Alejandro Perez, programmer, programming the end bell in ESPRIT. 2020 January-February Software Technology Texas 

New CAM Software Boosts Production, Saves Time and Money for Houston Seismic Equipment Maker

For the oil industry, efficiently finding and developing hydrocarbon resources is essential. In the ongoing search for new energy reserves, seismic data acquisition has emerged as one of the petroleum industry’s most reliable and commonly used technologies for finding subsurface oil and gas deposits. And the need for accurate and cost-effective seismic data acquisition technology continues to grow. GeoSpace Technologies,… Read More
Texas Petro Index Declines 8 Percent in 2019 #OilmanNEWS Alex Mills Contributors Exploration & Production Oil and Gas News Texas 

Texas Petro Index Declines 8 Percent in 2019

The oil and natural gas industry in Texas and the United States established record levels of production in 2019 and even became a net petroleum exporter for the first time since records have been kept. Crude oil production nationwide peaked at 12.5 barrels per day, and net petroleum exports were 89,000 barrels per day in September. Texas led all states… Read More
The combined companies bring vast experience and expanded offerings to the oil and gas markets #OilmanNEWS Mergers and Acquisitions Oil and Gas News Software Technology Texas Upstream 

WolfePak Software Acquires DocVue to Provide Comprehensive Data Management for the Digital Oilfield

ABILENE, TX – WolfePak Software, a portfolio company of Charlesbank Capital Partners and leading provider of accounting, regulatory compliance and automation software for the oil and gas industry, announced today its acquisition of DocVue, a provider of imaging, document management and workflow software. DocVue will operate as a standalone product division of WolfePak Software, furthering WolfePak’s commitment to deliver best-of-breed… Read More
Where are my Permian Barrels Going? 2019 July-August Shale Texas 

Where are my Permian Barrels Going?

“Capacity” – one of the most aggravating, yet one of the most common words coming out of West Texas and Southeastern New Mexico today. Production is at record highs, almost doubling within the past ten years, but exploration and production companies are having to ask themselves what they are going to do with the crude coming out of the ground.… Read More
Addressing Infrastructure Needs in the Permian Basin and Across America 2019 July-August Shale Texas Transportation 

Addressing Infrastructure Needs in the Permian Basin and Across America

It’s no surprise that with oil production in the Permian region quadrupling over the past eight years, the traffic in the Permian Basin has increased exponentially. According to a study by the Texas A&M Transportation Institute, there were four times the number of truck loads on the roadway than officials initially estimated. During this same eight-year period, Midland, Texas has… Read More
Policymakers Increasingly Intolerant of Criminal Activity Targeting Critical Infrastructure #OilmanNEWS Downstream Midstream Oil and Gas News Texas Upstream 

Policymakers Increasingly Intolerant of Criminal Activity Targeting Critical Infrastructure

In recent years, we’ve watched as environmental activists have adopted more aggressive tactics designed to block the development of infrastructure projects that benefit our nation, at times even taking destructive and violent action to stop the construction of pipeline systems and other oil and gas facilities in the United States. Demonstrations against the Keystone XL Pipeline and the Dakota Access… Read More
Texas takes action to address transportation infrastructure woes #OilmanNEWS Oil and Gas News Texas 

Texas Takes Action to Address Transportation Infrastructure Woes

After 140 days of intense work at the state capitol in Austin, the 86th Texas Legislature officially adjourned Sine Die on May 27, 2019. During this year’s legislative session, 7,324 total bills were filed for consideration — including 4,765 bills in the Texas House, and 2,559 legislative proposals in the Senate chamber, of which 1,429 bills passed out of both chambers.… Read More
Texas Petro Index March/Q1: Activity Down But TX Oil & Gas Economy Expanding #OilmanNEWS Oil and Gas News Texas Upstream 

Texas Petro Index March/Q1: Activity Down But TX Oil & Gas Economy Expanding

AUSTIN, Texas – Curious trends are happening in the Texas oil and gas industry, according to the Texas Alliance of Energy Producers March Texas Petro Index (TPI). Despite a decline in the March TPI to 212.4 and in the first quarter 2019, prices continue to improve and Texas crude oil production is still breaking records. A monthly measure of growth… Read More
US Oil, Gas Industry Sets Production, Export Records #OilmanNEWS Alex Mills Contributors Oil and Gas News Texas 

US Oil, Gas Industry Sets Production, Export Records

Texas has a reputation of being a leader in energy production from coast-to-coast. That reputation has grown internationally as Texas leads the nation with dramatic increases in oil and natural gas production and exports. The International Energy Agency (IEA) recently called the rise in production in Texas and the U.S. “the standout champion of global supply growth” and it expects… Read More
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