Texas rig count as of Nov. 4 was 262, representing about 46% of active rigs in US AUSTIN –– The Railroad Commission of Texas issued a total of 855 original drilling permits in Oct. 2016 compared to 822 in Oct. 2015. The Oct. total included 679 permits to drill new oil or gas wells, 10 […]
Texas drilling permits, completions statistics for October 2016 Read More »
Shell Deer Park refinery maintenance shutdown extended to repair thin piping The facility was shut down for repairs after thin piping was found last week at the end of the planned overhaul. The 70,000-b/d, gasoline-producing fluidic catalytic cracking unit was shut down on Sept. 12 for a scheduled overhaul which was expected to end last
Shell Deer Park refinery gasoline unit to restart Wednesday Read More »
Shell Permian Basin land packages for sale, but company will consider buying in area LONDON, Nov 1 (Reuters) – Royal Dutch Shell is selling two small land packages in the U.S. Permian Basin but will also consider acquisitions in the oil-rich West Texas province, Chief Financial Officer Simon Henry said on Tuesday. Shell, which is in
Two Shell Permian Basin assets up for sale Read More »
Occidental Petroleum looks for 700 new wells on land Oct 31 (Reuters) – Occidental Petroleum Corp said on Monday it paid $2 billion cash for 35,000 acres (14,164 hectares) of West Texas acreage, boosting its position in the oil-rich Permian Basin. Occidental acquired the acreage in several transactions with private sellers and also bought interests in
Occidental Petroleum buys Permian Basin acreage for $2 billion Read More »
NextEra Energy purchasing Energy Future Holding Corp’s stake in Oncor Oct 31 (Reuters) – Power producer NextEra Energy Inc said on Monday it would buy the remaining stake in Oncor Electric Delivery Co for about $2.4 billion in cash. The company said it would buy the about 20 per cent indirect stake owned by Texas
NextEra Energy to buy rest of Oncor for about $2.4 bln Read More »
Sanchez Energy valued between $3 billion and $3.5 billion Oct 27 (Reuters) – Sanchez Energy Corp is in talks to partner with Blackstone Group LP on a deal to buy Anadarko Petroleum Corp’s assets in South Texas, the Wall Street Journal reported. The deal is expected to value Anadarko’s assets at between $3 billion and $3.5
Sanchez Energy may partner with Blackstone to buy Anadarko assets – WSJ Read More »
Jacobs Engineering headquarters relocation will bring 100 new jobs and $4 million in capital investment to the State of Texas Governor Greg Abbott today announced Jacobs Engineering Group will be relocating its global headquarters from Pasadena, California to Dallas, Texas. Jacobs Engineering Group is a Fortune 500 company that provides maintenance, fabrication, construction and maintenance
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Clayton Williams Energy says funds will be used to expand into Delaware Basin, improve balance sheet Midland, Texas-Clayton Williams Energy, Inc. says it has entered into a definitive purchase and sale agreement with a third party to sell substantially all its assets in the Giddings area in East Central Texas for $400 million. Clayton Williams Energy (NYSE:
Clayton Williams Energy sells East Central Texas assets for $400 million Read More »
NuStar to purchase crude oil and refined product terminal assets from Martin Midstream Partners SAN ANTONIO – NuStar Energy L.P. announced that it has signed an agreement to purchase crude oil and refined product storage assets in the Port of Corpus Christi from Martin Midstream Partners L.P. for a net $93 million. The acquisition, which is expected
NuStar acquires terminal in Port of Corpus Christi Read More »
Texas production in August came from 183,052 oil wells and 92,155 gas wells AUSTIN – Production for Aug. as reported to the Railroad Commission of Texas is 75,034,914 barrels of crude oil and 606,931,065 mcf of total gas from oil and gas wells. These preliminary figures are based on production volumes reported by operators and
Texas oil and gas production statistics August 2016 Read More »
