News

Jobs slowly return to oilfield services

Jobs slowly return to oilfield services

Rebecca Carballo, Houston Chronicle l November 9, 2020

The number of workers at U.S. oil-field services companies inched up during October in another sign that the industry is stabilizing during the ongoing downturn.

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City of Carlsbad: A ban on hydraulic fracking would be harmful

City of Carlsbad: A ban on hydraulic fracking would be harmful

Dale Janway, Carlsbad Current-Argus l November 8, 2020

While there are numerous political issues of great concern to Carlsbad and Eddy County residents right now, one of the biggest is the discussion related to a possible ban on fracking on public lands.

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

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

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

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

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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