Tag Archives: Permian Basin

Texas Town’s Fortunes Rise And Fall With Pump Jacks And Oil Prices

The middle class has shrunk faster in Midland, Texas, than nearly anywhere else in the U.S. Overall, more people are getting rich than falling behind. But extreme booms and busts make life precarious.

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Oil Prices Drop After U.S. Lifts Sanctions Against Iran

The prospect of Iranian oil adding to the global flood of crude pushed prices further down on Monday, with Brent crude, the international benchmark for crude oil, touching its lowest level since 2003 – below $28 dollars per barrel. International … Continue reading

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Protested Big Bend Pipeline Now Closer to Approval

Editor’s Note: This story has been updated with a statement from an Energy Transfer Partners spokeswoman. A coalition of ranchers, environmentalists and disgruntled landowners has suffered a major setback in its battle to block a proposed pipeline that would carry natural … Continue reading

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Drillers Find Ways To Reach Billions Of Barrels Of Oil Trapped In Old Wells

Seems like only yesterday that in places like West Texas, oil drillers were spending money like there was no tomorrow. “One billion dollars a month is being spent drilling wells out here,” said Ben Shepperd, president of the Permian Basin … Continue reading

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Big Bend Counties Want More Federal Oversight on Trans-Pecos Pipeline

Elected officials in the Big Bend region are getting increasingly involved with a planned pipeline that would bring natural gas from producers in the Permian Basin to Mexican power plants. Dallas-based Energy Transfer is building the 143-mile, 42″ Trans-Pecos Pipeline. Local … Continue reading

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In the Male-Dominated Oil Industry, Efforts to Build Stronger Networks Among Women

When people picture the oil industry, they often picture men. Of the 132,000 American oil and gas workers in 2013, 33,000 of them were women. That’s only 25%, and the situation is even more skewed in executive offices. With those numbers in mind, we … Continue reading

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Alpine Resolution Opposing The Trans-Pecos Pipeline Dies Before A Vote

A proposed Alpine City Council resolution opposing a planned 143-mile natural gas pipeline from the Permian Basin to Mexico died before getting to a vote at a Tuesday meeting. The resolution would’ve been mostly a symbolic gesture, as it didn’t … Continue reading

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Mexican Venture Capital Seeks Permian Basin Opportunity Amid Oil Downturn

ODESSA, Texas — Mexican venture capital is hovering over distressed energy companies in the Permian Basin of Texas, the nation’s highest-producing oilfield. Those companies – including oil and gas drillers, and service companies – crafted budgets when the price of … Continue reading

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The “Comic-Con” of Energy Conferences Wraps Up in Houston

The huge annual energy gathering known as CERA Week wrapped up on Friday in Houston. The conference, now in its 34th year, brings energy industry leaders and experts together alongside policymakers – and more than a few bomb-sniffing dogs – … Continue reading

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Eminent Domain vs Landowner Rights: Border Pipelines Face Opposition On Both Sides Of Rio Grande

MARFA, Texas — Mexico’s Comisión Federal de Electricidad, its federal electricity commission, has awarded a contract to a group of Texas companies to build a 143-mile natural gas pipeline from the energy-rich Permian Basin of west Texas to the border … Continue reading

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