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Tag Archives: oil and gas

More good news for Colorado employment

Unlike that of its neighbors to the north, Colorado’s job and employment outlook offers a cause for optimism. The Denver Business Journal reports that the state added 12,200 jobs just in February–nearly double Colorado’s monthly average addition of non-farm jobs–and has maintained an unemployment rate of 4.2 percent for three months. Brian Lewandowski, associate director of the Business Research Division ...

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Texas high court hears case on gas royalty payments

AUSTIN – Chesapeake Energy went to the Texas Supreme Court last week to defend how it deducted post-production costs from royalty checks in a case that is being widely watched by the oil and gas industry and property owners suing the company for millions of dollars. Chesapeake is appealing a San Antonio appeals court ruling from 2014 upholding a state ...

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Editorial: Taking a deeper look at safety of fracking

When Sen. Fran Pavley pushed the toughest fracking regulations in the nation through the Legislature in 2013, she insisted on requiring a statewide environmental impact review of the practice. If it showed a need for tougher laws, the Agoura Hills Democrat said she would lead the charge. The facts are trickling in, and Pavley may want to start looking for ...

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Midland school’s to receive grade A support from Texas oil and gas companies

school

Midland’s school system is garnering support from a group of heavy hitters in the Texas oil and gas industry. Concho Resources, along with Pioneer Natural Resources, Chevron, Apache and Cimarex Energy have teamed up to help strengthen and develop the school district for the future. The initiative aims to recruit young professionals and their families to Midland, a city heavily-reliant ...

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Many seeking a Master’s degree in the energy business

Austin Frye found work as a landman straight of Texas A&M, graduating in 2007 with an agriculture degree but benefitting from internships in the industry. The oil boom that followed cemented him in the industry, and he landed back home in Midland working for the major Permian Basin player Concho Resources. That job remains secure now, he said, even during ...

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Another victim of the price drop: Texas renewable energy

renewable energy

When the West Texas wind blows, 96 turbines at the Notrees Windpower farm churn to produce electricity that at full capacity can power up to 46,000 homes. That shows no signs of stopping, even though lately the plant faces dropping electricity prices. The same price drop that pummeled oil and gas activity also threatens investments in future renewable energy projects, ...

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