Tag Archives: Permian Basin
The Permian Basin Gets A Temporary $600 Million Bump In Infrastructure Funding From The State
By Mitch Borden The Texas Department of Transportation recently finalized and approved its Unified Transportation Plan, which lays out the funding for Texas roads for the next decade. This had Permian Basin leaders and businesses celebrating because, on top of … Continue reading
Permian Basin Officials Cross Their Fingers As The State Decides If It Will Give The Region Extra Funding For Its Roads
By Mitch Borden The Permian Basin may be in line to get more money from Texas on top of the millions it already receives, to help repair roads torn up by heavy trucks and other commercial vehicles. Local officials believe … Continue reading
Worker Shortages In The Permian Basin Continue Even As Companies Tap The Brakes
By Mitch Borden The Permian Basin’s oil industry hit its first real slow down in years over the last seven months. Companies have cut thousands of jobs and the number of oil rigs has fallen. But at the same time, … Continue reading
New Pipelines To The Permian Basin Are Projected To Double The Oil The Region Can Pump Out
By Mitch Borden The Permian Basin is producing about 4 million barrels of oil a day. The most to ever come out of the region. For a long time though, West Texas hasn’t had enough pipeline infrastructure to carry that … Continue reading
Remote West Texas Gets A New 80 Acre Landfill To Serve Its Expanding Oil Industry
By Mitch Borden The oil field waste disposal industry in the Permian Basin is growing fast, as the oil and gas industry continues to see an upswing in production. As more and more oil wells are drilled more toxic by-products … Continue reading
Analyst Warns The Permian Basin Could See Oil Prices Fall To $20 A Barrel In A Few Years
By Mitch Borden West Texas oil producers have been doing pretty well this year. After weathering a severe drop in prices at the end of 2018, the price of oil recovered in a matter of months, but according to a … Continue reading
Booms And Busts Have Defined Midland’s History, But Is It Time To Stop Using Those Terms?
By Mitch Borden The Permian Basin has never been busier. More oil is being pumped than ever before, thanks to hydraulic fracking, and energy companies are making plans to stick around long-term. By most accounts, the region is booming. But, … Continue reading
Power Outage In Permian Basin Intermittently Knocking KXWT Off Air
By Marfa Public Radio As thunderstorms, along with lightning and the potential for small hail, move into the Permian Basin, a power outage is intermittently knocking Marfa Public Radio off the air.
Occidental Petroleum Buying Anadarko Signals More Acquisitions Are Coming In The Permian Basin
By Mitch Borden For weeks, two American oil companies fought over who would buy Anadarko Petroleum. At first, Chevron’s deal to acquire Anadarko seemed to be set until Occidental Petroleum made a past higher bid public. Then, after some back … Continue reading
The Trade War Between The US And China May Eventually Reach The Permian Basin
By Mitch Borden The United States has been in a trade war with China for almost a year now. Many thought a resolution was on its way until the Trump Administration announced last week it would be placing tariffs worth … Continue reading
