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West Texas

(Photo by Eddie Seal for Bloomberg News)

Analysts: Eagle Ford drilling will get a lot cheaper by mid-2016

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The oil slump hasn’t stopped producers in the South Texas play from getting better at targeting oil-rich rock in lateral sections of their horizontal wells.
(AP Photo/Hasan Jamali)

Oil workers in West Texas and New Mexico were underpaid millions, Labor Department says

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Among the problems found, employers were failing to include bonus payments when calculating overtime rates, weren’t paying for time spent working off-the-clock and paying flat rates despite the hours worked by employees.
(AP Photo/Hasan Jamali)

3 workers killed in West Texas oil field rig explosion

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The well is owned by Parsley Energy of Midland. Company spokeswoman Lisa Elliott says the workers who died were employed by Mason Well Service Ltd. of Odessa, an independent contractor.
Permian Basin Oil Boom 51 jl

Halliburton exec: “Boom town” costs falling amid oil slump

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The service costs associated with housing and feeding employees in remote locations like the Permian Basin in West Texas and the Bakken Shale in North Dakota typically skyrocket in boom times, Halliburton President Jeff Miller said.
(Eddie Seal/Bloomberg)

These 19 counties generate the most oil and gas taxes for Texas

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Which parts of the state are generating the most in oil and gas taxes?
Former Chesapeake CEO Aubrey McClendon (Gary Fountain/Houston Chronicle)

McClendon venture raises $500 million for mineral rights

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McClendon doesn’t appear to be slowing down his new venture even as oil prices have sunk below $75 a barrel.
Shareholders have criticized Chesapeake’s board for failing to rein in what they’ve seen as Chief Executive Officer Aubrey McClendon’s risk-taking and overspending at the company. (F. Carter Smith/Bloomberg )

McClendon’s West Texas venture plans Wall Street debut

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Wildcatter Aubrey McClendon’s oil and gas startup in West Texas may be the latest venture in the Permian Basin to beckon for Wall Street investors, sitting astride one of the most lucrative U.S. shale plays.
ONEOK

ONEOK buys Chevron NGL pipelines for $800 million

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The deal gives the company 2,600 miles of natural gas liquid gathering pipelines from southeast New Mexico to Mont Belvieu.
Halliburton CEO Dave Lesar (Melissa Phillip/Chronicle)

Halliburton execs point to U.S. shale as profits leap 70 percent

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U.S. shale plays have become laboratories for experiments with more production stages, more sand and, in West Texas, a lot more horizontal rigs – a development Halliburton executives say has required an unprecedented level of oil-field service intensity.
Houston-based Hi-Crush Partners operates a sand mining facility in Wyeville, Wis. (Hi-Crush photo)

Frac sand company sees IPOs today, mergers tomorrow

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It’s a good time to be among the handful of companies providing sand to the oil industry — one of the largest projects that the market will grow 30 percent in 2014.