Seed corn and tough budget choices for Texas ahead
The Legislature faces a large budget gap with a $72.2 billion revenue forecast and spending likely exceeding revenue if current patterns persist. Education and health care top the potential cuts, though experts warn that trimming these areas risks higher future costs and reduced growth. The Perryman Group’s M. Ray Perryman argues for careful funding in Medicaid CHIP mental health and public-private programs, plus attention to education as seed corn for long term prosperity.
MENTIONED IN THIS ARTICLE
Texas
Oil and Gas Training at Midland College PPDC Schedule
Midland College PPDC releases a full slate of oil and gas continuing education courses for Feb and March. Courses cover production basics to legal and financial methods with IHS and AAPL credits, deadlines Feb 8 22 28 and March 1 3 7 10.
MENTIONED IN THIS ARTICLE
Midland College
Petroleum Professional Development Center
PPDC
Midland.edu
Illinois
IHS
W. Lilinois
Petra
Out of State
Midland Col*lege
AAPL
Illinois Oil and Gas Law
Illinois Petroleum Geology
Permian Basin Drilling Report Jan 26 Feb 1 Approvals
Texas Railroad Commission approves numerous permit applications across Midland, Ector, Glasscock and surrounding districts. New drills named for Adventure Exploration, Apache, Cholla, Cimarex, Devon, Energen, EXCO, Crownquest, Laredo, Legacy, Pioneer, PDC, Sandridge and many others with multiple wells peaking in Glasscock, Martin, Reeves and Andrews counties. Active recompletions noted including Mabee and Goldsmith units. totals span dozens of leaseholds and operators in the Permian Basin.
MENTIONED IN THIS ARTICLE
Texas Railroad Commission
Basic Energy Services reports 2010 fourth quarter and yearly losses
Basic Energy Services Inc of Midland posted a net loss of 3 million in Q4 2010 and 9 million for the full year. The company plans about 136 million in capital expenditures for 2011, with 51 percent for expansion, 29 percent for replacement, 13 percent for maintenance, and 7 percent for reimbursement and G&A. It employs over 4,500 across 100+ service points in oil and gas markets. Renal Ventures Management LLC, a dialysis operator in Odessa, received 30 million in Goldman Sachs funding to expand facilities and ventures in the area, aiming to centralize clinic operations for local physicians. Patterson-UTI Energy agreed to sell its Universal Wireline Inc. subsidiary to Grayerarrensonam Wireline Services Inc. of Fort Worth for 25.5 million. Patterson-UTI provides onshore drilling and pressure pumping in North America.
MENTIONED IN THIS ARTICLE
Basic Energy Services Inc
Midland
BASIC
Basicenergyservices Com
Odessa
Goldman Sachs Group
Lakewood
Colo
Renal Ventures
Renalventures
Patterson-Uti Energy
Wireline
Universal Wireline Inc
Gray @erarrensonam Wireline Services Inc
Fort Worth
Patterson
North America
KiOR Wins DOE Backing For Four Biofuel Refineries
KiOR a Pasadena based biofuels firm received about 1 billion in loan guarantees from the U S Department of Energy to build four refineries two in Mississippi one in Georgia and one in Texas. Money funds plants in Newton and southwest Mississippi and supplements a 75 million state loan approved by the Mississippi Legislature last summer. The project aims to convert timber products into a crude oil substitute.
MENTIONED IN THIS ARTICLE
Jackson
Miss
Kior
Newton
Mississippi
Also Mentioned on This Page
Health and Human Services
Economist
M. Ray Perryman
Perryman
Perryman Group
International Institute For Advanced Studies
Permian Basin Drilling Report
Adventure Exploration Ptrs
Lic
Axp
Axp “B
Apache Corp
Gibson
Glasscock
Hartley
Srd
Reagan
Swordfish
Tx! North
Ector
BC Operating Inc
University
Beach Exploration Inc
Crockett
Benson & Schoen Oil Co. Inc
Jacoby-Potter
Menard
Berry Oil
Gardendale
Meiner
Berry Oil Comp
Neal, Upton
Broad Oak Energy Inc
Lane Trust
Browning Oil Co. Inc
Holladay State
Pecos
Petroleum Inc
Barbee
BH. Jr
Sterling
Reenter
Chesapeake Operating Inc
Monroe
Ward
New
Chevron U.S.A. Inc
Lupin Txl Fee
Cholla Petroleum Inc
Springer Wilson, King
Cimarex Energy Co
Skinner
Cog
Benge
Arch
Cowden
Upton
Gatlin
Mary
New Dri
Neal Ranch
Parks
Pegasus
New Dril
ConocoPhillips Co
Millard
North Penwell
Crownquest
Billie Cox
Martin
Roy
Devon Energy Production Co. L.P
Aunt Bee
Rose Marie
Andrews
New Drill
Dyad Petroleum Co
Agostino Cacciavillan
Gaines
Element Petroleum Operating
Fryar
Howard
McCrary
Endeavor Energy Resources L.P. Glass
Energen Resources Corp
Ham “B.” Reagan
Lea. Smartt
Mitchell
Neches
Fiml Natural Resources
Lie
Concho
Irion
Highland A
Highland E
Mustang Draw Ltd
Salt House A
Griffin Petroleum Co
Lost Draw
Henry Resources Ltc
Kimberly
Highmount Expt & Prod
Texas Lic
Bloodworth
Sutton
Marignano
Schleicher
Palmer
Powell
Randee Fawcett Trust
Birdie Mac
Currie Trust
J. E. Cox
Lazy E
Moore
Lario Ol! & Gas Co
JB Tubb
Crane
Legacy Reserves
West Jordan
Legado Permian
Goldsmith-Landreth
San Andres
Goldsmith Landreth
Linn Operating Inc
Manhattan Petroleum Inc
Sibley
Culberson
Merit Energy Co
Scott
F H
Mid-States Operating Co
Wigley
Midland, New Drill
Myco Industries Inc
Nadel and Gussman Permian
L.lc
John Thomas Fee
Occidental Permian Ltd
Cogdell Canyon Reef
Scurry
Denver
Yoakum
Opal Resources Operating Co
Oxy USA Inc
Worsham
Queenbee
Paint Rock
Lie, Russell, Menard
PDC Energy
Roy Parks
Pioneer Natural Res. USA Inc
Donald L Hutt
Donald L Hutt ‘C,” Midland, New Drill; Donald L Hutt Fee
Ellis
Lloyd, Glasscock
McMorries
Rufus
McNew
R K Petroleum Corp
John
Reliance Energy Inc
Mabee
Mabee P. Martin
Royalty Land & Dev. Co. Inc
Lois Blalock
Samson Lone Star
Sandridge
Ashton-Nws
Hancock
J. E. Parker
Landreth C
Landreth D
Nix South Unit
Parker Minerals
Phillips University Fla
South Fuhrman Masche
Thornberry
Sharp Image Energy Inc
Vonroeder 75
Shenandoah Petroleum Corp
Duke “A
Lynn
Sheridan Production Co
Howard W. G S
Ginny
Kent
Sundown Energy Lp
Hutchings Stock Assn
Tema OH and Gas Co
North Wright
Cochran
Reed Wright
Hart
St We Midland
Ttenal Ventures Management
Healthcare Company
Renal Ventures Management LLC
Patterson Sells
Patenergy.com
Biofuels Company
DOE
THE
Associated Press
Rir
Odeasa
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