Odessa oil show showcases efficient drilling and new gear
Thousands of industry personnel gather for the Odessa oil show featuring 750 exhibits on drilling mud systems low-emission pumps and automation. Halliburton Baroid Arrow Engine and American Warrior Petroleum buyers conduct deals over lunches as organizers promise low costs for exhibitors and rapid lead generation.
MENTIONED IN THIS ARTICLE
Gary Lankford
Halliburton
Baroid
Lankford
42Nd Street
O’brake
American Warrior Petroleum Co
Garden City
Kan
Odessa
Edwards
Permian Basin drives oil sector with tech push
The Permian Basin remains vital to OxyPermian with 35 percent of world production and 45 percent of proven reserves. Officials say the field could last 50 more years and fuel rapid tech adoption. Midland wildcatter Clayton Williams urged more wildcat drilling amid banker tightness and regulatory hurdles at a Society of Petroleum Engineers conference. The forum runs through today with a keynote by Texas Railroad Commission Chair Michael Williams on the oil industry’s state.
MENTIONED IN THIS ARTICLE
Permian
Patterson
Pat Oenbring
OxyPermian
Permian Basin
Denbring
Williams
TransPecos
Society of Petroleum Engineers
Texas Railroad Commission
Michael Williams
Texas
Rates rise in Treasury bill auction
The Treasury Department sold 17 billion dollars in three month bills at a discount rate of 1.630 percent, up from 1.585 percent last week. An additional 15 billion dollars was sold in six month bills, at 1.630 percent, up from 1.530 percent. Both rates were the highest since September 16.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Treasury Department
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Cecil O'Brake
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Mark
Clayton Williams Jr
Clayton Williams Energy
Permian Playhouse
Paul Zoeller
Dessa
Midland
Clayton Williams
Roler
BASIN
UG Ek
BBAGE
Texas Tech Health Sciences Center
4Th Street
Michael Ramsey
M.D
Laurence LO
Thomas McHattie
Givermen
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