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Tag Archives: Odessa

Air Products begins building liquid nitrogen production facility

Container with liquid nitrogen

Air Products has begun construction on the $32 million liquid nitrogen production facility in the south industrial park of JBS Parkway. The Pennsylvania-based company closed on a land purchase for the property in September from Grow Odessa, better known as the Odessa Industrial Development Corporation. That came nearly a year after announcing the facility, which will produce about 250 tons ...

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Gas prices drop 7.5 cents since last week

Average retail gasoline prices in Midland/Odessa have fallen 7.5 cents per gallon in the past week, averaging $2.48/g yesterday, according to GasBuddy’s daily survey of 156 gas outlets in Midland/Odessa. This compares with the national average that has fallen 8.3 cents per gallon in the last week to $2.57/g, according to gasoline price website GasBuddy.com. Including the change in gas ...

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Summit: Redesign saved a couple hundred million

Summit Power Group say cost-cutting efforts for a clean-coal plant should be able to save hundreds of millions of dollars of the long-delayed project. The officials, in a closed-door meeting with city officials this week, said plummeting oil prices in the Permian Basin could relieve the labor market enough to reduce what had been prohibitive costs. Julio Friedman, the deputy ...

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Drilling permits stout despite oil price drop

Silhouette of working oil pump

Drilling permits statewide indeed dropped by about 50 percent from October to November, but a closer look at those figures, broken apart by region, offer less cause for sudden alarm realized earlier this week, according to an analysis of more detailed data provided on Wednesday by DrillingInfo, an industry data firm. October in the Permian Basin saw 1,192 drilling permits ...

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Price drop to curb boom

The oil price plummet has yet to settle, but already it should be enough to reduce industry activity and curb growth of the local economy, according to oil and gas experts and economists who study the region. The national benchmark price, the West Texas Intermediate, closed at $63.25 per barrel on Tuesday. That’s up from the low of about $62.50 ...

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Commissioners Court approves subdivision policy

the word policy

Ector County Commissioners voted unanimously Monday on a series of sweeping changes to a subdivision policy after more than a year of review. The most significant change requires developers to pave roads they construct and plans to dedicate to the county for upkeep. Another change forces developers to document water sources of their properties during the platting process. “Our policies ...

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Midland unemployment hovers near record lows

Crude prices may have fallen to around $77 a barrel, but the momentum of the Permian Basin’s oil and gas industry continues to flow through local labor markets. The Midland metropolitan statistical area had an unemployment rate of 2.5 percent in October, down from 2.6 percent in September, according to data released Friday by the Texas Workforce Commission. Odessa followed ...

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Council to consider $38 million for CRMWD water

The Odessa City Council on Tuesday will consider a resolution authorizing a $38 million proposal to pay for Colorado River Municipal Water District improvements to Ward County well fields. The proposal, favored by Mayor David Turner, seeks to provide additional water for Odessans should the Texas drought dry lakes users of the utility rely on. Turner has said he wants ...

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Drinking toilet water isn’t that weird, right?

Toilet flushing

While water supplies are scarce and aren’t cheap to find in West Texas, many have switched to the toilet-to-faucet technique. The Big Spring Raw Water Production Facility stepped outside the box and has found a way to bring drinking water to five cities, which include Odessa, Midland, Big Spring, Stanton, and Snyder. The toilet-to-tap concept was first thought of in 2002 ...

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Odessa oil fire burns flow line

Odessa

Odessa Fire and Rescue reported that black smoke from an oil fire billowed into the air just north of Odessa. The fire, which was just north of Odessa in Gardendale, is said to be caused by burning hydrocarbons from an overflow water line.  Battalion Chief Danny Wyatt suspects the fire was started by a nearby flare that ignited oil contained ...

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