Exploring the Surge of 12,100 New Oil and Gas Jobs in Texas

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…

Will Economic Challenges Dampen the Success of the Supply-Side Rally in the Oil Industry?

Will Economic Challenges Dampen the Success of the Supply-Side Rally in the Oil Industry?

According to analysts, a variety of information, such as U.S. inflation data and OPEC’s monthly market report, could impact the price of oil. However, supply-side shortages and economic troubles will ultimately have the most influence on the market this week. Oil prices are currently at levels not seen since November, with West Texas Intermediate (the…

US Oil Firms Under Scrutiny for Russian Business Amidst Ukraine Invasion

US Oil Firms Under Scrutiny for Russian Business Amidst Ukraine Invasion

The chairman of the U.S. Senate Foreign Relations Committee has requested an explanation from the top three oilfield services companies in the country regarding their decision to continue doing business in Russia following its invasion of Ukraine. He has also demanded that they commit to stopping all investments in Russia’s fossil fuel infrastructure. Senator Bob…

Chevron Acquires Prime Real Estate for New Campus in NW Houston

Chevron Acquires Prime Real Estate for New Campus in NW Houston

The oil and gas giant has successfully acquired almost 80 acres of prime land in Bridgeland Central, a highly sought-after planned community that is set to revolutionize the landscape of Bridgeland and Northwest Houston. The owner of this community has confidently positioned it as an urban hub, and we are proud to be a part…

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…

Industry Insiders Say Minorities Should Pursue Oil Jobs

Industry Insiders Say Minorities Should Pursue Oil Jobs

  Stacy M. Brown, NNPA There are great opportunities for African Americans and Latinos in the oil, natural gas, and petrochemical industries, according to industry insiders, who are calling on minorities to “get in the game.” “IHS Markit projects that there will be nearly 1.9 million job opportunities over the next 20 years in our…

Commissioner Christian Participates in Opening of Historic Carbon Capture Plant

Commissioner Christian Participates in Opening of Historic Carbon Capture Plant

World’s Largest CO2 CapturePlant; Recycles CO2 for Enhanced Oil Production, Environmental Protection RICHMOND – Last week, Commissioner Wayne Christian attended the official opening of the world’s largest carbon capture facility, participating in the valve opening ceremony with Energy Secretary Rick Perry, Governor Greg Abbott, Congressman Pete Olson and Japanese General Consul Tetsuro Amano.   The…

NOTICES

NOTICES

DLR Publishes Notice of Intent to Review Electricians Administrative Rules The Texas Department of Licensing and Regulation (Department) is reviewing the Electricians program rules located at Title 16, Texas Administrative Code, Chapter 73 for re-adoption, revision, or repeal. The Notice of Intent to Review was published in the Texas Register on December 16, 2016 (41…

Texas Oil and Gas Production Statistics for August 2016

Texas Oil and Gas Production Statistics for August 2016

AUSTIN –– Production for August 2016 as reported to the Railroad Commission of Texas (Commission) is 75,034,914 barrels of crude oil and 606,931,065 mcf (thousand cubic feet) of total gas from oil and gas wells. These preliminary figures are based on production volumes reported by operators and will be updated as late and corrected production…