Oil and Gas Economy in Texas Enters Expansion Cycle
Crude oil and natural gas drilling and development in Texas has embarked upon a new cycle of expansion, according to the latest Texas Petro Index...
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Mergers And Acquisitions Continues At Hot Pace
Interest in crude oil and natural gas reserves in the Permian Basin of West Texas and Eastern New Mexico has reached a new high as...
Strong Indicators Give Boost to Oil Price
The price of oil received a boost after an April 11 announcement by the two largest oil-producing nations revealed that they were considering continuing production...
Texas Economy Improves Led By Oil Industry Activity
The Texas economy has shifted into second gear and is expected to grow in 2017, according to a study released recently by the Federal Reserve...
Uncovering Great Deals
I have all of the Oilman Magazines that I’ve ever been featured in on my bookshelf. I’m surprised at how many there are and humbled...
ConocoPhillips Sells Canadian Assets to Cenovus Energy Inc. for $13.3 Billion
On March 29, Houston, Texas-based ConocoPhillips announced the sale of some of its Canadian assets to Cenovus Energy, an oil-production firm based in Calgary. The...
Joint Venture to be Formed by Schlumberger and Weatherford
On March 24, Schlumberger and Weatherford announced an agreement to create a joint venture known as OneStim. According to a joint release by the companies,...
Custom Automatic Integrated System Saves NGL Plant Money
By U.S. Water NGL Plant Filters Overburdened, Automated Equipment Integration Saves Money An NGL plant is producing an unusual product for use in the oil...
Trump Orders Agencies To Identify Obstacles To Energy Production
Energy policy has taken an about-face in the nation’s capital. Instead of the President implementing policies to restrict the use of the nation’s most plentiful...
Crude Oil Stocks Sets Record
Crude oil inventories jumped to a new record in the fourth week of March, according to the Energy Information Administration, causing prices on the futures...