News

Permian Basin's oil and gas water sector continues growth in Texas and New Mexico

Adrian Hedden, Carlsbad Current-Argus l November 6, 2020

Investments in water midstream developments continued in the Permian Basin amid a growing need for water handling and recycling even as drilling operations slowed amid the COVID-19 pandemic.

 

 

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U.S. drillers add rigs for first time since March in strong recovery

Scott DiSavino, Reuters | November 2, 2020

The U.S. oil and natural rig count increased this week for the first time since March, with energy firms adding the most oil rigs in seven months, as shale producers start drilling again now that crude prices have recovered from historic lows.

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Pandemic to increase heating costs, natural gas use this winter

Paul Takahashi, Houston Chronicle l November 2, 2020

Natural gas use is expected to rise this winter as more people stay at home because of the coronavirus pandemic.

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U.S. Department of Energy: Oil and gas production to account for 68 percent of energy consumption over next two decades

Bethany Blankley, The Center Square | October 26, 2020

(The Center Square) – Over the next two decades, oil and gas production is projected to account for 68 percent of energy consumption in the U.S. and will play a key role in the energy transition to a low carbon future, according to a new report published by the U.S. Department of Energy.

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Oil and natural gas are our best bet for continued economic recovery

Dan Brouillette, The Hill l October 30, 2020

One of the emerging hot topics this fall is America’s energy future. There are distinct and divergent views on whether and to what extent we should transition from reliable fossil fuels such as oil and natural gas to more intermittent sources of energy such as wind and solar power.

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Op-Ed: Leasing ban would hurt economy, schools

Kelly Fajardo, Santa Fe New Mexican | October 29, 2020

Over the last decade, New Mexico has experienced an energy boom fueled by oil and gas development, approximately one-third of which is on federal lands. Managing these vast expanses of natural resources that lie beneath these lands has always required balance and practicality; but unfortunately, some candidates are suggesting policies that threaten to undermine this important economic contributor to our state.

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