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Exclusives

Target Logistics contracted for Permian work lodge

A new major project is underway in West Texas for workforce housing firm Target Logistics. Earlier today, the company announced that construction will begin immediately on a housing facility for “one of the world’s largest” oil and gas exploration and production companies. The announcement did not specifically name the company, but said occupancy should be available by early 2016. “We ...

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Marcellus permit activity in Pennsylvania, August 18th through August 23rd

The Marcellus Shale formation in Pennsylvania created a little buzz with the addition of 21 new permits last week.  However, the Carnegie Science Center shared some big news regarding additions to its science, technology, engineering and math education (STEM) program. If you love science, the center’s latest addition is something you will not want to miss.  The brand new Fab ...

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Top 5 Bakken stories of the week

In case you missed them, here are the top five stories from Bakken.com for the week of August 16th through August 21st. Enjoy! 5. U.S. approves landmark crude oil export swaps with Mexico WASHINGTON – The Obama administration will allow limited sales of U.S. crude to Mexico for the first time, a senior administration official told Reuters, marking another milestone ...

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Heitkamp: EPA methane rules harmful to Bakken, industry

Earlier this week the Environmental Protection Agency proposed new standards that would cut methane emissions from the oil and gas industry by 40 to 45 percent by 2025. U.S. Sen. Heidi Heitkamp (D-ND) said, “Energy production and clean air through reduced greenhouse gas emissions are not competing ideals, and efforts to reduce emissions don’t have to hurt our energy industry,” ...

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7 gifs from the oil field that prove even Joe Pesci couldn’t do the job oil

Without question, the oil and gas industry ranks among of the most tiring, intense and sometimes, dangerous fields of work. Flammable explosives are products at hand and the equipment used in the business looks more like industrial torture devices. It’s these elements that make oil and gas a prime candidate for internet insanity. Here are seven gifs birthed from the ...

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Team acquires Permian packer

Oilfield manufacturing company Team Oil Tools LP announced its acquisition of Permian oil packer Odessa Packer Services Inc. Thrusday. OPS provides downhole tool service throughout the Basin, which fits within Team’s focus of design, manufacture, sale and service of completion components. Team is assisted by Intervale Capital, an oilfield manufacturing and services private equity firm. OPS isn’t Team’s only recent ...

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Hurricanes long term impact on oil and gas in the Gulf

Almost ten years have passed since the Hurricane Katrina catastrophe. The damage caused cost between $96-$125 billion. Between cleaning up and prevention preparation, much remains to be done to prepare oil and gas development for future hurricanes. According to About News, “Hurricane Katrina affected 19 percent of U.S. oil production. Hurricanes Katrina, and previous Hurricane Rita, destroyed 113 offshore oil ...

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Clifford: NM will be OK

Despite dwindling oil prices, New Mexico will be alright. At least, that’s what Tom Clifford, head of the state’s Department of Finance and Administration said to members of the Legislative Finance Committee during their meeting today. In a report from the Associated Press, Clifford stated that although sinking fuel prices will continue to erode revenue, the state still has enough ...

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Family attacks EOG after water well explosion leaves permanent scars

EOG Resources and several other companies are facing a lawsuit from a family that suffered damages when their water well ignited into an immense explosion due to methane from nearby fracked wells. Desmog reports that the family of four, including a four-year-old child, her parents and her grandfather, were the victims of an explosion that occurred due to their water ...

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