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Exclusives

Top 5 Permian stories of the week

Here were the top five stories from the week of July 6-10. Thank you for reading and enjoy your weekend! 5. PERMIAN BASIN DRILLING REPORT: Week of June 25 through July 1 Permit applications approved by the Texas Railroad Commission for June 25 through July 1 for Districts 7C, 8 and 8A. Numbers in parentheses indicate the number of permits ...

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ND oil and gas leaders: Lift the outdated export ban

oil tanker

Lifting the decades old oil export ban remains a contentious issue. While those in opposition of the idea argue that it would cause wholesale and commercial fuel prices to increase, but those in favor stress that ending the ban would create numerous economic opportunities. Earlier this week industry leaders and regulators testified during a U.S. House Committee on Agriculture hearing ...

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Power outage delays Bakken drilling data

On Wednesday Bismarck, North Dakota, experienced a power outage which shut down computer servers servicing the Bakken oil patch. As reported by Reuters, the servers provide data which tracks the plethora of statistics across the second largest oil producing state in the nation. The loss of power caused North Dakota’s daily rig count to be unavailable. The rig count serves ...

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More job cuts in Ohio

job cuts

One Ohio manufacturing company associated with the oil and gas industry will be cutting jobs due to the downturn that has impacted the industry for several months. Vallourec Star LP has announced that due to the weak demand for its products, high inventory and sales being extremely low when compared to last year, it has no other option but to ...

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Porter to Congress: Lift the export ban

Oil Exports

When Saudi Arabia placed an embargo on oil in the 1970s, the U.S. banned oil exportation in hopes of preserving the nation’s energy security. But according to Texas Railroad Commission Chairman David Porter and six other oil and gas experts present at Tuesday’s House Committee on Agriculture hearing in Washington D.C., it’s time to lift the ban. “The world today ...

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Keystone Clearwater Solutions has new owner

Pipeline

The U.S.’ largest publicly traded water and wastewater utility company is now the proud owner of Keystone Clearwater Solutions. American Water Works Company shared today that its acquisition of Keystone has officially been completed. Keystone is headquartered in Hershey, Pennsylvania, and is a water service provider that offers a wide range of water services to the oil and gas industry. ...

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Cheyenne Bishop: ‘We can’t check our morality at the door

The month following the release of Pope Francis’ controversial encyclical addressing climate change presented a moral challenge for Catholics in fossil-fuel reliant Wyoming. In an Inside Energy interview, Cheyenne Catholic Bishop Paul Etienne explained what the Holy Father’s call to action will mean for the largest U.S. coal producer. “I’ve already begun to receive questions from Catholics within the state ...

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Texas solar company shining across the nation

Austin, Texas-based solar company Circular Energy is branching out of the lone star state and headed east in a new business venture. A national provider of solar energy solutions for commercial and industrial customers, Circular Energy recently announced its expansion to Massachusetts, New York, Connecticut and New Jersey. In a press release, Circular announced Rob Liflander will lead the expansion ...

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US oil production could hit 45-year high

On Tuesday the Energy Information Administration (EIA) released its production forecast through the year’s end and it looks like the United States will have the most productive year for crude in over four decades. As reported by The Hill, the EIA forecast put the average U.S. crude production figures for the year at an average of 9.5 million barrels per ...

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Odessa Pumps under new ownership

A recently-announced transaction posed a win-win situation for DistributionNOW and its newly-acquired pump fabrication company Odessa Pumps, the Odessa American reports. DistributionNOW CEO Robert Workman said the acquisition will allow the company to expand its services further, while Odessa Pumps co-owners Toby and Sondra Oeff say will offer security and aid their business during the downturn. Although the exact terms ...

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