News
Railroad Commission spends millions plugging hundreds of orphan wells
The Railroad Commission of Texas, the state’s regulator of the oil and gas industry, spent millions of dollars plugging hundreds of wells in 2016, but it still fell short of its goal to plug nearly...
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Pipeline protesters in West Texas asking for help from Standing Rock
Protesters were arrested in West Texas on Tuesday morning in front of a pipeline being built from the Permian Basin to Mexico. Members of the Big Bend Defense Coalition were protesting Dallas-based Energy Transfer Partners...
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New chief of Texas oil and gas commission believes Trump will bring welcome change
Christi Craddick, who on Tuesday was elected new chairman of the Railroad Commission, said she welcomes the change she expects from President-elect Donald Trump. “They at least get us, I hope, as an industry,” Craddick...
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Market Currents: OPEC promises vs. OPEC realities
The crude complex is finally taking a breather after the recent OPEC-sponsored rally. We’re now faced with the juxtapositioning of rising OPEC output versus promised cuts; something which could well become a recurring theme over...
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Mexico oil auction succeeds in drawing world’s biggest drillers
Mexico’s first competitive deep-water oil auction surpassed expectations as eight of 10 blocks were awarded to some of the world’s top oil companies. The National Hydrocarbons Commission awarded all four blocks in the oil-rich Perdido...
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