Archives for August 2018
Texas gains three rigs while U.S. count stays flat
Texas gained three drilling rigs over the last week while the U.S. rig count stayed flat. Source: FuelFix
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Water use for fracking increased 767 percent in the Permian from 2011 to 2016
A new report shows that water use in hydraulic fracturing for oil and gas extraction in West Texas’ Permian Basin oil field increased 767 percent between 2011 and 2016. Source: FuelFix
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Talos announces plan for more Gulf of Mexico sites
Houston exploration company apparent high bidder on six deepwater and eight shallow spots controlled by Bureau of Ocean Energy Management Source: FuelFix
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Engie North America launches wind project in West Texas
The North American arm of the French electric utility company Engie announced it obtained $147 million in construction financing and $155 million in tax equity financing to build a wind project in Schleicher County near...
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Oil set for longest losing run since 2015 amid economy fears
Oil headed for the longest run of weekly declines in three years as turbulence in emerging markets and the ongoing trade conflict between the U.S. and China stirred fears that fuel demand may suffer. Futures...
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