Jessica Corso - HoustonNewMedia.org

Pioneer Energy’s long road ends in acquisition

Jessica Corso — Tue, 13 Jul 2021 18:26:40 +0000

On July 6, it was announced that Houston-based Patterson-UTI Energy would acquire San Antonio-based Pioneer Energy Services Corp. for nearly $300 million. The San Antonio Business Journal dug into its past coverage of Pioneer to explain how it got here...

The post Pioneer Energy’s long road ends in acquisition first appeared on HoustonNewMedia.org.

The post Pioneer Energy’s long road ends in acquisition appeared first on HoustonNewMedia.org.

Texas oil and gas jobs inching back up from pandemic lows

Jessica Corso — Thu, 24 Jun 2021 18:20:46 +0000

There were more workers in Texas' oil and gas fields in May, though the industry is still down 50,000 jobs lost during the pandemic.

The post Texas oil and gas jobs inching back up from pandemic lows first appeared on HoustonNewMedia.org.

The post Texas oil and gas jobs inching back up from pandemic lows appeared first on HoustonNewMedia.org.

US Well Services to lay off around 170 amid move to all-electric fleets

Jessica Corso — Wed, 02 Jun 2021 18:40:55 +0000

On the same day it sent the Worker Adjustment and Retraining Notification Act letter to the TWC, the company notified investors that it was selling certain diesel-powered hydraulic fracturing equipment for $21 million as it moves toward electrifying it...

The post US Well Services to lay off around 170 amid move to all-electric fleets first appeared on HoustonNewMedia.org.

The post US Well Services to lay off around 170 amid move to all-electric fleets appeared first on HoustonNewMedia.org.

Texas lawmakers passed snowmaggedon bills at end of session

Jessica Corso — Tue, 01 Jun 2021 19:59:24 +0000

Texas Gov. Greg Abbott signed off on one piece of utility reform legislation last week and two more pieces of legislation dealing with the fallout of Winter Storm Uri are sitting on his desk.

The post Texas lawmakers passed snowmaggedon bills at end of session first appeared on HoustonNewMedia.org.

The post Texas lawmakers passed snowmaggedon bills at end of session appeared first on HoustonNewMedia.org.

Texas lawmakers still haven’t passed ERCOT reform

Jessica Corso — Wed, 26 May 2021 18:08:46 +0000

Texas Gov. Greg Abbott was quick to declare reform of the state's largest electricity grid operator an emergency item. But it took three months for the first grid-related bill to reach his desk.

The post Texas lawmakers still haven’t passed ERCOT reform first appeared on HoustonNewMedia.org.

The post Texas lawmakers still haven’t passed ERCOT reform appeared first on HoustonNewMedia.org.

Marathon Oil applies to drill 8 more wells in one South Texas county

Jessica Corso — Wed, 19 May 2021 18:41:24 +0000

The number of drilling permits being sought in this county has increased over the past few months, with Marathon taking the lead.

The post Marathon Oil applies to drill 8 more wells in one South Texas county first appeared on HoustonNewMedia.org.

The post Marathon Oil applies to drill 8 more wells in one South Texas county appeared first on HoustonNewMedia.org.

Bankruptcy watchdog suspects group behind proposed South Texas oil terminal of diverting assets

Jessica Corso — Fri, 14 May 2021 12:18:34 +0000

That court-appointed trustee is demanding the company turn its records over.

The post Bankruptcy watchdog suspects group behind proposed South Texas oil terminal of diverting assets first appeared on HoustonNewMedia.org.

The post Bankruptcy watchdog suspects group behind proposed South Texas oil terminal of diverting assets appeared first on HoustonNewMedia.org.

H-E-B sues wipes supplier, alleging false Covid claims

Jessica Corso — Wed, 12 May 2021 00:06:26 +0000

San Antonio-based grocer H-E-B LP is suing the supplier of a brand of antibacterial wipes after being told by the U.S. Environmental Protection Agency to remove them from store shelves.

H-E-B was told in a March 31 letter from the EPA that BioErase An...

The post H-E-B sues wipes supplier, alleging false Covid claims first appeared on HoustonNewMedia.org.

The post H-E-B sues wipes supplier, alleging false Covid claims appeared first on HoustonNewMedia.org.

Will Dubai company’s factory put Beeville on the map?

Jessica Corso — Wed, 05 May 2021 19:49:13 +0000

This small South Texas city scored a major new employer last month, and a local economic development leader told the San Antonio Business Journal that there's more to come.

The post Will Dubai company’s factory put Beeville on the map? first appeared on HoustonNewMedia.org.

The post Will Dubai company’s factory put Beeville on the map? appeared first on HoustonNewMedia.org.

Ex-NFL player Jerrell Freeman shares why he invested in Houston-based oil and gas startup

Jessica Corso — Wed, 28 Apr 2021 20:06:58 +0000

Former Chicago Bears linebacker Jerrell Freeman spoke to the San Antonio Business Journal about drilling wells in South Texas.

The post Ex-NFL player Jerrell Freeman shares why he invested in Houston-based oil and gas startup first appeared on HoustonNewMedia.org.

