US Gulf Coast Prepares for Hurricane Harvey
Oil and natural gas companies on the Texas coast were preparing for the arrival of Hurricane Harvey Thursday, with some shutting operations and evacuating personnel,...
Texas
Texas Petro Index Increases for Eighth Straight Month
by Tim McNally
On Wednesday, August 23, the Texas Alliance of Energy Producers released their Texas Petro Index (TPI) analysis for July, the results of which showed a...
WolfePak Software’s Charlie Wolfe Steps Down as CEO
WolfePak Software LLC, a leading provider of financial, accounting and regulatory compliance software to the oil and gas industry, announced that founder and CEO Charlie...
Texas is a Top Net Energy Supplier Among States
EIA recently released State Energy Data System estimates for net energy supply, which provide data on each state’s total primary energy production and consumption. Wyoming, Texas, Pennsylvania,...
Networking Site Oilpro Shutting Down Permanently
Houston-based Oilpro.com, an energy networking site, announced today that it will shut down permanently. The social networking site for oil and gas professionals will go...
Weir Oil & Gas Completes Acquisition of KOP Surface Products
Weir Oil & Gas, a leading upstream provider of pressure pumping and pressure control equipment and services, today announced it has completed its acquisition of...
ConocoPhillips Releases Financial Report for Second Quarter
by Tim McNally
ConocoPhillips—its latest financial report released on July 27—reported a significant step forward in the move to meet financial and operational goals. The Houston, Texas-based firm...
Shale Drilling in Texas Provides Mixed Bag of Wealth and Environmental Changes
An industry as large as the U.S. oil industry can have a lasting effect on a state’s economy. For Karnes County, Texas, the shale oil...
Trendsetter Engineering Successfully Completes STIM Well Projects
Trendsetter Engineering has successfully completed live well operations with their new 15,000 psi subsea hydraulic intervention system (referred to as STIM). The STIM system, which...
Kinder Morgan Finds Backers for Pipeline Expansion
by Tim McNally
Houston, Texas-based Kinder Morgan has secured financing for its $5.5 billion pipeline in Canada, reports the Houston Chronicle. The pipeline, which will transfer crude from...