As a result of the impressive, “eye-popping,” and ongoing surges in Texas’s oil production over the last decade, the Lone Star State recently surpassed Canada’s oil output for the first time this year (except for a few previous outlier months when production in Canada dropped sharply, see chart […]
A Texas man died (Oct. 2019) from gas poisoning and his wife died shortly after while checking on him, investigators said in a heartbreaking announcement. Texas Oilfield Caps Jacob Dean, 44, responded to a call from Aghorn Energy to check on a pump house in Odessa, the Ector […]
U.S. crude oil production rose to an estimated record-high of 13 million barrels per day last week as the nation’s energy growth crossed a new threshold, according to a weekly report from the U.S. Energy Department. Awesome Oilfield Caps The increase production comes as the nation’s stockpiles of […]
After a long year of oil prices lingering around the $55 mark, they are finally climbing and now over $60 a barrel. Awesome Oilfield Caps OPEC’s production cuts and big trade deals being made by President Trump are just a few reasons for the end of the year […]
Not all oil wells are created equal. Some are blessed with better geology, while others have better teams of engineers, drilling rig operators and hydraulic fracturing crews using the latest technology and techniques to boost their productivity. Texas Oilfield Caps Out of the estimated 8,000 oil and natural […]
Oil in New York posted the biggest weekly gain since June after Saudi Arabia surprised the market with a significant supply cut beyond what was agreed to with fellow OPEC+ members. Awesome Oilfield Caps WTI settled 1.3% higher on Friday after Saudi Arabia’s Energy Minister Prince Abdulaziz bin […]
About 112 workers at Pumpco Energy Services in Odessa were laid off Nov. 25, according to a bulletin released Monday from the Texas Workforce Commission advisory, which also showed 85 layoffs from National Oilwell Varco in Harris County, comes after several weeks of declining rig activity in the […]
The fate of crude oil prices and the health of the U.S. energy sector heading in 2020 may be determined this week in Vienna when OPEC and its allies meet to determine whether to extend or deepen production cuts that have kept the market from crashing. Texas Land […]
What was originally reported as two turned into three people were injured when a trench collapses in Gregory. The incident happened just before noon Tuesday at a worksite near the Glades of Gregory apartment complex. Texas Oilfield Caps 👇🏽 The Gregory police chief Tony Cano said construction workers […]
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