The post Ex-NFL player Jerrell Freeman shares why he invested in Houston-based oil and gas startup appeared first on HoustonNewMedia.org.

ConocoPhillips leads South Texas drilling permits during slow week

Jessica Corso — Wed, 21 Apr 2021 18:52:57 +0000

Only three companies filed more than a single permit to drill a new well in South Texas last week.

The post ConocoPhillips leads South Texas drilling permits during slow week first appeared on HoustonNewMedia.org.

The post ConocoPhillips leads South Texas drilling permits during slow week appeared first on HoustonNewMedia.org.

South Texas Drilling Permit Roundup: Is ex-NFL star invested in rising oil business?

Jessica Corso — Tue, 06 Apr 2021 15:53:58 +0000

A Houston-area startup says it has won the confidence of a former Chicago Bears linebacker.

The post South Texas Drilling Permit Roundup: Is ex-NFL star invested in rising oil business? first appeared on HoustonNewMedia.org.

The post South Texas Drilling Permit Roundup: Is ex-NFL star invested in rising oil business? appeared first on HoustonNewMedia.org.

Reported Tesla supplier setting up shop in San Antonio

Jessica Corso — Mon, 05 Apr 2021 18:49:07 +0000

San Antonio City Council agreed to wave some property taxes in exchange for the creation of dozens of jobs and a multimillion-dollar investment by a company reportedly in the Tesla supply chain.

The post Reported Tesla supplier setting up shop in San Antonio first appeared on HoustonNewMedia.org.

The post Reported Tesla supplier setting up shop in San Antonio appeared first on HoustonNewMedia.org.

South Texas Drilling Permit Roundup: Is the Eagle Ford bouncing back?

Jessica Corso — Tue, 23 Mar 2021 17:10:38 +0000

The South Texas shale play gained a trio of rigs last week, its first significant gain in months.

The post South Texas Drilling Permit Roundup: Is the Eagle Ford bouncing back? first appeared on HoustonNewMedia.org.

The post South Texas Drilling Permit Roundup: Is the Eagle Ford bouncing back? appeared first on HoustonNewMedia.org.

Houston-based LNG company Annova terminates Brownsville project

Jessica Corso — Tue, 23 Mar 2021 00:33:14 +0000

The company behind the project is immediately discontinuing it. The project would have produced LNG in Brownsville before sending it abroad.

The post Houston-based LNG company Annova terminates Brownsville project first appeared on HoustonNewMedia.org.

The post Houston-based LNG company Annova terminates Brownsville project appeared first on HoustonNewMedia.org.

Power outage prevention on the mind at San Antonio nonprofit EPIcenter

Jessica Corso — Fri, 12 Mar 2021 11:10:00 +0000

This story is part of the Houston Business Journal's March 12 cover story. Click here to read the main story.

Kimberly Britton has been thinking about the Texas grid for years, but she wasn't prepared for the magnitude of February's power outage.

B...

The post Power outage prevention on the mind at San Antonio nonprofit EPIcenter first appeared on HoustonNewMedia.org.

The post Power outage prevention on the mind at San Antonio nonprofit EPIcenter appeared first on HoustonNewMedia.org.

Hazardous excessive emissions spiked during Texas freeze

Jessica Corso — Thu, 11 Mar 2021 20:21:23 +0000

Texas' environmental regulator saw a massive uptick in air emissions reports as the state froze last month, with some local plants experiencing equipment failures and power outages.

Refineries, gas plants and other such facilities are required to noti...

The post Hazardous excessive emissions spiked during Texas freeze first appeared on HoustonNewMedia.org.

The post Hazardous excessive emissions spiked during Texas freeze appeared first on HoustonNewMedia.org.

Texas oil and gas drillers’ well permit applications rebound from winter storm

Jessica Corso — Fri, 05 Mar 2021 19:33:44 +0000

Drillers began resubmitting new well applications after power outages brought permitting activity to a halt two weeks ago.

The post Texas oil and gas drillers’ well permit applications rebound from winter storm first appeared on HoustonNewMedia.org.

The post Texas oil and gas drillers’ well permit applications rebound from winter storm appeared first on HoustonNewMedia.org.

South Texas Drilling Permit Roundup: Well permitting dried up as Texas froze

Jessica Corso — Tue, 23 Feb 2021 13:57:24 +0000

There were fewer permits to drill new oil and gas wells last week than at any point during the pandemic.

The post South Texas Drilling Permit Roundup: Well permitting dried up as Texas froze first appeared on HoustonNewMedia.org.

The post South Texas Drilling Permit Roundup: Well permitting dried up as Texas froze appeared first on HoustonNewMedia.org.

Power outages not solely due to frozen wind turbines

Jessica Corso — Wed, 17 Feb 2021 20:49:39 +0000

Despite some pinning widespread power outages on frozen wind turbines, there was even greater downed capacity at gas and coal-fired power plants.

The post Power outages not solely due to frozen wind turbines first appeared on HoustonNewMedia.org.

The post Power outages not solely due to frozen wind turbines appeared first on HoustonNewMedia.org.