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Don’t expect a rig hand to make a date on Valentines. He’s hopefully working on one of the 38 rigs in the field

  Don’t expect a drilling rig hand to make it to a Valentines date, because that’s the time of year they can make the most money. With freezing temperatures back, there’s only a month or so left in the winter drilling season before spring breakup, which usually...

New Mexico Senate endorses budget bill emphasizing savings during oil sector windfall

SANTA FE, N.M. (AP) — New Mexico would set aside well over $1 billion to guarantee tuition-free college and sustain government spending in case its oil production bonanza fades in the transition to cleaner energy sources under an annual spending plan endorsed by the...

Jared Kushner, former Trump adviser, defends business dealings with Saudi Arabia

NEW YORK (AP) — Jared Kushner, Donald Trump’s former White House adviser and his son-in-law, defended on Tuesday his business dealings after leaving government with the Saudi crown prince who was implicated in the 2018 killing of Washington Post columnist Jamal...

Oil and gas producer to pay millions to US and New Mexico to remedy pollution concerns

ALBUQUERQUE, N.M. (AP) — A Texas company has reached a multimillion-dollar settlement with the federal government and the state of New Mexico to address air pollution concerns in the largest oil and gas producing region in the United States. The agreement announced...

Despite being old enough to collect pension, the Weyburn Unit can still top production charts

Whitecap and Surge are within spitting distance of each in the race for the top conventional well in Saskatchewan. Additionally, despite being old enough to have collected a pension cheque for several years, the Weyburn Unit can still produce the top well in the...

Diamondback Energy to buy Endeavor in $26 billion deal to create a Permian drilling giant

Diamondback Energy will buy rival Endeavor Energy Resources in a cash-and-stock deal valued at about $26 billion to create a drilling giant in the Southwest United States. The transaction includes approximately 117.3 million shares of Diamondback common stock and $8...
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