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US taxpayers might be on the hook for pipeline protest costs

March 17, 2017

BISMARCK, N.D. (AP) — North Dakota officials appear poised to go after the U.S. government — and thus U.S. taxpayers — to recoup more than $38 million in state expenses related to months of protests against the Dakota Access pipeline, though a longstanding offer from the project’s developer to pay up is still on the table.…

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EPA withdraws Obama-era request for data on oil, natural gas

March 3, 2017

WASHINGTON (AP) — The Environmental Protection Agency said Thursday it is withdrawing an Obama-era request that oil and natural gas companies provide information on methane emissions at oil and gas operations.

EPA Administrator Scott Pruitt said the withdrawal is effective immediately, adding that he wants to assess the need for the information the agency has been collecting under a directive issued in November.…

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Trans-Pecos Pipeline protester found wanted in California

March 3, 2017

PRESIDIO (AP) — A protest organizer at the Trans-Pecos Pipeline in western Texas has been arrested after investigators discovered he was wanted in California.

Presidio County sheriff’s officials say the man initially provided fake social security cards indicating his name was Pete Hefflin, KOSA-TV reported. But after fingerprinting, authorities discovered he was 56-year-old Pedro Rabago Gutierrez, who has been wanted in California since 2007 for a parole violation.…

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Oil: Permian Basin Adds Rigs; Gaines has 3 Active within Boundaries Last Week

February 27, 2017

Activity in the Permian Basin  oilpatch continues to steadily increase, as reflected by the weeks of increases in drilling rigs reported by oil insider Baker Hughes, Inc. in their weekly rig count.

Last Friday, the Houston-based company reported 602 active oil and gas rigs operating in the United States, with 306 of those located within the Permian Basin region.…

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RRC Report: Gaines’ Total Oil Production Dips in 2016

February 23, 2017

Gaines County’s 3,916 active oil wells produced 22.5 million barrels of crude oil in the 2016 calendar year, according to preliminary production reports from the Texas Railroad Commission released on Thursday.

That calendar year total is down from the 23.9 million barrels of oil produced in the 2015 calendar year and is the lowest recorded annual total reported by the RRC dating back to the 1993 calendar year.…

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Early-morning pipeline explosion lights up South Texas sky

February 15, 2017

REFUGIO (AP) — A natural gas pipeline has exploded in South Texas, in a fiery display that lit up the sky and could be seen for miles.

Texas Department of Public Safety Sgt. Nathan Brandley says the explosion occurred early Wednesday near Refugio (ray-FYOO’-ee-oh), a rural community north of Corpus Christi, about 15 miles from the Texas Coast.…

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As oil recovers, U.S. firms descend on the Permian Basin in West Texas

February 2, 2017

ODESSA (Reuters) — In most U.S. shale oil regions, energy firms are making strategic but cautious bets as the price of oil holds above $50 a barrel.

Here in the Permian Basin of West Texas, the largest U.S. oil patch, the industry poured more than $28 billion into land acquisitions last year – more than triple what they spent in 2015.…

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Hess Corp. Reports Loss in 4Q of 2016

January 31, 2017

NEW YORK — One of Seminole and Gaines County’s largest employers reported to company investors and Wall Street that the 2017 calendar year will be a year of transformation.

The news comes as the petroleum company reported a loss in their fourth quarter earnings for the final reporting period of the 2016 calendar year.…

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Noble Energy to Buy Clayton Williams Energy for $2.7B

January 18, 2017

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Exxon Mobil Makes Major Purchase of West Texas, SE New Mexico Oil Acreage

January 18, 2017

Exxon Mobil Corp. has joined the drilling frenzy in West Texas with a $6.6 billion deal to snap up enough land there to pump oil for two decades.

The U.S. oil giant said Tuesday that it acquired several private companies and 275,000 acres in the Permian Basin controlled by Fort Worth’s Bass family, which includes some of the most storied Texas oil billionaires and investors.…

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