Oil supply slack limits danger to U.S. recovery
The piece argues that despite rising crude prices from North Africa and the Middle East, ongoing slack in global supply plus strong domestic prospects keep the U.S. recovery on track. It cites Saudi production potential, Gulf of Mexico safeguards, shale reserves, and higher U.S. rig activity as factors mitigating a regional crisis and futures spikes.
MENTIONED IN THIS ARTICLE
Ments
North Africa
Middle East
U.S
Saudi Arabia
Canada
Mexico
Libya
Permian Basin
Texas
Gulf
U.S. Geological Survey
Green River
Colorado
Clayton Williams reports 2010 profit and 2010 fourth quarter loss
Clayton Williams Energy Inc reports a 2010 net profit of 36.9 million and a 2010 Q4 net loss of 5.3 million. Oil and gas sales rose by 84 million from 2009. Concho Resources signed to sell Bakken assets to Linn Energy for 196 million, expected close by Q1 2011. EPI Firecreek/S energies sold Ward County property for 2.5 million. Enterprise Product Partners buys a 39 mile CO2 pipeline to convert to crude service, extending Reeves County Texas to Lea County New Mexico, handling up to 54,000 bpd.
MENTIONED IN THIS ARTICLE
Clayton Williams
Clayton Williams Energy Inc
Midland
Claytonwilliams.com
Concho Resources Inc
Defininiconcho i
North Dakota
Enterprise Product Partners LP
West Texas
Reeves County
Texas
Lea County
N.M
Bone Springs
Avalon
Cushing
Oklo
Building Permits Summary February 21 25 2011
The week records 33 permits valued at 962 220 across residential new builds alterations and commercial work. Notable projects include Permian Homes LLC at 3410 Valverde Ave and Betenbough Homes at 9513 Lamar Ave. Walmart store roof work and High Plains Apartments additions are listed among commercial permits. Year to date totals reach 223 permits worth 9 107 989.
MENTIONED IN THIS ARTICLE
WEW Residential
Permian Homes LLC
Valverde Ave
Robert Wilburn
Laredo Drive
Betenbough Homes
Lamar Ave
Lamar Court
Walmart
Loop 338
High Plains
Andrews Highway
Wendell Campbell
S. Grandview Ave
Mane
Kermit Highway
Gilbert Rodriguez
Hanley St
Tax Facts for 2000 Filing Deadlines and Deductions
A concise summary of 2000 tax rules including personal exemptions of 3650 each, standard deductions 11400 for joint returns, 5700 for singles, 8400 for heads of household, and higher amounts for age or blindness. Also notes AMT thresholds 72450 married, 47450 single, tax brackets from 10 to 35 percent, earned income credit limits by family size, and capital gains rules for low brackets.
Midland College PPDC offers multiple oil and gas courses
Midland College Petroleum Professional Development Center announces a March into April schedule for continuing education in the Permian Basin. Courses include Sucker Rod Failures, Oilfield Terminology, Red Pumping, Land Management, Mineral Deeds, PETRA, Joint Operating Agreement provisions, and Well Control, with in person classes at the PPDC Building 105 W Illinois and online options.
MENTIONED IN THIS ARTICLE
Midland College
Petroleum Professional Development Center
PPDC
Midland.edu
Illinois
W. Illinois
W. Illinoi
Petroleum Land Management
Illinois Aapl
Petra
AAPL
Aapl Credits Pending. Well Control School
Phdwin
Internet
Newpark Resources to buy Rheochem unit
Newpark Resources Inc. plans to buy Rheochem PLCs drilling fluids and engineering services unit for up to 45.8 million dollars in cash. The deal includes 24 million paid at closing in Q2 and a potential increase to 45.8 million if performance targets are met. Rheochem is based in Australia with operations in Australia, New Zealand and India.
MENTIONED IN THIS ARTICLE
Woodlands
Newpark Resources Inc
Rheochem PLC
Newpark
Rheochem
Australia
New Zealand
India
Also Mentioned on This Page
Gulf of Mexico
Economist
M. Ray Perryman
Perryman
Perryman Group
International Institute For Advanced Studies
Business News
Concho
Bakken
Enterprise
Epplp.com
Perchia Jones
Hudson Ave
Eddie Dominguez
48Th St
Sonia Venegas
Broughton Ave
Jim Hollow
Springdale Drive
Mario Morales
Maureen McGowan
E. 35Th St
Galindo Michael Medina
Billy Petty
Rosewood Ave
John and Carol Bushman
Palo Verde Drive
Tory Ramirez
Adams Ave
den and Bath
Javier Guevara
Oak Ave
Carport
Guadalupe Hinojos
Lasseter
Claudia Morales
Jonathan Portillo
Brentwood Drive
Kelly Schroeder
Pagewood Ave
Albert Cruz
Lemonwood Lane
Kenny Elliott
Hadden Drive
Pepes
10Th St
THE
Associated Press
LynnCo Land Clearing LLC
P.O
Odessa
Newpark Resources
Rheochem Unit
aTatte
Mobile Analytical Laboratories, Inc
Giddings
Angels Care
Polo Park
Angels