August 23rd is the deadline for nominations for the 2023 STEER Eagle Ford Excellence Awards! Help us honor the companies, organizations and partnerships that are working with the oil and natural gas industry to keep South Texas strong through investments in innovation and technology, while maintaining high environmental standards and providing for the communities where […]
The oil and gas industry is broken down into three sectors: upstream, midstream and downstream. We’ve covered the upstream and midstream: The upstream sector does everything needed to locate natural gas and oil and to bring it to the surface. The midstream sector transports and stores it. Now, we want to shed light on the […]
Like the human body, the oil and gas industry is a whole comprised of many moving parts. Each part has its own function, but that function is useless without the other working parts. For the oil and gas industry, the main parts are referred to as sectors, and there are three: upstream, midstream and downstream. […]
OPEC and its allies met over the weekend for a preliminary meeting before their June 25 26th official meeting as de facto leader Saudi Arabia indicated that the group is likely to maintain production cuts that have helped boost crude prices this year. Markets were mixed on the news as U.S. crude inventories continued to […]
The United States had 987 drilling rigs in operation at the end of last week. Texas ended last week with a total of 482 drilling rigs in operation. The Texas Railroad Commission issued 345 drilling permits last week to bring the 10-week rolling average to 314. Natural gas prices ended last week at an average […]
The United States had 1,025 drilling rigs in operation at the end of last week – an increase of 19 from the prior week. Texas gained 8 rigs to end last week with a total of 499 drilling rigs in operation. The Texas Railroad Commission issued 335 drilling permits last week to bring the 10-week […]
We are going to teach some definitions and terms to help professionals from industries other than those in the energy sector better understand the natural gas side of the petroleum business. When a company goes out to drill a well, they are generally looking for either oil or gas. If they drill a gas well, […]
The United States had 1,006 drilling rigs in operation at the end of last week. Texas ended last week with a total of 491 drilling rigs in operation. The Texas Railroad Commission issued 269 drilling permits last week to bring the 10-week rolling average to 329. Natural gas prices ended the week at an average […]
The United States had 1,026 drilling rigs in operation at the end of last week. Texas ended last week with a total of 501 drilling rigs in operation. The Texas Railroad Commission issued 392 drilling permits last week to bring the 10-week rolling average to 334. Natural gas prices ended the week at an average […]
Coalition of over 30 organizations, representing vast majority of Texans and variety of industries supporting virtually every aspect of Texas, joins together to support economic growth, oppose SB 421 AUSTIN – Over 30 organizations representing industries that employ millions of Texans and benefit the daily lives of everyone in the state have joined together in opposition […]
