ConocoPhillips Appoints Two New Members to its Board of Directors

ConocoPhillips Appoints Two New Members to its Board of Directors

HOUSTON – ConocoPhillips (NYSE: COP) announced today that its board of directors has elected Mr. David T. Seaton and Mr. Al Walker to serve as board members. Mr. Seaton served as chief executive officer of Fluor Corporation from 2011 to 2019, and as chairman from 2012 to 2019. Mr. Seaton joined Fluor in 1985 and held…

Technology and Innovation in Oil and Natural Gas Revolutionized Modern Life

Few industries can match the rapid rise of technology and innovation of the Texas oil and natural gas industry. From the state’s first gushers to modern day hydraulic fracturing, a relentlessly pioneering spirit has been the driving force for the industry that has defined Texas. Over the decades, as technology evolved, game-changing innovations gleaned from…

State Legislators, Academics and Energy Executives Discuss Importance of Oil & Gas Midstream Sector at Kickoff Symposium for Lamar University’s Newly Created Center for Midstream Management & Science

State Legislators, Academics and Energy Executives Discuss Importance of Oil & Gas Midstream Sector at Kickoff Symposium for Lamar University’s Newly Created Center for Midstream Management & Science

The importance of the midstream sector of the Texas oil and natural gas industry and its role in connecting record production of oil and natural gas to the downstream advances in refining and liquefaction technologies was examined today at the kickoff symposium for the newly created Lamar University Center for Midstream Management & Science. The…

PERMIAN BASIN: GROWTH ON THE HORIZON

For decades, the Ghawar field in Saudia Arabia stood alone as the most productive energy resource on the global stage – a behemoth of energy supplying much of the world’s demand. This year, though, marked an unprecedented shakeup in the energy ranking with a resurgent Permian Basin outpacing Ghawar in production. The Permian Basin –…

Oil and Gas Sees Widescale VR Deployment

Oil and Gas Sees Widescale VR Deployment

 The oil and gas industry is witnessing wide-scale deployment of virtual reality (VR) technology across its value chain. That’s according to GlobalData, which has produced a new report exploring how VR is finding its way into the upstream, midstream and downstream sectors. In the report, the company identified the following oil and gas players among…

ConocoPhillips Donates $1 Million to Support Data Science at the University of Houston

ConocoPhillips Donates $1 Million to Support Data Science at the University of Houston

ConocoPhillips (NYSE: COP) today announced a $1 million contribution to the University of Houston’s College of Natural Sciences and Mathematics (NSM) to help meet growing demand for data science education. This donation marks the first of several planned contributions by ConocoPhillips to support data science curriculum at multiple universities. The contribution to the University of…

OP-ED: Offshore Exploration Promises Jobs, Affordable Energy

OP-ED: Offshore Exploration Promises Jobs, Affordable Energy

Strong U.S. natural gas and oil production is revitalizing communities in state after state. It’s well-known that increased energy production has cut costs for families – at the pump and in-home utility bills. But leading the world in production has also given U.S. businesses a leg up, generating a manufacturing resurgence. To list just a…

A DATA TRANSFORMATION IN AMERICA’S ENERGY FRONTIER

A DATA TRANSFORMATION IN AMERICA’S ENERGY FRONTIER

Welcome to the oilfield of the future, where wells across hundreds of miles communicate with each other and operators can rely on data-driven insights and real-time automation to make faster, smarter decisions. Often found in remote corners of the world, these fields of the future will rely on a similar digital network that everyday consumers…

ExxonMobil to Join Oil and Gas Climate Initiative

ExxonMobil to Join Oil and Gas Climate Initiative

ExxonMobil today said it will join the Oil and Gas Climate Initiative (OGCI), a voluntary initiative representing 13 of the world’s largest oil and gas producers working collaboratively toward solutions to mitigate the risks of climate change. The CEO-led organization focuses on developing practical solutions in areas including carbon capture and storage, methane emissions reductions and…

10 THINGS YOU MIGHT NOT KNOW ABOUT NATURAL GAS

10 THINGS YOU MIGHT NOT KNOW ABOUT NATURAL GAS

Natural gas – it heats our homes, powers our appliances, generates electricity and can even fuel vehicles. This versatile and abundant resource is helping to drive a manufacturing renaissance across America and contributing to emissions reductions all over the world. Though natural gas is in the news quite a bit, many people only associate it with home…

A passion for empowering women

A passion for empowering women

The empowerment of women in business is a passion that Brenda Erickson has carried throughout a career that has spanned more than three decades. That passion recently earned her recognition as one of the Top 30 Influential Women in Houston. Brenda has mentored more than 100 colleagues through their careers at ConocoPhillips. Additionally, she has…

Lime Rock Resources to Acquire Oil and Gas Producing Properties in Texas

Lime Rock Resources to Acquire Oil and Gas Producing Properties in Texas

Subcontractors USA News Provider Lime Rock Resources, acquirers and operators of producing oil and gas properties in the United States, announced recently that it has signed a definitive agreement to acquire oil and natural gas properties primarily in Montague, Wise, Denton and Cooke Counties in Texas for approximately $230 million, subject to customary purchase price adjustments. The transaction represents Lime Rock Resources’ first…

Anadarko Announces Open Season For West Texas Oil Gathering And Treating System

Anadarko Announces Open Season For West Texas Oil Gathering And Treating System

By News Provider HOUSTON, Dec. 13, 2017 /PRNewswire/ — Anadarko Petroleum Corporation (NYSE: APC) today announced its wholly owned subsidiary, DBM Oil Services, LLC (DBMOS), is holding a binding open season to identify interest in a new high-vapor-pressure oil-gathering and treating system serving portions of Reeves, Loving, Ward, and Winkler Counties in West Texas. The DBMOS system is expected to have a gathering capacity…

BridgeTex Pipeline to Further Expand, Launches Supplemental Open Season for Additional Capacity

BridgeTex Pipeline to Further Expand, Launches Supplemental Open Season for Additional Capacity

By News Provider TULSA, Okla. and HOUSTON, Nov. 30, 2017 — Magellan Midstream Partners, L.P. (NYSE: MMP) (“Magellan”) and Plains All American Pipeline, L.P. (NYSE: PAA) (“Plains”) announced today that BridgeTex Pipeline Company, LLC (“BridgeTex”), owned 50/50 by Magellan and Plains, plans to further expand the capacity of the BridgeTex pipeline and has launched a supplemental open season to…

AIV, Gulf Coast Modification to Consolidate Operations Within Expansive New Northwest Houston Facility

AIV, Gulf Coast Modification to Consolidate Operations Within Expansive New Northwest Houston Facility

By News Provider HOUSTON, Sept. 19, 2017 /PRNewswire/ — AIV, LP, a Houston-based global wholesale distributor of valves and actuators for the oil and gas, power generation, chemical, petrochemical, refining, pulp and paper and water treatment industries, has announced plans for a new 320,000+ square-foot facility at 22806 Northwest Lake Drive near Telge Road and Highway 290 in northwest Houston….

RRC Grants Waivers, Takes Actions to Speed Hurricane Harvey Recovery

RRC Grants Waivers, Takes Actions to Speed Hurricane Harvey Recovery

The Railroad Commission of Texas (RRC) today announced several actions to speed recovery from the impacts of Hurricane Harvey. These actions will permit energy industry operators under RRC jurisdiction to focus on restoring operations as quickly as possible without compromising public safety and environmental protection. Among the actions taken by the RRC: Temporary administrative filing…