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Wells Spudded Data Visualization

Wells Spudded Data Visualization

Data Map Accessibility The Railroad Commission of Texas (RRC) is committed to making its website accessible to all users. However, the inherent interactive nature of these maps make accessibility more difficult. The maps were created using Microsoft Power BI, which is accessible software. For more information on the tools’ accessibility features, visit the Microsoft website at https://docs.microsoft.com/en-us/power-bi/desktop-accessibility. If you use assistive technology and the format of these maps/charts prevents you from using them, contact the RRC’s Accessibility Coordinator by emailing [email protected] or contact the RRC through Relay Texas at http://relaytexas.com/.To enable us to respond in the most helpful way, please be sure to communicate the following:1) the nature of your accessibility problem;2) the format in which you prefer to receive the material;3) the web address of the requested material; and4) your contact information. For more information on accessibility, please see our Accessibility Policy. Last Updated: 1/24/2020 3:43:18 PM - See...
Drilling Permits Data Visualization

Drilling Permits Data Visualization

Data Map Accessibility The Railroad Commission of Texas (RRC) is committed to making its website accessible to all users. However, the inherent interactive nature of these maps make accessibility more difficult. The maps were created using Microsoft Power BI, which is accessible software. For more information on the tools’ accessibility features, visit the Microsoft website at https://docs.microsoft.com/en-us/power-bi/desktop-accessibility. If you use assistive technology and the format of these maps/charts prevents you from using them, contact the RRC’s Accessibility Coordinator by emailing [email protected] or contact the RRC through Relay Texas at http://relaytexas.com/.To enable us to respond in the most helpful way, please be sure to communicate the following:1) the nature of your accessibility problem;2) the format in which you prefer to receive the material;3) the web address of the requested material; and4) your contact information. For more information on accessibility, please see our Accessibility Policy. Last Updated: 1/24/2020 3:43:18 PM - See...

In the battle for the world’s biggest oil market, the U.S. has a new advantage

By Alex Longley on 1/20/2020 LONDON (Bloomberg) - The U.S.-China trade agreement is set to intensify the battle for the world’s most prized oil market. China’s imports of U.S. crude may reach 700,000 barrels a day or more this year, estimates from consultants show. That volume, 50% above the previous monthly record, would have put the U.S. among the top 10 suppliers to the Asian nation in the last month for which data is available. As U.S. exporters look to re-establish their trade with the world’s largest crude importer, American barrels will find themselves in fierce competition with supplies from regions that produce similar quality oil, like West Africa and the North Sea. It’s China’s appetite for that lighter, less sulfurous crude, as well as the possible removal of a 5% tariff, that’s likely to dictate exactly how much U.S. oil flows there. “If you look at the energy side it should translate into a rebound in Chinese imports of U.S. crude oil,” said Olivier Jakob, managing director of consultant Petromatrix GmbH in Zug, Switzerland. “If they come to realize what is written then a lot of the supply increase from the U.S. is going to go to China this year.” U.S. exports to China, which surged through July 2018, slumped as trade tensions between the two countries escalated. The Asian nation, which accounted for two-thirds of oil demand growth in 2019, imposed a 5% tariff on U.S. oil from September, making it less economical for refiners. Read...
EOG Resources sells saltwater disposal wells in New Mexico

EOG Resources sells saltwater disposal wells in New Mexico

Photo: Solaris Water Midstream LLC By Sergio Chapa - Published 4:00 am CST, Wednesday, January 8, 2020 Houston oil giant EOG Resources has sold nearly half of its saltwater disposal wells in the New Mexico side of the Permian Basin. EOG Resources confirmed the sale of 23 saltwater disposal wells and 300 miles of oilfield wastewater gathering pipelines in southeastern New Mexico to Dallas-based Oilfield Water Logistics. Financial terms were not disclosed but under the deal, EOG entered into a long-term contract with Oilfield Water Logistics for wastewater disposal services. In a statement, Oilfield Water Logistics CEO Chris Cooper said the deal compliments the company’s current operations and doubles its geographic footprint in the Delaware Basin, an area of the Permian Basin that includes parts of West Texas and southeastern New Mexico. Read...
Oil prices steady, on track for biggest yearly rise since 2016

Oil prices steady, on track for biggest yearly rise since 2016

Oil pumpjacks in the Permian Basin oil field are getting to work as crude oil prices gain. - Spencer Platt | Getty Images   CNBC.com - Published Mon, Dec 30 20199:38 PM ESTUpdated Mon, Dec 30 201910:24 PM EST - Reuters   Oil prices held steady on the final day of the year on Tuesday, heading for their biggest annual rise since 2016, supported by a thaw in the prolonged U.S.-China trade dispute and supply cuts. Brent crude futures for March delivery, the new front month contract, were at $66.66 a barrel, down 1 cent, by 0258 GMT. Brent for February delivery closed on Monday at $68.44 . U.S. West Texas Intermediate (WTI) crude for February was down 3 cents at $61.65. Brent has gained about 24% in 2019 and WTI has risen roughly 36%. Both benchmarks are set for their biggest yearly gain in three years, backed by a breakthrough in U.S.-China trade talks and output cuts pledged by the Organization of Petroleum Exporting Countries (OPEC) and its allies. Read more…  ...