One of the Permian basin’s most dangerous intersections will be a lot less risky in two years, when the Texas Department of Transportation inaugurates an overpass on the west side of town at State Highways 302 and 115, according to OA Online.
Read MoreDay: January 24, 2021
Halliburton Delivers First Successful Grid-Powered Fracturing Operation
Halliburton Co. announced it has successfully deployed the industry’s first electric grid-powered fracturing operation. The job, being performed on several pads for Cimarex Energy Co. in the Permian basin, started in November 2020.
Read MoreWyoming BLM Decision Could Mean 5,000 New Wells
The Bureau of Land Management issued a decision that could generate billions of dollars for the American public and will strengthen domestic energy production and independence. The Record of Decision for the Converse County Oil and Gas Project allows the development of up to 5,000 new oil and natural gas wells within a 1.5-million-acre project area in Converse County, Wyo.,…
Read MoreU.S. Supreme Court Will Not Hear Minnesota Sands Case
The United States Supreme Court will not hear a case involving a Winona County, Minn., ban on frac sand mining. The denial means a previous ruling upholding the ban stands.
Read MoreThis Week’s Market Buzz
• Oil prices slipped at press time after industry data showed a surprise increase in U.S. crude inventories that revived pandemic-related fuel demand concerns, while U.S. stimulus hopes buoyed prices. Brent crude futures fell 3 cents to $56.05 a barrel. U.S. West Texas Intermediate (WTI) crude futures settled 18 cents, or 0.3%, lower at $53.13 per barrel.
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