Buffett boosts oilfield optimism
People notice when Warren Buffett buys big into something and Texas energy spokesmen say Buffett’s heavy investments in Occidental Petroleum bode well for the...
EPA’s non-attainment threat renewed
Congressman August Pfluger reported Thursday that the U.S. Environmental Protection Agency had revived its threat to declare the Permian Basin a non-attainment area for...
Oilfield workforce keeps growing
The struggle that the Texas energy industry has had to find enough workers since the waning of the pandemic and the resurgence of production...
Diamondback addresses raw materials
The Midland-based Diamondback Energy has been offsetting inflationary pressures with operational efficiencies while the costs of raw materials necessitate advance planning.
That’s according to Chairman-Chief...
Pioneer Natural sets 5-year plan
BY BOB CAMPBELL
[email protected]
Pioneer Natural Resources generated $950 million in free cash flow during the first quarter while producing 680 million barrels of oil per...
Mexican oil, gas deals tantalize
Dealing with Mexico’s energy industry has proved problematical for American companies since the approval of encouraging oil and gas reforms in 2013 and ’14.
Texas’...
Permian Basin International Oil Show Opening Day
Photos from the opening day of the Permian Basin International Oil Show Tuesday at the Ector County Coliseum.
Permian Basin International Oil Show Preperation
Photos from the preparation for the opening of the Permian Basin International Oil Show Tuesday afternoon at the Ector County Coliseum. The Permian Basin...
Reconciliation bill stirs rhubarb
Texas political leaders and oil and gas producers are fighting President Biden’s proposed budget reconciliation bill with all the force they can muster, saying...
DAILY OIL PRICE: August 5, 2021
Crude Oil: 69.09 (+0.94).
Nymex MTD AVG: 70.6020.
Natural Gas: 4.140 (-0.018).
Gasoline: 2.2940 (+0.0440).
Spreads: September/October (+0.35) October/November (+0.42).
Plains WTI Posting:...