Texas oil and gas production and permits for Sept Oct 2013
Texas averaged 822 active land rigs as of Nov 15 2013 about 49 percent of US rigs. Over the last year Texas produced 666 million barrels of oil and 6.3 trillion cubic feet of natural gas. Preliminary September 2013 crude oil production reached 53.9 million barrels and gas well gas 463.98 billion cubic feet. The Railroad Commission set December 2013 gas production allowables at 7.73 billion cubic feet. October 2013 drilling permits totaled 1,735 with 1,517 oil and gas wells. Total 2013 year to date well completions stand at 21,432.
MENTIONED IN THIS ARTICLE
Austin
Texas
United States
Commission
Texas Railroad Commission
Oil and Gas Division
Texas Oil and Gas
Gift Card Buying Tips From BBB for Holidays
Patton, Regional Director of BBB Permian Basin, urges buyers to choose gift cards wisely. Review BBB Business Reviews, read fine print, beware fees and expiration dates, inspect cards, keep receipts, prove purchase, use promptly, and report lost or stolen cards to issuers.
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Patton
Permian Basin
Better Business Bureau
Bbb.org
National Retail Federation
NRF
Central
Texas
BBB
Venezuelan businessman charges dropped in kickback scheme
Venezuelan businessman Alireza Etessami had three conspiracy and wire fraud charges dismissed after restitution payments. The 2011 arrest was part of a seven defendant case over a scheme that funneled more than $20 million to secure oil transport contracts from Venezuela to Houston. Etessami was said to know of the kickbacks and to assist sending money to another defendant. Four co-defendants pleaded guilty.
MENTIONED IN THIS ARTICLE
Houston
Alireza Etessami
Venezuela
Etessami
Phillips 66 Opens $2 Billion Share Buyback Program
Phillips 66 board approves a new $2 billion share repurchase plan and notes total authorizations of $5 billion since Q3 last year. The Houston refiner aims to boost earnings per share by reducing shares outstanding, while critics claim repurchases may not lower share counts due to potential secondary issuances for employee compensation.
MENTIONED IN THIS ARTICLE
Phillips 66
Houston
Houston Company
U S Rig Count Rises to 1775 With Oil and Gas Rigs Up
Baker Hughes reports US active rigs up 12 this week to 1775 with 1397 drilling for oil and 375 for gas. Minor changes include Louisiana and Pennsylvania down two rigs each while Colorado and North Dakota down one. The peak was 4530 in 1981 and the low 488 in 1999.
MENTIONED IN THIS ARTICLE
Houston Oilfield
Baker Hughes Inc
Oil and Gas
West Virginia
Louisiana
Pennsylvania
Colorado
North Dakota
Arkansas
Kansas
New Mexico
Ohio
Wyoming
Permian Basin Drilling Report Sees Numerous New Drills
The Texas Railroad Commission approved multiple permit applications from Nov 28 through Dec 4 across Districts 70, 8 and 8A. Listed are Abaco Operating LLC Patricia Dawson New Drill. Apache Copeland 27 Glasscock New Drill. Brigham Resources Hall 28 Pecos New Drill. Devon Janice Ector New Drill. Energen San Jacinto NS 36-37 Glasscock New Drill. EP Energy University East Crockett New Drill with six permits. and many more from Cimarex, ConocoPhillips, Diamondback, Occidental, OXY USA, Parsley Energy, Pioneer, SandRidge, and XTO Energy among others.
MENTIONED IN THIS ARTICLE
Texas Railroad Commission
Abaco Operating LLC
Patricia
Dawson
New
Apache Corporation
Copeland
Glasscock
Frances Gunn
Howard
Weatherby
Reagan
Nichols
Sau
Sid North
Approach Operating LLC
Pangea West
Crockett
Athion Fe Operating LLC
Clark 1
New Drill
Brigham Resources Operating LLC
Hall 28
Pecos
New Dall
ConocoPhillips Company
University Andrews
Andrews
Devon Energy Production Co. LP
Janice
Ector
Diamondback E&p LLC
US Mason
Eagle Rock Operating Company LLC
Richter
Louis
Ward
Elco Oil & Gas
Hasty
Tom Green
Endeavor Energy Resources LP
Mabee
Midland
Cordes
Upton
Energen Resources Corporation
Sabine
Laredo Petroleum Inc
JE Cox-Blanco
Alloc
J.E.W
Glass 191
Merit Energy Company
Reed Brothers DE
Midenergy Operating LLC
Earnest ‘T
Midland Oil and Gas Inc
Richardson
Edwin S Explorations Inc
James T. Padgitt
Occidental Permian Ltd
Cogdell Canyon Reef
Kent
South Curtis Ranch
OXY USA Inc
Crane
University Carol
Martin
OXY USA Wtp LP
Sharon Ridge Canyon
Scurry
Parsley Energy Operations LLC
Shackelford
Piedra Operating LLC
Holt Ranch
Pioneer Natural Resources USA Inc
Brooks ‘A
Donald L Hutt C
Lemon
Cowden ‘F
Louder
Pitts Energy Co
Primexx Operating Corporation
Reeves
Resolute Natural Resources Co. LLC
Harrison State
Saga Petroleum LLC of
Colorado
Shipley Queen Sand
SandRidge Exploration and Production LLC
Munger Nix
Leona C. Andrews
University
Lockhart
Leona A. Andrews
Santo Petroleum LLC
Geraldine Kepler
Lubbock
Steller Energy & Investment Corp
Stewart
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Johnson
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Wise
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San Pedro Ranch
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