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Odessa American in Odessa, Texas

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Jan 29, 2017

Page

3

Permian Rig Upsurge Signals Oilfield Comeback

Oilfield workers like Mike Rasco return to Permian Basin jobs as rigs rise in response to higher oil prices and OPEC cuts. Noble Energy and Exxon Mobil expand in the region while BridgeTex Pipeline capacity grows. Local employment and business activity show cautious improvement with tentative signs of economic revival in Odessa and surrounding areas.

Thompson Mike Rasco Rasco Odessa Texas Oklahoma Permian OPEC Joseph Triepke Infill Thinking Permian Basin Plains-West Texas Noble Energy Clayton Williams Energy Exxon Mobil Magellan Midstream Partners Plains All American Triepke el Paso Albert Medina Ingham Texas Comptroller of Public Accounts ICA Properties John Bushman Collin Sewell

Odessa market eyes modest rebound after oil boom

Economist Ingham warns against rosy 2014-esque highs as Odessa’s economy shows a 40 percent drop since 2014. A $55 per barrel oil price is unlikely to jump to $100, signaling a gradual 2017 recovery with restrained oil activity and cautious sentiment from Rasco who hopes for a softer rebound and avoid another price surge.

Ingham Economist Odessa Rasco

Odessa College Trustees Set Meeting Agenda Tonight

Odessa College Board of Trustees will meet at 6 30 p m Tuesday in the Joe Zant Jr Community Room Saulsbury Campus Center 201 W University Blvd The agenda includes a Fab Lab grand opening Feb 1 at Sedate Hall a Black History Month schedule and Globe Theatre campaign finale The Globe Theatre aims to raise 750 000 for restoration, and other items include campus police badge pinning bids for sports center lockers and Dell servers, and renewal of Odessa College Foundation directors terms with May 6 board elections and Feb 17 filing.

Odessa College Board of Trustees Joe Zant Jr Saulsbury W. University Blvd Gregory Williams Sedate Hall Globe Theatre Jo Alvarez Dell Odessa College Foundation Globe Board Board of Trustees Bruce Shearer Richard Abalos Tara Deaver Shearer Abalos Deaver

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