Administration. January production clocked in at 11.87 MMbopd.

The new American energy era - From Texas to the world

While Paul Vega drives his pick-up truck through the heartland of the Permian basin -- the vast tract of west Texas scrub where one of history’s greatest oil booms means miles-long traffic jams -- Vega says there’s more crude being pumped than America’s refineries can absorb.

Water management

Mark Patton, Hydrozonix

Everything changes