Archives for December 2018
Drillinginfo to buy oil field billing & payment tech firm
Austin-based digital oil field service company Drillinginfo has announced plans to buy a tech company that specializes in billing and payment software for oil and natural gas companies. Source: FuelFix
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Oil set for weekly slump on concern about economy and oversupply
Oil was poised for a weekly loss on concerns that weakening economic growth and surging U.S. supply will lead to a surplus next year, overwhelming OPEC’s efforts to stabilize the market. Source: FuelFix
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Oil, stocks are locked together in a downward spiral
For all the talk of OPEC supply cuts and surging shale production, oil’s biggest problem is panic over the economy — and the correlations show it. Source: FuelFix
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Enterprise's Mont Belvieu plant could see $1.2 billion propane expansion
The Houston company behind the continent’s largest natural gas complex already had plans to grow its Mont Belvieu facility and now those plans could grow even bigger. Enterprise Products Partners is considering a new $1.23...
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Drilling Down: Houston company develops expertise in shallow horizontal wells
A Houston oil company continues to develop expertise in drilling shallow horizontal wells near Seguin and Luling. The Railroad Commission of Texas issued a drilling permit to Texas Petroleum Investment for a new horizontal oil...
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