Tag Archives: Permian Basin
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
As Oil Field Workers Flood Balmorhea With RVs, The Small Community’s Economy Is Revitalized
By Mitch Borden In the middle of the Chihuahuan Desert, at the base of the Davis Mountains, the San Solomon Springs fill a pool at Balmorhea State Park. It’s considered a crown jewel of West Texas and people from all … Continue reading
New Legislation Sets Out To Hold Truck Drivers And Companies Responsible For Bridge Strikes.
By Mitch Borden A new bill that would hold companies and truck drivers responsible for bridge strikes is headed to the Texas Governor’s desk to be signed.
Midland And Odessa Leaders Begin Planning For 2020 Census
By Mitch Borden The U.S. census is still a year away, but city officials and industry leaders in the Permian Basin are trying to plan how they’ll count all the people who have flocked to the region in the last … Continue reading
Permian Basin Oil Producers Brace For Coming Wave Of Waste Water
By Mitch Borden Having too much water in West Texas doesn’t seem like it would be a big problem, but it is for oil producers in the Permian Basin and it’s only going to get worse. That’s according to a … Continue reading
Chevron Lands New Territory In The Permian Basin After Paying Billions For Anadarko Petroleum
By Mitch Borden Chevron, one of the largest oil companies in the world, recently bought Anadarko Petroleum for about $50 Billion. The acquisition expands Chevron’s holdings in the Permian Basin by about 240,000 acres. This deal perked up the ears of … Continue reading
Midland And Odessa See Populations Rise With Oil Boom. During Same Time, Big Bend Numbers Decline
By Carlos Morales Two of the fastest-growing metro areas last year were in Texas. Both Midland and Odessa saw a boom to their population numbers in 2018, according to new data released from the U.S. Census. From 2017 to 2018, … Continue reading
Pence Pushes Trade Deal With Mexico And Canada While Visiting The Permian Basin
By Mitch Borden While visiting Texas on Wednesday to promote trade policy and fundraise for President Trump’s reelection, Vice President Mike Pence made a stop in Midland. While standing in front of a local oil rig, Pence told a group … Continue reading
Vice President Pence Visits Midland To Talk Trade And Fundraise
By Mitch Borden Vice President Mike Pence is heading to Texas today to tout the administration’s trade policy in between stops to raise money for President Donald Trump’s reelection. The Vice President’s day begins with a private fundraising event in … Continue reading