Permian Basin

Type: Keyphrase
Name: Permian Basin
First reported 18 mins ago - Updated 18 mins ago - 1 reports

Permian Basin organizations collect donations for unaccompanied children

The unprecedented number of unaccompanied children crossing the southern border caught nation-wide attention after images were leaked showing overcrowded detention facilities.Odessa Una Voz Unida Founder and President Art Leal said the organization is ... [Published OA Online - 18 mins ago]
First reported 14 hours ago - Updated 6 hours ago - 2 reports

Chevron reports interim Q2 update

Chevron Corporation has reported in its interim update that earnings for Q2 2014 are expected to be higher than Q1 2012, as a result of gains on asset sales and an absence of impairments in the prior quarter.US net oil-equivalent production was higher ... [Published Energy Global - 12 hours ago]
First reported 8 hours ago - Updated 8 hours ago - 1 reports

Permian Basin Area Foundation awards more than $1.5 million to nonprofits

The Permian Basin Area Foundation announced more than $1.5 million in grants to 27 nonprofits across the Permian Basin on Wednesday, at the Ellen Noël Art Museum.The nonprofits receiving grants offer a wide variety of community services, ranging from ... [Published My West Texas - 8 hours ago]
First reported 9 hours ago - Updated 9 hours ago - 1 reports

Surprisingly, These MLPs Still Have Hidden Upside

Texas' Permian Basin is quickly becoming one of the hottest oil plays in America. Its potential fueled 140% gains in the past year for investors in Diamondback Energy (NASDAQ: FANG Those same gains, however, have surprisingly eluded MLPs like BreitBurn ... [Published Motley Fool - 9 hours ago]
First reported 11 hours ago - Updated 11 hours ago - 2 reports

Permian Basin helps lift Chevron

SAN RAMON, Calif., July 11 (UPI) -- Chevron said its net U.S. production so far during second quarter 2014 was higher than first quarter in part because of increases from the Permian shale basin.Chevron posted an interim update on second quarter operations ... [Published UPI - 11 hours ago]
First reported Jul 10 2014 - Updated Jul 11 2014 - 2 reports

Oil-and-gas activity spurs strong manufacturing job growth in Texas

Workers on a drilling rig in South Texas' Eagle Ford Shale formation. Oil and gas extraction activity has pushed Texas' manufacturing job growth up 2.5 percent from a year ago.Industrial employment grew 2.5 percent in Texas from May 2013 to May 2014, ... [Published Dallas Business Journal - Jul 11 2014]
First reported Jul 10 2014 - Updated Jul 10 2014 - 2 reports

Six formations boost Permian production

Six formations within the Permian Basin region in Texas and New Mexico have provided the bulk of the basin’s 60 percent increase in oil output since 2007, positioning the Permian as the largest crude oil producing region in the United States, the U.S. ... [Published Alexanders Gas & Oil Connections - Jul 10 2014]
First reported Jul 10 2014 - Updated Jul 10 2014 - 1 reports

Schlumberger execs to unveil new Permian Basin headquarters

Schlumberger will officially open the company’s new corporate office in Midland County on Wednesday, representing yet another major construction project by an oilfield services company in the Permian Basin during the boom.Midland officials in 2013 issued ... [Published OA Online - Jul 10 2014]
First reported Jul 10 2014 - Updated Jul 10 2014 - 1 reports

Local non-profits presented with grants

Some West Texas non-profits had a big day on Wednesday as the Permian Basin Area Foundation handed out more than $1.5 million in support.With the Ellen Noel Art Museum as the background 27 organizations were recognized and presented with grants from the ... [Published OA Online - Jul 10 2014]
First reported Jul 10 2014 - Updated Jul 10 2014 - 1 reports

Occidental Petroleum - Permian Basin Can Reap Returns

Summary With the spinning-off of the California business, Occidental Petroleum can focus more on its lucrative assets in the Permian Basin. To capitalize on the growth potential of the Permian Basin, the company has allocated 22% of its 2014 capital ... [Published Seeking Alpha - Jul 10 2014]
First reported Jul 10 2014 - Updated Jul 10 2014 - 1 reports

