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Permian.com
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PermianShale.com strives to provide the latest most comprehensive information and news regarding the shale energy industry.
PermianShale.com strives to provide the latest most comprehensive information and news regarding the shale energy industry.

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Wednesday Dec 16 - Jason Spiess will be live with Lynn Helms, ND Dept of Mineral Resources for the Weekly Bakken Get Together, exclusively LIVE on Bakken.com 's Facebook! Don't miss it! http://ow.ly/Qx6d30h1T9I

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U.S. producers applauded Thursday’s decision by the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers led by Russia to extend output cuts until the end of 2018, according to a recent Reuters article.

Texas and North Dakota - the two largest U.S. shale-producing states - described it as a boon for their producers. Their appreciation was in contrast to a more combative style in recent years, when shale states seemed to relish openly bashing the group.

Read the whole article...

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Energy Media Group, the parent company of Bakken.com, Marcellus.com, and four other energy-related news websites, announced today a partnership with The Crude Life Media Network. Now, the two companies will better be able to provide energy-focused content to its joint audiences.

Read the entire press release at Bakken.com.

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How do you measure customer service? When an elderly resident pleads for help, wouldn't it seem logical that the senior living facility who banks on its reputation as a "Five Star" facility, would do what they can to eliminate headache, heartache, and loss?

It seems logical, but management at Pueblo Norte Senior Living in Scottsdale, AZ ignored a horrid rat infestation in a resident's villa, resulting in near total loss of possessions as well as a myriad of other issues.

“I have had weekly nightmares of rats in my mattress, couch and throughout my house. I can’t fall asleep after I wake up from these nightmares,” Marcil said. Read more...

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While the gain in the rig count is less than it has been the past few weeks, today's number still shows an increase of 7 new rigs exploring for oil and gas, according to the latest numbers from Baker Hughes.
It isn't surprising that the Permian Basin is still the hot spot, with an increase of 7 new rigs for a total of 349 rigs currently exploring for oil and gas.

The Gulf of Mexico saw an increase of 1 new rig, while Alaska increased by 2, Colorado increased by 1, Louisiana gained 4, Texas gained 6, and Wyoming's count went up by 2. ND saw a loss of 1 rig, West Virginia and Pennsylvania each lost 2, and Oklahoma saw a big cut of 7 rigs. Read more...

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Odessa American writer Corey Paul talks Permian economics, as the Odessa City Council decides whether to grant Weir Oil and Gas a tax abatement and what could be more than $1 million in economic development sales tax money. Previous abatements granted by city leaders for such large capital investments lasted about five years with the abatement amount decreasing during that time period. Read more...

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LTR has locations in almost every major oil and gas producing area in the country, so it might seem strange that the majority of repairs are done at their Central Repair Facility in Cleburne, Texas, just outside of the Dallas-Forth Worth metro area.

But when asked why a Central Repair Facility (CRF) is important, manager Shawn Diamond had more reasons that we could count. But three reasons stood out: Faster Turnaround, Specialized Capabilities and Quality Control. To find out how the CRF in Cleburne is a big part of LTR's model of efficiency, read more on their website.

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How many of you commute to work? Stuck in traffic, or bored on the open road (depending where you live), do you text and drive? Have you driven home after a few drinks with the guys after a long day's work? We all know that to drive while intoxicated, distracted, or even when you know your vehicle isn't in the best working order can cause problems... even death.

It turns out, this is a problem that's even bigger in Texas. (Isn't everything bigger in Texas?) Researcher and writer Hannah Bessinger submitted this article about traffic fatalities, including a link to a really interesting infographic. She also includes some reasons why Texas consistently ranks higher than other places for traffic fatalities. Check it out here at Eagle Ford Texas

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The U.S. rig count continues to creep back up slowly, up ten Feb. 17, 2017, according to the latest Baker Hughes report. The rig count has increased for 5 straight weeks, reaching 751.

https://bakken.com/news/id/257317/rig-count-continues-to-creep-upward/
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