Texas Drilling Permit and Completion Statistics for September 2021

Texas Drilling Permit and Completion Statistics for September 2021

By Subcontractors USA News Provider The Railroad Commission of Texas issued a total of 801 original drilling permits in September 2021 compared to 437 in September 2020. The September 2021 total includes 714 permits to drill new oil or gas wells, four to re-enter plugged wellbores, and 77 for re-completions of existing wellbores. The breakdown…

The Environmental Partnership Annual Report Shows Industry Progress In Reducing Flaring

The Environmental Partnership Annual Report Shows Industry Progress In Reducing Flaring

By Subcontractors USA News Provider The Environmental Partnership recently released its third annual report highlighting the industry’s progress in reducing flaring. Participants in the partnership’s new flare management program reported a 50 percent reduction in flare volumes from 2019 to 2020, even as oil and natural gas production remained consistent among participating companies. The partnership…

RRC Begins Important Steps To Ensure Natural Gas Supply for Weather Emergency Power Generation

RRC Begins Important Steps To Ensure Natural Gas Supply for Weather Emergency Power Generation

By Subcontractors USA News Provider Recently, Railroad Commission of Texas commissioners approved publishing for public comment proposed rules for critical designation of natural gas infrastructure during energy emergencies. The proposed rules specify the criteria and process for entities associated with providing natural gas to be designated as critical customers or critical gas suppliers during an…

Minority Serving Institutions Initiative (MSI) Developing in Oil and Natural Gas Industry

Minority Serving Institutions Initiative (MSI) Developing in Oil and Natural Gas Industry

By Stacy M. Brown, NNPA Newswire Senior National Correspondent With individuals of color expected to fill about 54 percent of the projected 1.9 million job opportunities in the natural gas, oil, and petrochemical industry over the next two decades, the American Petroleum Institute (API) has added more historically Black colleges and universities (HBCUs) along with…

Commissioner Wayne Christian Pens Letter to the President on OPEC+ Discussions

Commissioner Wayne Christian Pens Letter to the President on OPEC+ Discussions

By Subcontractors USA News Provider Recently, Commissioner Wayne Christian wrote a letter to President Joe Biden encouraging him to reconsider discussions with OPEC+ and instead unleash the private sector to produce oil domestically in America.  The formatted letter is below: Dear Mr. President, I write to you concerning the Biden Administration’s recent discussions with OPEC+…

New Edition of Global Pipeline Standard Enhances Safety and Strengthens the Environmental Sustainability of Pipelines

New Edition of Global Pipeline Standard Enhances Safety and Strengthens the Environmental Sustainability of Pipelines

By Subcontractors USA News Provider The American Petroleum Institute (API) today published Standard (Std) 1104, 22nd Edition, Welding of Pipelines and Related Facilities, updating an important global standard that supports industry-wide actions to strengthen environmental sustainability efforts while meeting growing energy demand.  “Standard 1104 is API’s most widely utilized global standard, used in nearly 100…

Railroad Commission’s Underground Injection Control Program Recognized in EPA Report

Railroad Commission’s Underground Injection Control Program Recognized in EPA Report

By Subcontractors USA News Provider In a new report, EPA Region 6 once again commended the Railroad Commission’s Underground Injection Control program for protecting underground sources of drinking water and controlling seismic activity. RRC’s UIC program, which handles the most Class II injection well applications in the nation, carries out state and EPA-approved rules on…

Railroad Commission of Texas NEWS

Railroad Commission of Texas NEWS

Recently, Commissioner Wayne Christian authored and passed three resolutions to protect states’ rights, protect consumers, and encourage technological innovation in the oil and gas industry. Resolution 21.052 – Opposition to the CLEAN Future Act: This resolution co-sponsored by Texas and North Dakota asks the Biden Administration and Congress to oppose the CLEAN Future Act and…

ConocoPhillips Heads Diversity and Inclusion Efforts in the Oil and Gas Industry

ConocoPhillips Heads Diversity and Inclusion Efforts in the Oil and Gas Industry

By Stacy M. Brown, NNPA Newswire Senior National Correspondent With projections that half of its workforce will consist of minorities by 2040, the oil and gas industry has continued to recruit individuals of color, women, veterans, and groups that have been mainly underrepresented. At ConocoPhillips, Shawn Green and Maalika Moore-Thomas each take an optimistic approach…

RRC Gives Coal Mining Reclamation Award to Dos Republicas for Work at Eagle Pass Mine

RRC Gives Coal Mining Reclamation Award to Dos Republicas for Work at Eagle Pass Mine

By Subcontractors USA News Provider A coal mining operation near the Texas-Mexico border was commended for its environmental restoration after shutting down operations. RRC’s commissioners recently recognized Dos Republicas Resource Co. with the agency’s 2021 Texas Coal Mining Reclamation Award. Dos Republicas’ 6,348-acre Eagle Pass Mine, which has held a Railroad Commission permit since 2000,…

130 Years Young, RRC Looks to the Future

130 Years Young, RRC Looks to the Future

By Subcontractors USA News Provider It’s easy to not fully grasp just how much the world has changed since a 19th-century legislature created the Railroad Commission of Texas to provide order and predictability to a rapidly expanding railroad industry that controlled the flow of goods. When the RRC opened its doors on April 3, 1891,…

Marathon Oil Announces $500 Million Gross Debt Reduction

Marathon Oil Announces $500 Million Gross Debt Reduction

By Subcontractors USA News Provider HOUSTON, March 30, 2021 /PRNewswire/ — Marathon Oil Corporation (NYSE: MRO) announced today that it sent an irrevocable notice of its intention to fully redeem its currently outstanding $500 million aggregate principal amount of 2.8% Senior Notes Due 2022 (the “Notes”) on April 29, 2021 (the “Redemption Date”).  This transaction…