Permian Basin production up 59 percent since ’07

at 5:19 pm by inA pumpjack rocks back and forth as the sun sets Wednesday April 2, 2014 in Stanton, Texas. (John Davenport/ Express-News)The Permian Basin is back and it’s the nation’s biggest oil producer.The U.S. Energy Information Administration said ... [Published Fuel Fix - Jul 10 2014]
First reported Jul 10 2014 - Updated Jul 10 2014 - 1 reports

Permian Basin Red Cross Hosting Open House Events For Potential Volunteers

Staff ReportNewsWest 9MIDLAND/ODESSA - The Permian Basin Red Cross will be hosting open house events for potential volunteers over the next couple of days.Residents are encouraged to attend either event to learn more about volunteer opportunities in the ... [Published KWES NewsWest 9 - Jul 10 2014]

Quotes

"With what's going on the Middle East, I think it would be five or six bucks [a gallon]," said Steffens, according to the Daily Signal. "If it wasn't for the shale revolution, you'd be in big trouble."
"U S net oil-equivalent production was higher compared to the first quarter, primarily due to less maintenance activity in the Gulf of Mexico and increased production in the Permian Basin" the company said Thursday
Roe Patterson, Basic's President and Chief Executive Officer, stated, "Activity in June for our major business lines was consistent with the momentum that we saw throughout the second quarter of this year. We did experience a slight impact from rainy conditions throughout our Texas and Oklahoma footprint which had some effect on all business lines in those markets, particularly our fluid service truck hours. Demand for our pumping services and coil tubing operations during the month continued at a strong pace due to the high level of completion activity. In addition, our well servicing utilization increased from April and May, mainly due to the absence of a holiday in June as well as continued modest improvements in busier well servicing markets like the Permian Basin and Eagle Ford."
“That compares very favorably to the rest of the country,” says Tom Dubin, MNI's president. "While there has been manufacturing job growth, the average state growth has been about 0.8 percent. There's no doubt that Texas' economy is being driven by the growth in the energy sector.” Indeed, the oil-and-gas extraction industry led Texas' industrial job growth with a 10.7 percent increase, according to MNI. With hiring driven by robust activity in the Eagle Ford Shale and Permian Basin energy basins, the industry now accounts for 133,448 jobs."

