Permian:

Oxy Sells, Buys Permian Acreage

Houston-based Occidental Petroleum (Oxy) said June 19 that it sold some of its holdings in the Permian Basin and used the proceeds to add to its acreage position in another area of the Permian in…

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Texas to Study Drilling Impact on West Texas Springs

The Texas Parks and Wildlife Department has embarked on an environmental study to monitor the effects of oil and gas drilling on the springs that feed a famous pool at Balmorhea State Park in West…

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Chevron CEO Expects Permian to Thrive for a Long Time

Chevron opened its bright new copper-colored Midland campus to its stockholders on Wednesday for its annual meeting in the heart of what is one of its most significant areas of operation. As other producing basins…

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Oxy Tests Supertanker at Port of Corpus Christi

A mammoth tanker docking May 26 at the Port of Corpus Christi was a historic event and a successful test. A 1,093-foot-long EuroNav tanker named the Anne docked at Occidental Petroleum Corp.’s crude oil export…

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WSJ: Permian Nat Gas Output Surging, Could Add to Glut

The oil-rich Permian Basin is emerging as a major source of new natural gas, a development that could deepen an existing glut and pressure gas prices for years. The West Texas region has become the…

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Apache to Have Water Studied in Alpine High Area

Houston oil and gas company Apache Corp. has hired the nation’s preeminent cave research institute to study the aquifers around Balmorhea State Park, home to the famous San Solomon Springs. In September, Apache announced it…

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