Tag Archives: Texas

Permian Seen Second to Saudis for Spare Oil-Output Capacity

The U.S.’s Permian Basin is looking like Saudi Arabia, with as much as 1 million barrels of spare oil capacity ready to go into production, according to Nansen Saleri, former head of reservoir management at Saudi Aramco, the world’s largest crude exporter. Oil producers in the Permian Basin have at least a combined 500,000 barrels […]

Read more

Oil Rises 1.8% To $65.61, Setting New 3-Year Closing High After 10th Straight Drop In US Crude Stockpiles

U.S. crude prices topped $65 a barrel for the first time since December 2014. Oil prices turned higher after the U.S. government reported the tenth straight weekly drop in U.S. crude stockpiles. U.S. crude prices topped $65 a barrel for the first time in more than three years on Wednesday after government data showed the […]

Read more

Will The ‘Digital Oilfield’ Still Need Roughnecks?

  An oil drilling rig pictured in rural DeWitt County, TX Industry insiders say the work might change, but companies will still need the people Some say oilfield workers of the future will need new tech skills, but that at the same time, their jobs will be easier. However it plays out, the industry’s digital […]

Read more

Predator Drilling Acquires Assets of J. B. Hunt Gas and Oil Drilling

PREDATOR DRILLING ACQUIRES ASSETS OF J.B. HUNT GAS AND OIL DRILLING Two Great Companies Prove the Sum is Greater Than the Parts Midland, Texas: Predator Drilling LLC, a subsidiary of Predator Drilling Inc. of Red Deer, Alberta, has acquired all assets of J. B. Hunt Gas and Oil Drilling of Midland, Texas in an all […]

Read more

To Our Friends in Texas and Louisiana

Like all of you, our team at Tradequip International watched with dismay as Hurricane Harvey wreaked havoc in your hometowns. The storm’s devastation in such a vast area has struck at the heart of the oil and gas industry. Now, and for years to come, it has drastically affected many of you who are our […]

Read more

Caterpillar Foundation Donates $300,000 to American Red Cross Relief Efforts as Texas Endures Hurricane Harvey

PEORIA, Ill. — As Texas battles one of the worst storms to hit the state in decades, the Caterpillar Foundation is announcing a $300,000 donation to the American Red Cross to aid in immediate relief efforts. Hurricane Harvey, which made landfall as a Category 4 storm, is producing life-threatening flooding for both coastal and inland […]

Read more

Texas Oil and Gas Jobs on the Upswing

  Oil companies across Texas increased payrolls by nearly 12,000 jobs in the six months through April. Experts attribute the increase to the industry’s steady recovery along with the shale boom in the Permian basin of West Texas. The latest gain over the last six months pushed the total number of oil and gas jobs […]

Read more

CK Power is Awarded the Exclusive Kubota Engine Distributorship for Oklahoma and North Texas

  CK Power is excited to announce that the company has been awarded exclusive Kubota engine distributorship for Oklahoma and North Texas. The new territory expansion joins CK Power’s existing Kubota territory of Eastern Missouri, Arkansas, Southern Illinois, Western Kentucky and Western Tennessee. “We are very excited about the new territory, we look forward to […]

Read more

Master Rig International Announces Completion of Jindal Drilling Rig Project

HOUSTON–(BUSINESS WIRE)–Master Rig International (MRI) recently completed an extensive and large-scale inspection, repair and re-certification of the Jindal Drilling Rig Project in Sabine Pass, Texas, USA. After initial inspections of drilling equipment, repair plans were developed and underway in late December 2015. Maintenance and re-certification of drilling equipment began on January 15th, 2016, and MRI […]

Read more

Conoco Phillips ships first LNG from Australian mega project

HOUSTON January 11, 2016 — The first cargo of liquefied natural gas has sailed from the mammoth Australia Pacific LNG facility in Queensland,  ConocoPhillips and its partners in the project announced early Monday. The shipment, carried on the 935-foot meter tanker Methane Spirit and bound for customer in Asia, is among the first in a wave of […]

Read more

Pump Manufacturer Moves Into New Facility

HOUSTON, TEXAS – CURFLO, a manufacturer of high-performance fluid processing pumps, parts, and components has moved into a new facility in Houston, Texas which will serve as their worldwide headquarters. From their new 32,000 square foot facility, CURFLO will manufacture ANSI G-Line and D-Line Series pumps as well as the following Centrifugal Mud Pumps: 118-Series […]

Read more

U.S. rig count rises by 10, international count down 28

HOUSTON — The U.S. oil rig count increased by six this week, with more rigs added in the Permian basin, according to Baker Hughes. The count had declined for 29 weeks until July 2, when oil companies began sending rigs back to oil fields in Texas and elsewhere. After U.S. oil prices settled near $60 a barrel for an […]

Read more