More Content

All (1121) | News (896) | Reports (0) | Blogs (189) | Audio/Video (0) | Fact Sheets (16) | Press Releases (20)
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Permian Basin organizations collect donations f... [Published OA Online - 18 mins ago]
US onshore well count rises 4% year on year to ... [Published Platts - 3 hours ago]
FOREVER HOME: Kelsey [Published KMID - 4 hours ago]
Why Did This Company's CEO Sell 84% of His Shares? [Published Motley Fool - 6 hours ago]
Chevron Q2 Interim Update Hints at Sequential E... [Published Yahoo! Finance - 6 hours ago]
New Kent Kwik to Replace Walgreens in Midland [Published CBS 7 - 7 hours ago]
Permian Basin Area Foundation awards more than ... [Published My West Texas - 8 hours ago]
Surprisingly, These MLPs Still Have Hidden Upside [Published Motley Fool - 9 hours ago]
RSP Permian’s Lock-Up Period Set To End on Jul... [Published American Banking News - 9 hours ago]
Without shale boom, US could have seen $6 a gal... [Published Noodls - 10 hours ago]
Permian Basin helps lift Chevron [Published UPI - 11 hours ago]
Permian Basin helps lift Chevron [Published Wall Street Business Network - 11 hours ago]
Chevron reports interim Q2 update [Published Energy Global - 12 hours ago]
Chevron Expects Earnings Bump In 2QFY14 [Published Bidness Etc - 12 hours ago]
FX Energy, Inc. announces pricing of public off... [Published Your Oil and Gas News - 14 hours ago]
Horizontal Well Production Sharing Agreements a... [Published ShannonGracey - 14 hours ago]
Basic Energy Services Reports Selected Operatin... [Published Nasdaq - 14 hours ago]
Angola LNG shutdown dampens Chevron quarterly u... [Published Oil & Gas Technology - 14 hours ago]
Extreme drilling drives drill pipe innovations [Published Drilling Contractor - 16 hours ago]
Chevron: Asset sales to boost 2Q numbers [Published Offshore Energy Today - 16 hours ago]
ConocoPhillips: Staying Bullish As The Company ... [Published Seeking Alpha - 16 hours ago]
Chevron Sees Sequentially Higher Earnings In Q2 [Published RTTNews.com - 16 hours ago]
Chevron expects higher Q2 earnings [Published LNG World News - 17 hours ago]
Lesser prairie-chicken population increases [Published Amarillo Globe News - 21 hours ago]
Oil-and-gas activity spurs strong manufacturing... [Published Dallas Business Journal - Jul 11 2014]
ODC approves $6 million between UTPB, OC [Published OA Online - Jul 11 2014]
Local Views on Obama's $3.7 Billion Request for... [Published CBS 7 - Jul 11 2014]
Networking to find a solution to poverty [Published OA Online - Jul 10 2014]
Rosetta Resources Inc. Announces 2nd Quarter 20... [Published Market Pulse Navigator - Jul 10 2014]
Rosetta Resources Inc. Announces 2nd Quarter 20... [Published Wall Street Select - Jul 10 2014]
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Blogs

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KKR and Riverstone to launch Trinity River Energy [Published PE Hub Blog - Jul 09 2014]
KKR and Riverstone have agreed to form  Trinity River Energy , a new oil and gas company headquartered in Fort Worth, Texas. The newly combined firm merges the assets held by KNR with the assets of Riverstone’s Legend . No financial terms were ...
Trilantic, First Trust and Volant acquire Fluid... [Published PE Hub Blog - Jul 03 2014]
Trilantic Capital Partners, First Trust Capital Partners and Volant Energy Partners have acquired a majority stake in Fluid Delivery Solutions. No financial terms were disclosed. Headquartered in Fort Worth, Texas, FDS is an oil and gas service ...
Texas Creeping up on Iraq's Crude Oil Production [Published Breitbart Feed - Jul 03 2014]
HOUSTON, Texas--3 million barrels of crude oil are now being produced in Texas each day, according to  new federal data  from the U.S. Energy Information Administration (EIA). This means that the state has almost reached the production level of Iraq, ...
BP says we have 53.3 years of oil left [Published Autoblog - Jul 03 2014]
Okay, okay, okay - it's not as bad as that headline says it is. First of all, even if we did only have 53.3 years of oil left, it'd represent a 1.1-percent improvement over last year's estimate, to 1.69 trillion barrels of oil left. But more importantly, ...
BP says we have 53.3 years of oil left [Published Autoblog Green - Jul 03 2014]
Okay, okay, okay - it's not as bad as that headline says it is. First of all, even if we did only have 53.3 years of oil left, it'd represent a 1.1-percent improvement over last year's estimate, to 1.69 trillion barrels of oil left. But more importantly, ...
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Press Releases

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Lone Star Value Questions Antares' Asset Sale A... [Published Financial Services - Jul 08 2014]
American Energy -- Permian Basin, LLC Announces... [Published Financial Services - Jul 08 2014]
LINN Energy Announces Permian Trade With Exxon ... [Published GlobeNewswire: Advertising News - May 21 2014]
Santrol Commercializes Activator-Free Proppant ... [Published GlobeNewswire: Advertising News - May 21 2014]
Rosetta Resources Inc. to Present at the DUG Pe... [Published GlobeNewswire: Acquisitions News - May 16 2014]
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