Diamond Offshore Announces New Drillship Commitment
Diamond Offshore Drilling, Inc. announced that it has entered into a contract with BOE Exploration & Production LLC for the Ocean BlackRhino for work in the U.S. Gulf of Mexico.
Railroad Commission of Texas Releases State Oil and Gas Production Statistics for March 2024
Statewide and county crude oil and natural gas production for March 2024 came from 163,674 oil wells and 84,739 gas wells, the Railroad Commission of Texas announced.
Project Canary and Houston-Based Tachyus Announce Partnership
The agreement, which expands Project Canary’s multiple technology partnerships, combines Project Canary’s unique Carbon Portal features with Tachyus’s leading GHG regulatory reporting features for clients in the oil and gas sector.
ONEOK Completes Acquisition of Gulf Coast NGL System
ONEOK, Inc. announced that it has completed its acquisition of a system of natural gas liquids (NGL) pipelines from Easton Energy for approximately $280 million.
Noble Corporation PLC Announces Agreement to Acquire Diamond Offshore Drilling, Inc.
Noble Corporation PLC and Diamond Offshore Drilling, Inc. announced that they have entered into a definitive merger agreement under which Noble will acquire Diamond in a stock plus cash transaction.
Emphasis on Safety Earns TXOGA Workers’ Compensation Safety Group Members $3.84M Dividend from Texas Mutual
The Texas Oil & Gas Association’s Workers’ Compensation Safety Group announced that member companies collectively earned $3.84 million in dividends from Texas Mutual Insurance Company for prioritizing workplace safety and keeping the group’s loss ratio low.
Lamons to Acquire ModuHouston Location from Modumetal
Now known as ModuCoatings, ModuHouston is a location that provides coating application of the field-proven NanoGalv® zinc-nickel plating system for bolting and fastener applications.
Diamond Offshore Announces New Drillship Commitment
Diamond Offshore Drilling, Inc. announced that it has executed a two-year contract extension with Anadarko Petroleum Corporation.
Gray Oak Pipeline LLC Announces Binding Open Season
Gray Oak Pipeline, LLC, a joint venture among the pipeline system’s owners, announced Thursday a binding open season to solicit shipper interest for an expansion of the Gray Oak Pipeline of up to 120,000 barrels per day.
Resilient Energy Inc. Announces Major Breakthrough
Resilient Energy, Inc., also known as RENI, announced an inaugural order received by its recently acquired powerhouse, Challenger Aerospace & Defense, Inc (“CADI”).
Bolivia Switches to Argus for Oil Pricing
Bolivian state-owned oil company YPFB has switched to global energy and commodity price reporting agency Argus as the basis for pricing imported supplies of crude and petroleum products.
Strategic Biofuels Announces Strategic Investment from Magnolia Sustainable Energy Partners
In addition to being a strategic investor through the consortium, JX will add its expertise to the company’s LGF project, leveraging its carbon capture and sequestration (CCS) experience gained in building and operating the Petra Nova Carbon Capture, Utilization and Storage (CCUS) project near Houston.
Texas Oil and Gas Production Records Tumbled in 2023
Texas’ major energy industry reached new peaks last year with records set for both oil and gas production.
Shell to Grow Company-Owned U.S. Retail Sites with Acquisition of Brewer Oil Company
Shell Mobility Company Operations LLC (Shell), has signed an agreement to acquire 45 fuel and convenience store sites in New Mexico through the acquisition of Brewer Oil Company’s (BOC) retail division.
Preparations Help Oil and Gas Industry Get Through Dangerous Wildfires
The Texas Forest Service announced dangerous wildfires in the Panhandle were finally 100% contained, thanks to the tireless efforts of state and local emergency crews.
TXOGA Announces Senior Staff Promotions
Texas Oil & Gas Association (TXOGA) President Todd Staples announced on April 5 the promotions of senior staff, naming Shana Joyce and Tulsi Oberbeck as Vice Presidents of Government and Regulatory Affairs. Joyce and Oberbeck have served as directors in these positions since 2018.
Dallas-Based Vivakor Acquires Endeavor Entities for $120 Million
Vivakor has signed a definitive agreement to acquire the Endeavor Entities, which operate in the midstream segment of the oil industry, for $120 million.
Texas Upstream Oil and Gas Employment Growth
Data recently released by the Texas Workforce Commission indicates a sustained growth trend in upstream oil and gas employment in Texas. In December, the sector added 3,100 jobs, contributing to a substantial increase of 15,300 jobs throughout 2023. The Texas Oil & Gas Association (TXOGA) highlighted that since the low point in September 2020, months…
TXOGA Analysis Finds Texas Production of Oil and Natural Gas Has Achieved New Record Highs, Leading U.S. Production
AUSTIN – Texas’ production of oil, natural gas, and natural gas liquids (NGLs) has achieved new record highs, according to a recent monthly energy economic analysis prepared by Texas Oil & Gas Association (TXOGA) Chief Economist Dean Foreman, Ph.D. TXOGA estimates that Texas set new production records in August 2023, with Texas’ crude oil production…
Exploring the Surge of 12,100 New Oil and Gas Jobs in Texas
The Lone Star State is booming with job growth in the oil and natural gas industry! According to the Texas Oil and Gas Association (TXOGA), the industry has added a whopping 12,100 jobs in 2023 alone, with 1,200 of those jobs added in August. Todd Staples, president of TXOGA, emphasized the importance of the industry…