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Permian Shale News

BLM plans to update 1989 oil and gas industry regulations

FARMINGTON — The Bureau of Land Management has announced proposed updates to its 25-year-old oil and gas regulations in an effort to help ensure states, tribes and taxpayers get fair royalty returns on resources taken from public lands. The proposed rule changes, announced Friday, will update the BLM’s “Onshore Oil and Gas Order Number 3 (Order 3),” which was set ...

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Court considers drilling moratorium

Environmentalists and oil industry representatives faced off in federal court on Monday over oil drilling in the Man-cos Shale near Chaco Culture National Historical Park in northwestern New Mexico. A group of environmental organizations filed suit last March to force the U.S. Bureau of Land Management to conduct a new environmental impact study on the effects of oil production in ...

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Millions of reasons to visit

The Texas Legislature’s reappropriation of $1,065,975 from the American Airpower Heritage Museum to the Permian Basin Petroleum Museum will fund an array of oil and gas industry-related educational programs at the museum located at 1500 W. Interstate 20 in Midland. Spurred by the Commemorative Air Force’s impending move to Dallas, the development is a boon to the Petroleum Museum, where ...

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Oil output from largest U.S. shale plays to fall 72,000 bpd -EIA

July 13 (Reuters) – Oil production from the largest U.S. shale plays is forecast to plunge some 72,000 barrels per day in August compared with the previous month, data from the U.S. Energy Information Administration showed on Monday. Oil production from the Permian play of West Texas and New Mexico, however, is expected to rise 5,000 bpd to 2.05 million ...

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Court: Oil workers not entitled to OT pay for daily commute

The New Mexico Court of Appeals ruled on June 25 that workers are not entitled to overtime pay for travel between their homes and job sites. According to the court documents, the case was between three workers who said they represented all other similar workers, versus their employer, J.W. Drilling Inc., based out of Artesia. The three workers are Julian ...

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TxDOT project under way in Odessa

Construction crews will be working in the area during the next few weeks as part of ongoing Texas Department of Transportation projects. According to a TxDOT news release, FNH Construction of Farmers Branch will be working in both Odessa and Kermit. Workers will repair concrete that holds decorative pavers in place at intersections on Highway 385 between Fourth Street and ...

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Sales tax Odessa sees lower sales tax revenue

The City of Odessa received its July sales tax check for $3,246,663.77. This includes the economic development sales tax of 1/4 cent. The City of Odessa will receive $2,597,331.02 and the Odessa Development Corp. will receive $649,332.75, a news release said. The city itself saw a decrease with July’s sales tax revenue total of $2,597,331.02, which reflects a $362,553.17 or ...

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Odessa Pumps under new ownership

A recently-announced transaction posed a win-win situation for DistributionNOW and its newly-acquired pump fabrication company Odessa Pumps, the Odessa American reports. DistributionNOW CEO Robert Workman said the acquisition will allow the company to expand its services further, while Odessa Pumps co-owners Toby and Sondra Oeff say will offer security and aid their business during the downturn. Although the exact terms ...

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Affidavit: Family was giving nephew a ride before shooting

Maria Pilar Regalado told her husband she was going to give her 17-year-old nephew Luis Rey a ride from their home before Rey reportedly shot her to death and attempted to shoot his uncle. Rey has been charged by the Odessa Police Department with murder and aggravated assault with a deadly weapon. He was being held Monday without bond at ...

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