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Permian Basin Gets Nitrogen Rejection Unit

Permian Basin Oil and Gas Magazine

The two companies share a mutual goal of advancing gas processing in the Permian Basin. BCCK specializes in engineering, procurement, fabrication, and field construction services. The post Permian Basin Gets Nitrogen Rejection Unit appeared first on Permian Basin Oil and Gas Magazine. An NRU takes shape in Texas.

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EON Energy acquires 94 percent interest in South Justis field in Lea County

Permian Basin Oil and Gas Magazine

Houston-based EON Resources, independent upstream energy company with properties in Permian Basin, said last week that subsidiary EON Energy agreed with WPP NM and Northwest Central to acquire all their interests in South Justis field in Lea County, N.M. EON is acquiring 5,360 leasehold acres with a total of 208 wells.

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EIA: Gas storage capacity increased in 2024 in U.S., declined in South Central

Permian Basin Oil and Gas Magazine

Demonstrated peak capacity, the sum of the largest volume of working gas stored in each storage field during the previous five years, rose 1.7 declined in South Central appeared first on Permian Basin Oil and Gas Magazine. Both increased in 2024. percent or 70 billion cubic feet to 4,277 Bcf. percent or 3 Bcf.

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Getting a Line on Wireline

Permian Basin Oil and Gas Magazine

Perhaps all four are at work today in the wireline industry in the Permian Basin, but certainly the fourth factor—consolidation—is making itself felt. Pintail is headquartered in Midland and is a leading provider of wireline services in the Permian Basin. It’s been a momentous 2025 for the wireline niche. on April 15.

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Hall of Fame to add four members: Connell, Hightower, Stephens, Worthington

Permian Basin Oil and Gas Magazine

Worthington were selected by the board of the Permian Basin Petroleum Museum. A native of Odessa, Hightower started work in west Texas oil fields as a teenager, he led such successful ventures as Titan Exploration, Pure Resources and HighPeak Energy, and he played a pivotal role in advancing directional and horizontal drilling technologies.

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Training our Local Workforce

Permian Basin Oil and Gas Magazine

It is true that the Permian Basin is, and continues to be, an area with lower educational levels than most of Texas. The Permian Basin has multiple technical training options available through Howard College, Midland College, Odessa College, UTPB, and other organizations, such as the Permian Basin Workforce Board and Skillpoint Alliance.

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Reusing produced water

Oilfield Technology

As fields age, they generate higher water to oil ratios. In some mature fields, 10 barrels of water are generated for every barrel of oil produced. However, it is becoming a problem in some onshore fields. This could force operators to stop production in previously profitable fields. The cost today is closer to US$0.15/bbl.