The Permian Basin may have a modern day version of Bonnie and Clyde on their hands after multiple oil field thefts have been reported to authorities recently in a three-county area of West Texas. The thefts have gotten so staggering that the El Paso division of the FBI has been brought in to help identify stolen oilfield equipment and suspects. ...
Read More »Tag Archives: Midland County
Falling oil prices to cause Midland County sales tax revenue drop
We are quickly finding out that the benefits of falling oil prices are few and far between, especially when it comes to local and state governments. Companies and government entities alike are being forced to make unwanted budget and job cuts. Oil-booming towns are having to make budget proposals based on current oil prices, which is causing cities like Midland ...
Read More »Rig count drops in the Permian
The Permian Basin’s rig count dropped by 20 to 548 last week, according to Baker Hughes weekly rig count. District 8, which includes Midland County, is down 19 rigs to 316. Statewide the Texas rig count was down 24 rigs as of last week, bringing the total to 872. In Texas’ Eagle Ford shale the rig count dropped by two, ...
Read More »BRIEF: Taking care of the hungry in Shale Country
The Texas Tribune’s series on the resurgence of the oil and gas industry across the state — a Shale Life — recently took an interesting look at Midland and how “some fall short in the land of plenty.” The Tribune did a good job reporting from Breaking Bread Kitchen and telling the tale that not everything is rosy to everyone ...
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