Texas Oil and Gas Employment Bounces Back

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Daily Bulletin

Lone Star Stories

Texas Oil and Gas Employment Bounces Back, Still a Long Road Ahead

The Lone Star State celebrates the return of oil and gas employees, seeing the largest month-over-month increase since 1990. Despite the significant gain, the sector's headcount remains in the shadow of its former glory, making it a hard sell for potential workers.

EOG Resources Predicts Tighter Crude Supply and Higher Prices Ahead

US shale producer EOG Resources foresees limited crude supply due to subdued U.S. oil production and OPEC+ cuts, signaling potential price hikes. The company plans to diversify its drilling activities from the constrained Permian Basin to Ohio's Utica and Wyoming's Powder River Basin.

Reader Question of the Day

What is pipeline pigging?

Pipeline pigging is a practice in pipeline transportation that involves the use of devices, generally known as "pigs" or "scrapers," to perform various maintenance operations without stopping the flow of the product in the pipeline. These operations include cleaning and inspecting the pipeline. The pig is inserted into an oversized section in the pipeline, known as the "pig launcher," and is then pushed along the pipe by the pressure-driven flow of the product until it reaches the receiving trap, known as the "pig catcher."

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