Oryx Midstream Services II - Tue April 23, 2019
Oryx Opens Plan to Support Project
Oryx Midstream Services II LLC announced that its operating subsidiary, Oryx Delaware Oil Transport LLC has launched a binding open season to secure volume commitments to support the proposed construction and development of new crude oil transportation movements on its regional crude oil transportation system serving the liquids-rich Delaware Basin in Texas and New Mexico....
Katherine Devlin – CEG Editorial Assistant - Wed March 27, 2019
Chevron, ExxonMobil Announce Plans to Step Up Oil Production in Permian Basin
Oil production giants Chevron and ExxonMobil have announced plans to increase the amount of oil produced in the Permian Basin in the coming years. Due to unconventional methods — defined as extracting oil using methods other than a conventional oil well — oil production has skyrocketed in the Permian, leading to new pipelines, refineries, ports and transportation methods to move the oil and gas....
Lori Tobias – CEG Correspondent - Wed March 27, 2019
Can the Permian Basin Boom Be Even Bigger?
The U.S. Energy Information Administration (EIA) is predicting U.S. crude oil production will average 11.7 billion barrels per day in 2019, putting it on track to surpass the previous record of 9.6 million b/d in 1970....
Phillips 66 Partners - Tue March 26, 2019
Phillips 66, Kinder Morgan Announce Transportation Service
Phillips 66 Partners and Kinder Morgan Inc. announced the start of a joint open season by Gray Oak Pipeline LLC (Gray Oak) and Kinder Morgan Crude & Condensate LLC (KMCC) to provide shippers with long-term crude oil transportation from Gray Oak Pipeline origin points in the Permian Basin to KMCC delivery points at or near the Houston Ship Channel under a binding joint transportation services agreement....
Associated Press - Wed February 13, 2019
Rail Traffic Rises Amid N.M., Texas Oil Surge
CARLSBAD, N.M. (AP) Traffic is surging in the railroad industry in southeast New Mexico due to the oil boom in the state and West Texas. The number of rail cars traveling through the Carlsbad area almost tripled during the region's recent oil boom as extraction continued to grow in Permian Basin, the Carlsbad Current-Argus reported....
Emily Buenzle - Fri February 08, 2019
Proposed Bill Could Cause Hangup for State's Oil, Gas Industry
New Mexico's booming oil and gas industry could soon hit a speed bump if a proposed bill creating a four-year moratorium on any new state permits for hydraulic fracturing permits passes. "All we want is clean air and clean water," said Samuel Sage, a member of the Navajo Nation's Counselor Chapter House, who appeared at New Mexico's state Capitol to support the bill, USA Today reported....
Jennifer McKevitt - CEG Correspondent - Tue January 29, 2019
Permian Basin's Latest Boom Requires New Infrastructure
As the United States surge in oil production moves from the Dakotas to Texas, new methods of transport have arisen in order to quickly move the output. In particular, an emerging system known as the Crude Oil Pipeline will transfer the oil directly from Orla, Texas, the seeming epicenter of the boom, to the Port of Corpus Christi for quick export....
Port of Corpus Christi - Fri December 28, 2018
Port of Corpus Christi, Carlyle to Develop Oil Export Terminal
The Port of Corpus Christi Authority announced it has entered into an agreement with The Carlyle Group to work exclusively to develop a world-class crude oil export terminal on Harbor Island, connecting growing crude oil production in the United States with global markets....
United States Department of the Interior - Wed November 07, 2018
Feds OK Oil, Gas Production Facility in Federal Waters
U.S. Secretary of the Interior Ryan Zinke announced on Oct. 24 a long-awaited development for oil and gas energy production offshore the state of Alaska. Interior's Bureau of Ocean Energy Management (BOEM) issued conditional approval to Hilcorp Alaska LLC for its Liberty Project oil and gas development and production plan....
CEG - Tue November 06, 2018
PBIOS Features Newest Equipment, Latest Technology
Members of the oil industry gathered at the Ector County Coliseum in Odessa, Texas, Oct. 16 to 18 for the 2018 Permian Basin International Oil Show. The event has been held every two years since World War II and is a means to showcase new technology, equipment and ideas in the industry....
