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Double-digit declines for rig count in Eagle Ford, Permian Basin
2015-02-07 13:12:11| Oil & Gas - Topix.net
Oil production took another hit in the Eagle Ford Shale and Permian Basin where the rig count fell by double-digits in both areas. Low crude oil prices are taking their toll in the Eagle Ford and Permian Basin, where the number of active rigs fell by double digits over the past week.
Another week of drilling declines in Eagle Ford, Permian Basin
2015-01-31 19:16:38| Oil & Gas - Topix.net
File photo of a a drilling rig towers above the scrub in South Texas' Eagle Ford Shale where the number of active rigs is in decline amid low oil prices. Drilling activity continues to slow down in both the Eagle Ford Shale region just south of San Antonio as well as the Permian Basin in West Texas.
Drilling activity continues to slow down in Eagle Ford, Permian Basin
2015-01-24 22:06:12| Oil & Gas - Topix.net
Crude oil prices managed to stay above $45 per barrel this week but drilling activity continues to slow down in both the Eagle Ford Shale-producing region just south of San Antonio and the Permian Basin in West Texas. Data released early Friday afternoon from the Baker Hughes Rig Count shows slight decreases in activity in both Texas and the United States.
Tags: activity
slow
continues
ford
5-year lows: Permian Basin Royalty Trust, Park Electrochemical Corp, W&T Offshore Inc, and ...
2015-01-19 04:19:58| Chemicals - Topix.net
According to GuruFocus list of 5-year lows , these Guru stocks have reached their 5-year lows: Permian Basin Royalty Trust, Park Electrochemical Corp, W&T Offshore Inc, and Koppers Holdings Inc. Permian Basin Royalty Trust Reached $9.80 The prices of Permian Basin Royalty Trust shares have declined to $9.80, which is only 9.7% above the 5-year low of $8.85. It is now 62.7% off the 5-year high of $23.74.
Tags: park
trust
corp
offshore
Enlink Midstream makes $100 million Permian Basin acquisition
2015-01-13 18:05:22| Oil & Gas - Topix.net
Dallas-based Enlink announced the acquisition of LPC Crude Oil Marketing, which includes refinery injection stations, a fleet of trucks, 67 miles of crude oil pipeline and crude oil purchase agreements. The transaction helps make Enlink a complete midstream solution in the Permian Basin in west Texas and southeastern New Mexico, officials said.
Tags: makes
million
acquisition
basin
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