Midland Basin

Another reminder that it costs more to coax the same amount of oil from new wells as for older wells nearby, with a closer look at the big plays and how the wells are completed.

ProPetro closed its deal to purchase Pioneer’s pressure pumping fleet, boosting its services in the Permian Basin.

As it works to increase production to 1 million BOE/D, Permian mainstay Pioneer is taking a methodical approach to sustaining capital efficiency.

The Irving, Texas-based supermajor plans to cash in on its expanded foothold in the Permian Basin, aided by a big reduction in the US corporate tax rate.

ExxonMobil announced an enhanced program to reduce methane emissions from its production and midstream facilities across the US. The program includes a commitment to switch out more than 1,000 high-bleed pneumatic devices over 3 years.

Avoiding debt problems and maintaining high-quality operations have kept Frank Lodzinski’s companies going through thick and thin.