Permian Basin News & Information

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Salvation Army struggles to fill positions, meet 2018 goal

The Salvation Army is $79000 short of their 2018 goal and claims it is due to a lack of bell ringers.

Posted: December 12, 2018, 10:06 pm
Permico to increase initial investment for plant near Robstown by $150 million  Corpus Christi Caller-Times

The close of a sale on more than 150 acres of land near Robstown for a natural gas liquids...

Posted: December 12, 2018, 8:45 pm
Evening Weather from Meteorologist, Anthony Franze

A rather quiet and cloudy day so far this afternoon, but we could see a few showers or weak storms, mainly in the southern half of t...

Posted: December 12, 2018, 7:45 pm
Led by Frac, The Oilfield Services Space Could Get Interesting in 2019  Journal of Petroleum Technology

Growth in the global oilfield services and equipment space accelerated this year as crude oil ...

Posted: December 12, 2018, 7:44 pm
Cogent Midstream lets contract for Midland basin gas plant  Oil & Gas Journal

Cogent Midstream has let a contract to Honeywell UOP for the previously announced expansion of natural gas processing ca...

Posted: December 12, 2018, 7:12 pm
Why Schlumberger Stock Dropped 12.1% in November  The Motley Fool

Shares of the world's largest oil-field services company, Schlumberger (NYSE:SLB), fell 12.1% in November, according to data provide...

Posted: December 12, 2018, 6:27 pm
Crude inventories fall; U.S. loses net petroleum exporter status  Midland Reporter-Telegram

The United States' new status as a net petroleum exporter only lasted for a week at the end of November. T...

Posted: December 12, 2018, 5:56 pm
As prices rise, companies target Permian Basin

ALBUQUERQUE, N.M. (AP) — Some of the largest energy companies in the U.S. have already invested billions of dollars on claims up and dow...

Posted: December 12, 2018, 4:58 pm
Cavalcade Midstream Makes $150 Million Partnership With Pearl, Old Ironsides, NGP  Oil and Gas Investor

SAN ANTONIO—Cavalcade Midstream, a newly formed, full-*service* midstream company, said Dec. 1...

Posted: December 12, 2018, 4:43 pm
BLM: New Mexico receives $460M for lease sales near Carlsbad  Albuquerque Journal

Eddy and Lea counties are the source of almost half a billion dollars in state revenue, coming from lease sales of f...

Posted: December 12, 2018, 3:03 pm
USDOT grant includes access-controlled intersections at I-70 ramps  Hays Post

USDOT. WASHINGTON – U.S. Transportation Secretary Elaine L. Chao Tuesday announced $1.5 billion in discretionary grant f...

Posted: December 12, 2018, 1:37 pm
Permian Basin Royalty Trust (PBT) versus Cross Timbers Royalty Trust (CRT) Critical Analysis  Fairfield Current

Permian Basin Royalty Trust (NYSE:PBT) and Cross Timbers Royalty Trust (NYSE:CRT) are ...

Posted: December 12, 2018, 11:57 am
Chevron Hits A Home Run In The Permian  Seeking Alpha

Why the Permian Basin is Chevron's key to unlocking oil & gas production growth. Chevron Corporation has materially cut down well development co...

Posted: December 12, 2018, 11:12 am
Wednesday Morning Weather

Despite the clouds, today will be the warmest day of the week as winds turn from southerly to westerly over the course of the day. The winds coming down the ...

Posted: December 12, 2018, 9:22 am
Business news in brief  NWAOnline

Oil firms grow more reliant on shale. HOUSTON -- The oil industry is investing more, not less, in U.S. shale after the recent tumble in crude prices. It's a far cry...

Posted: December 12, 2018, 7:55 am