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Permian Shale News

Starry, Starry Night . . . Oh Wait, That’s a Light Tower

Dark Skies Initiative, light pollution, LTR

Sponsored Content “The stars at night, are big and bright, (clap, clap, clap, clap), deep in the heart of Texas.” Well, not all the time. But if some professors, astronomers, and oil and gas companies have their way, the stars will be as bright as fresh mountain snow. If anyone has ever driven out to the drilling fields of west ...

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Halliburton hiring in West Texas

An oil and gas drilling rig operating in the Permian Basin near Farmington, New Mexico. (Image courtesy of Encana Corp)

According to FuelFix, Halliburton is set to hire 200 workers in the Permian Basin in West Texas and New Mexico. The Current-Argus reported that Halliburton spokeswoman Emily Mir said in late December there will be job opportunities throughout the Permian, including in Artesia. As the oil industry begins to see a small upswing, local businesses are crossing their fingers that ...

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Dallas Fed: Oil and Gas Activity Rises in Third Quarter

Dallas Fed, oil and gas activity

Surveys and reports from the Federal Reserve Bank of Dallas are now available for the third quarter. The business activity index – the survey’s broadest measure of conditions facing Eleventh District energy firms – was up from 13.8 in the second quarter to 26.7. While the survey still shows weakness in both industry employment and production, it does show some ...

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Apache may have struck big in West Texas

Apache, Texas oil discovery

DALLAS (AP) — A Houston driller is boasting of a big new oil and gas discovery in West Texas. Apache Corp. believes there could be 3 billion barrels of oil and 75 trillion cubic feet of natural gas in an area it calls Alpine High. The company announced its discovery Wednesday after two years of drilling in the largely undeveloped ...

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State looks to dismiss lawsuit over federal nuclear lab cleanup

Los Alamos National Lab, Los Alamos, New Mexico. (Image: Larry Lamsa via Flickr)

SANTA FE, N.M. (AP) — The New Mexico Environment Department is asking a federal court to dismiss a watchdog group’s lawsuit over a cleanup effort at one of the nation’s premier nuclear weapons factories. Nuclear Watch New Mexico filed its lawsuit in federal court in May, naming the U.S. Energy Department and Los Alamos National Security LLC as defendants. The ...

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AAA: Texas, nationwide retail gasoline prices up this week

gas prices, AAA, highway

COPPELL, Texas (AP) — Retail gasoline prices across Texas are up 3 cents this week to reach an average $2.04 per gallon. AAA Texas on Thursday reported the average price at the pump nationwide rose 2 cents this week, to reach $2.22 per gallon. Corpus Christi has the cheapest gasoline statewide at an average $1.95 per gallon. The association survey ...

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Utility wants New Mexico regulators to act on electric rate request

power-lines-997249_640

ALBUQUERQUE, N.M. (AP) — New Mexico’s largest electric provider wants state regulators to act on a proposed rate increase rather than delay a decision with more hearings. Public Service Co. of New Mexico filed a response Monday with the state Public Regulation Commission, saying extensive testimony and exhibits submitted over the course of the yearlong case provide enough information for ...

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Race for Facebook data center raises tax-break questions

Facebook data center, solar energy

SALT LAKE CITY (AP) — The race between a small town on the Rio Grande in New Mexico and a Salt Lake City suburb to entice a new Facebook data center with millions of dollars in tax breaks and subsidies is raising questions about public investments in a booming cloud-computing economy that typically brings few local jobs. In West Jordan, ...

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New Mexico confronts budget shortfalls amid oil bust

New Mexico budget shortfall

RED RIVER, N.M. (AP) — The full extent of New Mexico’s budget crisis came into sharp focus Wednesday as state economists described an 8 percent plunge in revenues during the fiscal year that ended in June and warned state lawmakers of a looming budget deficit during the current year. The mid-year snapshot of state finances set the stage for a ...

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The Latest: New Mexico approves Facebook power plan

solar-power-862602_960_720

SANTA FE, N.M. (AP) — New Mexico regulators have approved a power-supply plan for a proposed Facebook data center as the state vies with Utah to lure investments by the social media giant. The New Mexico Public Regulation Commission voted unanimously Wednesday to approve a plan from investor-owned utility Public Service Co. of New Mexico that would use new solar ...

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