Tag Archives: Permian Basin
After A Slow Start In 2019, Permian Oil Prices Expected to Rebound
By Mitch Borden Oil companies in West Texas are currently seeing low prices for their crude. One industry forecast for the year predicts 2019 may not start with a bang, but new pipelines being built in the Permian Basin may … Continue reading
Investing In Permian Basin Roads Could Have Big Returns For Texas
By Mitch Borden Outside of a Midland truck stop, Charles Goff is on his way back to his semi to enjoy a few more hours of rest before he gets back on the road. He says he can really get … Continue reading
In the Permian Basin, An Increase In Traffic Accidents Is Taking A Toll On EMTs
By Mitch Borden Driving in the Permian Basin can be dangerous. Roads are packed, huge commercial trucks barrel down the highways, drivers can be careless. The rate of fatal car crashes in the region is rising steeply. This increase can … Continue reading
REPORT: Wolfcamp Play Is Major Factor In Booming Permian Production
The Wolfcamp shale play in West Texas is a major driver of growing oil and gas production in the Permian Basin, according to a new report from the Energy Department.
REPORT: Permian Production Could Double by 2023
The booming Permian Basin, which is already on target to hit record-setting output this year, could double crude oil production in the next 5 years, according to a new IHS Markit report.
State Looks at Energy Industry’s Impacts on Permian Basin Roads
Over the course of two days, the growing frac sand industry came into focus during two Texas House hearings.
Texas is making billions from oil and gas drilling, but counties say rural roads are being destroyed
Damage from heavy trucks has battered local roads in and around the state’s oil fields, and many counties want the state to help pay for repairs and maintenance. Will lawmakers take action?
Survey Predicts Increased Lending to Energy Industry this Spring
A survey released this week predicts good health for the US energy industry. The results could have especially positive implications for producers in the Permian Basin. The survey, issued twice a year, polls a variety of oil and gas executives across … Continue reading
Record Growth in Odessa Schools Could Be Here To Stay
When the last oil boom in the Permian Basin screeched to a halt in 2014, something unexpected happened — families stuck around. Now, with production ramping up again, all corners of the community are feeling the effects of population growth. … Continue reading
Texas Leads The Way As The U.S. Moves Closer To Becoming The World’s Top Oil Producer
Fracking technology is the reason oil production in the Permian Basin is way up.