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Tag Archives: Odessa

Top 5 Permian 4th of July festivities

If you find yourself near the Permian Basin this weekend, you’re in luck— the area is rife with Fourth of July activities ranging from nostalgic, star-spangled celebrations, spectacular fireworks shows and even a unique intergalactic festival for those who “want to believe.” Check out what’s firing off in your neck of the woods: Amarillo Boasting the Panhandle’s largest fireworks display, ...

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Top 5 stories of the week

Here were the top five stories for the week of June 29 to July 3. Have a safe, fun and all-around wonderful 4th of July! 5. Far from over: 11,000 jobs on the chopping block Even with the promising signs that the oil slump is subsiding, oil and gas workers in Oklahoma may suffer another wave of job cuts by ...

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Odessa car theft results in multiple stab wounds

A 22-year-old man sustained serious injuries in a stabbing that erupted Wednesday after he tried to retrieve his stolen car. The Odessa American reports Jose Pinon-Arroyo was pumping gas at a Stripes gas station on West University in Odessa when a man stole his gold Ford Contour and drove off. Pinon-Arroyo later spotted the suspect inside the stolen vehicle and ...

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Odessa mulls annexation

odessa, tx sunset

City of Odessa officials are once again considering annexing industrial land as part of a continued effort to smooth city boundaries and shore up the municipal tax base. Last year, the Odessa City Council scaled back annexation plans after protests from some business owners such as Dick Sivalls of Sivalls Inc., who were worried about the impact of local building ...

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Volkswagen goes to Midland auto dealer

The Sewell Family of Dealerships sold its Volkswagen franchise to auto dealer Chris Robin sending it to Midland instead of Odessa but may also speed up a delayed Sewell dealership in east Odessa. Terms of the deal, reached Monday, were not disclosed. Collin Sewell, president of the Sewell Family of Dealerships, said he decided to sell the Volkswagen rights after ...

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Council grants Summit land extension

The Odessa City Council on Tuesday granted a request from Summit Power Group to extend a deal allowing the company to build a clean coal power plant near Penwell. The terms of that arrangement were set to expire on June 30, but Summit representative Laura Miller told economic development officials earlier this month they wanted to extend the deal through ...

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Hotel rates plummet with oil drop

When Sleep Inn and Suites opened a few weeks ago along Business 20, its owners found themselves entering a far different market than they anticipated. The investment made sense back in 2013, when hotel rates notoriously climbed as high as $250 a night during the frenzy of an oil boom, said Jay Patel, a co-owner and manager. But that was ...

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100,000 gallon LNG facility to open in Odessa

Two companies plan to collaborate on a new LNG liquefaction facility in Odessa, American Energy News reports. The facility will be one of five similar facilities planned in a joint venture between Stabilis Energy and Flint Hill Resources LLC., all of which will be modeled after a 100,000-gallon-per-day plant the companies recently opened in the Eagle Ford shale play. The ...

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Apartment rents drop, complexes promote specials

Signs of the oil and gas downturn’s affect on the apartment market in Odessa began cropping up throughout town in recent weeks — “Now leasing.” For the first time in years, apartments are advertising move-in specials and cutting rates, according to Rhonda Lesley, executive of the Permian Basin Apartment Association. Offers include no application fees or administrative costs, a free ...

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