Odessa
Odessa, TX · Business
drillingcontractor.org
Diamondback drills first four-well pad in the Barnett
Diamondback Energy drilled its first four-well pad in the Barnett formation at Spanish Trail, part of the company’s expanding development program in the play. Completion of the pad is expected within the coming months. The pad marks a step forward in Diamondback’s Barnett program, which the company has built...
Yahoo!
Solution to oilfield produced water dilemma announced
What to do with the produced water from fracking has been an unsatisfactorily answered question for going on 30 years since the combination of horizontal drilling and advanced hydraulic fracturing scaled up dramatically across shale basins. Not good for anything but discharge into saltwater disposal wells that are now mostly...
Industrialinfo.com (subscription)
NGL Demand Pushes Targa to Add Permian Pipelines, Processing
Written by Will Ploch, Assistant Editor-in-Chief for IIR News Intelligence (Sugar Land, Texas) Lower natural gas prices in the second quarter didn't deter Targa from completing and accelerating several major natural gas transportation and processing projects in the Permian Basin. NGL Demand Fuels Pipeline Growth. Targa Resources Corporation started operations...
Lodging
CooperWynn Capital Closes Refinancing for My Place Hotel-Midland, TX
PARK CITY, Utah—CooperWynn Capital announced the successful closing of a $4.875 million cash-out refinancing of the 64-key My Place Hotel-Midland, TX, on behalf of ownership led by Dustin Campbell. The financing was placed with a national CMBS lender and provides fixed-rate, non-recourse debt with a five-year term. The transaction...