Tag Archives: Permian Basin
Texas Companies Show Interest In The State Reducing Oil Production
By Mitch Borden As the coronavirus pandemic continues to shake global markets—and as the price war over crude oil between Russian and Saudi Arabia goes on—oil companies are trying to figure out how to survive with oil prices hovering around … Continue reading
Texas shale producers ask state to cut oil output as demand plummets during coronavirus pandemic
By Mitchell Ferman, The Texas Tribune Two Texas oil companies with big business in the Permian Basin wrote to state regulators requesting an emergency meeting to consider reducing oil production as demand around the world has collapsed due to the … Continue reading
Odessa Issues A Shelter-In-Place Order As The Number Of Coronavirus Cases Grows To 5
By Mitch Borden The City of Odessa is issuing a shelter-in-place order, beginning Monday at 11:59 p.m. Odessa’s Mayor David Turner made the announcement over the weekend on Facebook Live. Turner based Odessa’s shelter-in-place order largely on recommendations made by … Continue reading
Watch Live: Basin PBS Coronavirus Roundtable
By Mitch Borden Basin PBS holds a live forum Thursday night between Midland and Odessa healthcare, education and government officials concerning preparation and response to the coronavirus crisis. Currently, no cases of the coronavirus that have been found in the … Continue reading
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
Apache Gives Up On Alpine High Play After Losing Billions
By Mitch Borden Houston-based Apache Corporation is pulling out of a pocket of Far West Texas they had once hoped would be a lucrative opportunity. In 2016, the company struck oil at the base of the Davis Mountains in an … Continue reading
What’s It Like Selling Sex Appeal In The Permian Basin? Listen To Episodes 5 and 6 of Boomtown To Find Out
By Marfa Public Radio Staff For the last several months, Marfa Public Radio has been working behind the scenes on a project that many West Texans have caught wind of by now: Texas Monthly‘s Boomtown. The podcast, produced in partnership … Continue reading
Texas Oil And Gas Industry Could See A Major Slowdown In 2020
By Kiah Collier, Texas Tribune The oil and natural gas industry paid a record-setting $16.3 billion in taxes and royalties to local governments and the state in 2019, the Texas Oil and Gas Association announced Tuesday. It is the highest … Continue reading
Pipeline Giant Sues Railroad Commission, Alleging Lax Oversight Of Natural Gas Flaring
By Kiah Collier, Texas Tribune A major pipeline operator is suing the Texas Railroad Commission — the state agency that regulates oil and gas drilling — alleging that it has blatantly disregarded longstanding state law that restricts the controversial and … Continue reading
As The 2020 Census Draws Nearer, Permian Basin Communities Brainstorm How To Count Transient Workers
By Mitch Borden Over the last ten years, the population of West Texas has soared as its oil fields were revived by hydraulic fracturing. And now, with the upcoming 2020 U.S. census, community leaders are trying to track down the … Continue reading