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Tag Archives: Delaware Basin

Noble makes bold moves in the Permian

US rig count drops to 443 this week, Texas loses 7

With a recent Permian Basin acquisition worth around $6 billion, Exxon Mobil isn’t the only oil and gas company making waves in the new year. Noble Energy announced Jan. 16 it plans to acquire Clayton Williams Energy for $2.7 billion in Noble Energy stock and cash. The Noble Energy press release notes the acquisition will advance the companies goals within the ...

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Oil industry headlines from around Texas

Texas oil, pumpjack

From budget cuts to oil spills, here is the news from the Texas oil and gas industry this week. Oil spill photos are finally visible to the public Photos taken by the Civil Air Patrol of flood-related oil spills are now available to the public online, rather than requiring a login and password for the University of Texas website. The ...

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Anadarko to build man camp in West Texas

Anadarko to build man camp in West Texas

Anadarko Petroleum will open a new housing facility in West Texas near El Paso, according to the Houston Business Journal. The 77,190-square-foot man camp, located in Mentone, will be able to support 200 Anadarko employees and contractors, according to Target Logistics. The facility will include a basketball court, movie theater, game room, laundry facilities and a convenience store. A ribbon-cutting ...

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Wolfcamp Formation: Permian’s golden child?

Fracking site

A panel discussion at the recent DUG Permian Basin Conference and Exhibition cited their confidence in the basin to three factors: the acceleration of technological innovations, improving relationships between oilfield service companies and operators and the potential of the Wolfcamp formation. Unconventional Oil and Gas Center reports Dala Petroleum Corp. CEO E. Will Gray’s focus lies in the North West ...

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Loving facility to expand pipeline capability

pipeline

LOVING – A Texas based company, Rangeland Energy, will build a system designed to transport crude oil from the Delaware Basin to markets across the U.S. using an outbound rail and pipeline. “It’s nothing new happening out there, but it’s part of Rangeland’s master plan,” said Jay Jenkins, president of the Carlsbad Department of Development. Rangeland is developing its RIO ...

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Plains to extend its pipeline projects in the Delaware Basin

Image via Flickr

Houston-based Plains All American Pipeline announced last week that it plans to construct two new Delaware Basin pipelines and related gathering systems. The pipelines will allow Plains All American to expand its existing Blacktip station with the construction of a 20-inch loop line from Blacktip station to Wink. This new infrastructure will support Plains’ previously announced 24-inch pipeline loop from ...

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Oil Show: C&J Energy expanding, seeks 45K eyes of the oilshow

pumpjack

The oilfield services workers of C&J Energy Services want the oil-show to help them keep their name in any conversation about major fracking companies of the Permian Basin. Because by the time the show begins Tuesday, regulators are expected to be close to signing off on their $2.68 billion acquisition of Nabors Industries’ completion and production arm. The deal will ...

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Concho continues plan to double production within three years in Permian Basin

pump

Zack Ponce | Carlsbad Current-Argus CARLSBAD — Concho’s plans to double its development in the Permian Basin has already shown results for the company. And some job-seekers may be seeing the results soon, too. Concho’s “two-by-three growth plan” was implemented this year to double the oil company’s production in the Permian Basin within three years. “For Concho, the goal is ...

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