Odessa, TX Business and More

Continental Resources to acquire FireBird Energy, adding 32,000 boed in Permian

(WO) — Continental Resources has agreed to acquire FireBird Energy II LLC, adding approximately 32,000 boed of oil-weighted production and expanding the company’s position in the Permian basin. FireBird, a portfolio company of Quantum Capital Group, holds approximately 54,000 net acres in the Midland basin adjacent to Continental’s...

Midland, TX · 08-20

Midland Reporter-Telegram

Midland planning commission recommends approval of 10.17-acre housing plat

City staff verified existing groundwater wells show sufficient water for the proposed development.

Midland, TX · 08-19

pgjonline.com

Targa Resources announces 20-yr ExxonMobil agreements, three new Permian Delaware gas plants

Targa Resources Corp. has announced the execution of new long-term, integrated midstream agreements with subsidiaries of ExxonMobil, further strengthening the parties’ strategic relationship across the Permian Basin. Targa Resources Corp. has announced the execution of new long-term, integrated midstream agreements with subsidiaries of ExxonMobil, further strengthening the parties’ strategic...

Delaware · 08-18

Midland Reporter-Telegram

Midland commission recommends approval of Entrada Business Center final plat

The final plat covers just over 41.53 acres of the larger 152.79-acre property at Interstate 20 and Farm-to-Market Road 1788.

Midland, TX · 08-18

Midland Reporter-Telegram

Energy officials tour Midland rig during Great American Energy Comeback

“This is the core of the U.S. oil and gas industry," Energy Secretary Chris Wright says.

Midland, TX · 08-17

midlandtxedc.com

AST Spacemobile Expands Midland Spaceport Footprint

The Midland Development Corporation (MDC) is proud to highlight the remarkable continued growth of AST SpaceMobile, Inc. at the Midland International Air and Spaceport. As the pioneer behind the first and only space-based cellular broadband network accessible directly by standard, unmodified mobile phones, AST SpaceMobile’s presence in Midland represents a cornerstone of West Texas’s rapidly accelerating innovation economy.

Midland, TX · 08-17

Midland Reporter-Telegram

Chevron sees energy comeback internally and industry-wide

Niemeyer highlighted record Permian production and Chevron’s plan to share advanced-chemical technology with other companies.

Midland, TX · 08-17

Midland Reporter-Telegram

ExxonMobil adding Dean pay to large-scale development

Four-mile laterals are helping ExxonMobil maximize reservoir exposure and development efficiency.

Martin County, TX · 08-15

Midland Reporter-Telegram

Crude pipelines could be next Permian bottleneck

New gas capacity is improving prices at Waha, but East Daley sees crude infrastructure emerging as the next constraint on basin growth.

Midland, TX · 08-15

Midland Reporter-Telegram

Brazos plans second processing plant in Glasscock County

New long-term acreage commitments are supporting Brazos Midstream’s expansion plans in the Midland Basin.

Glasscock County, TX · 08-15

KMID ABC Big 2 News

Midland on track to break $70 million sales tax record

The City of Midland is on track to set a new annual sales tax record for fiscal year 2026 after collecting $7.045 million in August.

Midland, TX · 08-14

informedinfrastructure.com

Carollo Engineers selected to design new Bob Derrington Water Reclamation Plant

Rendering of the new Bob Derrington Water Reclamation Plant. City of Odessa moves forward to modernize aging facility and strengthen long-term reliability. ODESSA, Texas, Aug. 12, 2026 - Carollo Engineers has been selected to design and provide engineering services during construction for the new and improved Bob Derrington Water Reclamation Plant (BDWRP), to replace the aging facility. The selection builds on Carollo's prior work at the site, including a Condition Assessment and Facility Master Plan that augmented the city's modernization strategy. The project supports Odessa’s goal to modernize the facility while maintaining uninterrupted wastewater treatment and reuse service for the community and industrial customers.

Odessa, TX · 08-13

KMID ABC Big 2 News

What Odessa’s proposed slight property tax increase could mean for residents

The Odessa City Council is considering a property tax rate increase to nearly $0.47 per $100 of taxable value to fund essential city services starting in the 2026-2027 fiscal year.

Odessa, TX · 08-12

Midland Reporter-Telegram

Midland approves oil permits, road repair deals for two companies

Both companies must provide annual funding to help cover road damage tied to their operations.

Midland, TX · 08-12

KMID ABC Big 2 News

29 years of love: How one local bridal shop has connected so many lives

ODESSA, Texas (KMID/KPEJ)- For many people, their wedding day is the biggest day of their life. A gathering of loved ones celebrating a special connection. For the past 29 years, Carol Lopez has been providing the Permian Basin with those special days with Bride Smart. For Lopez, this journey started with some advice from a […]

Odessa, TX · 08-13

Midland Reporter-Telegram

City of Midland highlights security on water infrastructure

The amended agreement raises the fine for a verified violation from $750 to $5,000 per person.

Midland, TX · 08-13

KMID ABC Big 2 News