(World Oil) – The U.S. Department of the Interior Office of the Inspector General has released an audit report showing the Railroad Commission of Texas successfully used federal grant funding for orphaned well plugging and complied with all related laws and regulations. The RRC utilized its 40 years of well plugging expertise to expend a $25 million Initial Grant from
(World Oil) – Texas has been at the forefront of energy regulation and innovation for more than a century, and the RRC has new proposed rules for public comment to administer legislation in the geothermal energy front in Texas. Senate Bill 786 transfers regulatory authority of closed-loop geothermal injection wells from the Texas Commission on Environmental Quality to the Railroad
World Oil AUSTIN – The Railroad Commission of Texas has filed comments on draft guidance issued by the U.S. Department of the Interior (DOI) for utilizing formula grants to plug orphaned oil and gas wells. Several aspects of the draft guidance have caused concern for the RRC because it could hinder the state’s efforts to use as much funding as
From the Midland Reporter Telegram Midland County produced 10,656,286 barrels in August 2018 More than 10 million barrels of oil were produced in Midland County, according to preliminary production figures from the Railroad Commission of Texas. The Permian Basin again dominated the list with seven of the top 10 producing counties — Midland, Reeves, Martin, Loving, Upton, Reagan and Andrews.
From the Dallas Morning News There’s little question that the oil and gas industry is a major engine that helps drive Texas’ economic growth, providing thousands of jobs and valuable resources. This state needs Texas Railroad Commission members with a keen knowledge of the industry who will work diligently to regulate it in a way that protects public health. Christi Craddick’s
Bottlenecks expected to make producers desperate to flare more; Texas RRC could loosen flaring rules From Bloomberg Texas is facing a burning question that’s pitting the state’s economy against its environment, and oil drillers against each other. With natural gas pipelines in the Permian Basin reaching 98 percent of capacity, Texas is weighing whether to keep intact or loosen strict
Range Resources Corporation (ticker: RRC) reported a net income of $49 million, or $0.20 per diluted share. “The first quarter was a good start to the year, generating record quarterly cash flow while remaining on track to deliver our expected 11% growth within cash flow for 2018. Operationally, Range is focused on translating our peer leading inventory into shareholder value
Range Resources Corporation (ticker: RRC) produced 1,444 MMcf/d of natural gas, 106,038 Bbls/d of NGLs and 15,007 BPD of crude oil and condensate in Q4 2017. Also in Q4 2017, the company had a net income of $221.185 million, or $0.89 per share. This compares to a net loss of $160.709 million, or $(0.66) per share in Q4 2016. For
Sitton is Texas Railroad Commission’s first engineer in 50 years Texas Railroad Commissioner Ryan Sitton met with 100 senior level oil and gas executives in Houston this week for An Energy Evening. Sitton was elected to the Railroad Commission in 2014 and is the first engineer to serve on the Commission in 50 years. Texas shale plays have led to a dramatic
FORT WORTH, TX–(Marketwired – Dec 2, 2015) – RANGE RESOURCES CORPORATION (NYSE: RRC) today announced that its Board of Directors declared a quarterly cash dividend on its common stock for the fourth quarter. A dividend of $0.04 per common share is payable on December 31, 2015 to stockholders of record at the close of business on December 15, 2015. RANGE RESOURCES
With Q2 in the rearview mirror, presenters in the first few days of Enercom’s The Oil & Gas Conference® 20 were smiling and even optimistic about the future prospects for their companies. Completion formulas and directional drilling successes were discussed at length, as were balance sheets, liquidity, redeterminations, type curves, record well economics, reservoir analysis, CapEx allocation for the balance
With share prices halved along with oil prices, investing opportunities abound What’s coming in 2016? Institutional investors head to Denver Aug. 16-20 to listen to the oil & gas sector’s go-forward strategies Where is the industry today and where is it heading? After a lengthy pattern of producing and selling $90+ oil, the industry was jolted when OPEC announced its decision
Sign up to receive daily news and stock prices from Oil & Gas 360® directly in your email inbox.
Market Data ©2020–2024 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, EOD=End of Day, PD=Previous Day. Market Data powered by QuoteMedia. Terms of Use.
