Tag Archives: crude oil
Permian Basin Oil Workers Face Possible Bust As Global Oil Markets Crash
By Mitch Borden In West Texas, the Permian Basin is home to America’s largest oil field, where just about everyone depends on the energy industry. But with the spread of the coronavirus pandemic, world markets in flux, and Saudi Arabia … Continue reading
Harvey Closures Could Threaten to Strand Permian Basin Oil
More than 500 miles from the flooding in Houston, oil fields in the Permian Basin are dry – but that doesn’t mean that they won’t feel the impact of Hurricane Harvey.
Report Finds Permian Pipeline Infrastructure Will Meet Production Boom
A new report from the U.S. Energy Information Administration finds the increased oil infrastructure in the Permian Basin will be able to meet the area’s expected boom in oil production.
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
Theft In The Oilfields Of Texas and New Mexico Traced To Borderland Mexico
The decline in the price of crude oil is translating into job losses in the oilfields of Texas and New Mexico. And that means there’s renewed focus on an ongoing problem in the oilfields, and that’s the theft of oil, … Continue reading