Not only is West Texas and Southeast New Mexico home to the world’s highest producing oilfield, but the prolific Permian Basin production is enabling the region to have one of the fastest growing economies in the country, according to a recently released Permian Strategic Partnership (PSP) report. According to the PSP report, Permian oil and
Read More...Construction is expected to begin in late fall 2020 on a new wind farm in north-central Oklahoma, Kallanish Energy has learned. The 288-megawatt Maverick Wind Center will be built by Invenergy LLC, officials told the Enid News and Eagle newspaper. The $402 million facility in Major County is expected to begin service in December 2021.
Read More...The U.S. Bureau of Land Management has opened a public comment period for a proposed conveyor system on public lands to move sand for hydraulic fracturing (fracking) in the Permian Basin of West Texas and New Mexico, Kallanish Energy reports. The Kermit Overland Conveyor Project is being developed by Texas-based OLC Kermit LLC, a subsidiary of
Read More...CMS Energy has announced that it has purchased a majority stake in a 525-megawatt wind project in West Texas, Kallanish Energy reports. Aviator Wind in Coke County near Abilene will be operated by CMS Enterprises, a subsidiary of Michigan-based CMS Energy. It purchased the majority stake from funds managed by Ares Management Corp.’s Infrastructure and
Read More...The need for new infrastructure and the importance of American energy were the key messages during President Donald Trump’s speech during his visit to Midland-Odessa, the de facto capital of the Permian Basin. The president was in the world’s largest oilfield to tour an oil rig and speak to constituents about the importance of the
Read More...On Thursday, an intermediate appellate court in Texas reluctantly denied a petition filed by ExxonMobil that sought pre-suit discovery of attorney Matt Pawa and the California municipalities bringing public nuisance lawsuits against the company for the alleged damages caused by climate change. Although the Second Court of Appeals in Fort Worth ultimately dismissed the petition,
Read More...Last week, the Federal Energy Regulatory Commission issued a decisive blow to environmental activists by denying their motion to intervene in the approval process of the Double E Pipeline. The decision comes on the heels of a coordinated campaign to stop the construction of infrastructure across the country, amidst the COVID-19 pandemic. FERC first issued
Read More...U.S. solar industry jobs have jumped 167% in the last decade, from just over 93,000 jobs in 2010, to 249,983 jobs in 2019, according to the 10th annual “National Solar Jobs Census,” Kallanish Energy reports. The latest census, produced yearly by the nonprofit The Solar Foundation, found last year’s nearly 250,000-worker total was an increase
Read More...Flaring intensity in Texas is well below the historic highs of the 1950s and much lower than other nations around the world, according to a new Texas Railroad Commission report. As Commissioner Ryan Sitton, author of the report, explained: “Currently, Texas flaring levels – and flaring intensity – are notably lower than the rest of
Read More...Since the Endangered Species Act (ESA) was first introduced in 1973, environmental activist groups – like the Sierra Club and Center for Biological Diversity – have exploited the ESA as a tool to block infrastructure development and further an anti-fossil fuel agenda. In reality, these actions add burdensome costs to federal agencies that cut into
Read More...Joint venture partners WhiteWater Midstream, MPLX LP, along with lead investor in the Agua Blanca pipeline system First Infrastructure Capital, this morning announced a positive final investment decision to expand the Delaware Basin Agua Blanca system. The expansion includes a 42-inch trunkline that more than doubles system capacity to over 3 billion cubic feet per day
Read More...The Carlyle Group, an international private equity/investment firm and the entity behind efforts to build a $1 billion crude oil export terminal at Harbor Island, Port of Corpus Christi, Texas, is pulling out of the project. The Washington, D.C.-based company said in a statement it’s dissolved its relationship with The Berry Group, Kallanish Energy finds. The
Read More...Texas is about to go green — by 2020, more electricity will come from wind than coal, according to analytics/consulting firm Rystad Energy. Propelled by the surging shale revolution, Texas now contributes 40% of total U.S. oil production and nearly 25% of marketed natural gas production, Kallanish Energy reports. However, the “Lone Star State” is
Read More...Innovation and technological advances are changing the way that Texas’ oil and natural gas producers deal with produced water – water generated during development – according to a new report by the Texas Alliance of Energy Producers and co-sponsored by the Independent Petroleum Association of America. As TAEP’s John Tintera, a co-author of the paper,
Read More...Tom ShepstoneNatural Gas NOW … … The Pennsylvania economy has been driven forward by natural gas development; a fact that can’t be overstated according to a Wells Fargo Securities report. It is impossible to overstate the positive role of natural gas development on the Pennsylvania economy, according to the Economics Group at Wells Fargo Securities.
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