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Tag Archives: Odessa

Home building booms despite oil drop

EDITOR’S NOTE — This is another in a continuing series of stories exploring this downturn and the challenges and opportunities this presents for West Texas. Fourth-grade teacher Michael McMillan hit a breaking point about three months ago in the form of another notice of a rent increase at his Cimarron Place apartment. He still paid less than the citywide average, ...

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Storms continue in Odessa

Rain struck the Permian Basin again Saturday morning leaving behind a few flooded streets and some power outages throughout Odessa. Douglas Cain, meteorologist with the National Weather Service of Midland, said that Saturday morning 0.16 an inch of rain was recorded. Cain went on to say that the Odessa/Midland area is about 4.72 inches ahead of our average rainfall for ...

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Trican lays off 137 employees

Trican

Trican Well Service recently laid off 137 employees based in Odessa, according to a notice filed with state regulators, representing another sign the strain of low prices on workers in the oil patch. The effective layoff date for the employees was March 20, according to a letter sent to the Texas Workforce Commission that was released to the Odessa American ...

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End of the line

Odessa, Texas

The oil boom brought a surge of building along the railroad passing through the heart of Odessa, harkening back to its history as a rail town. They were some of the biggest-dollar developments — and injections into the local tax base — including multi-million dollar investments that included a Weatherford International campus, giant storage tanks for frack sand and a ...

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Texas leads numerous census tables in growth

Texas

DALLAS — Two Texas cities are among the top five fasted-growing cities by percentage growth in the past year. The U.S. Census Bureau reports the Austin-Round Rock area in Texas is the nation’s third-fastest growing metropolitan area at 3 percent, followed by fourth-place Odessa, Texas, at 2.9 percent. Texas snagged the top spots in both numerical increase by person for ...

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Odessa oilfield pipe company lays off 78

Houston-based TMK IPSCO plans to lay off 78 workers at its oilfield equipment plant in Odessa in May, according to notice from the company to state regulators released on Monday. The plant threads pipe used in the drilling side of oil and gas activity, meaning the drop in the Permian Basin’s rig count immediately impacted the company, said spokesman Roger ...

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Oil dropped, what about rent?

Jesse Godfrey is one of many Odessans who saw the drop-off in oil and gas activity and wonders when the downturn will begin to show up in his living expenses. Godfrey pays $1,200 a month for his apartment, where similar units have risen to a rate of $1,500. The oil patch equipment inspector has lived in Odessa long enough to ...

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Rig cuts taper

The Permian Basin lost seven oil and gas drilling rigs in the past week, supporting expectations that the industry’s slowdown in the region is beginning to stabilize. The area had 355 drilling rigs running on Friday, according to the latest count from Baker Hughes. That meant the count stayed relatively flat, after losing just six rigs the week before. The ...

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Drop in oil prices leaves roughnecks at loose ends

DALLAS — The drive from Ken Mercer’s home in Tennessee to the oil fields of western North Dakota takes 20 hours if you drive straight through. Every month, Mercer, an Army veteran who served in Iraq, would make the trip as part of his two-weeks-on, two-weeks-off hitch with the Houston oilfield services company Patterson-UTI. Rotating 12-hour shifts aboard a drilling ...

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