Production of “West Texas Light” is surging, and now the Permian Basin’s newest kind of oil is headed overseas. As production exceeds the demand of US refiners, exports are expected to jump. Oil companies have sought to separate lighter and less sulfurous crude from West Texas and New Mexico wells, in order to maintain the… Read more »
With oil production in the Permian Basin booming at an unprecedented pace, several different companies are competing to build the much-needed pipelines that will carry all that crude oil to refineries on the Gulf Coast. The San Antonio-based company Epic Midstream Holdings, for example, was formed in 2017 with the express purpose of building and… Read more »
With recent estimates from the United States Geological Survey suggesting there are more than 46 billion barrels of oil buried in the shale formations of the Permian Basin, there’s no end to the region’s historic oil boom in sight. And while the stunning increase in oil production has been great for energy companies, it has… Read more »
Business is booming in the oil fields of the Permian Basin, and construction crews in Texas are working hard to expand the state’s oil transportation infrastructure in response to the surge in production. There are at least three new pipelines under construction that will carry crude oil from the Permian Basin to refineries on the… Read more »
Crude oil production is booming in the Permian Basin, but the region’s limited pipeline infrastructure is having trouble keeping up with the increased output. Within the next couple of years, however, a number of new pipelines are slated to begin carrying oil from the Permian Basin to refineries on the Gulf Coast. One of these… Read more »
The oil business is booming in the state of Texas right now. According to the Houston Chronicle, which cited an index that tracks energy activity throughout Texas, oil companies in the state have added approximately 12,000 new jobs in the last six months. This brings the total number of oil and gas-related jobs in Texas… Read more »
