open – Core Capital

Meridian Energy Plots Grassroots Refinery for Permian Basin

Robert Brelsford Downstream Technology Editor Meridian Energy Group Inc. has let a contract to Winkler Cos. LLC to provide site control for a full-conversion refinery in Winkler County, Tex., in the heart of the Permian basin. The Permian basin refinery, which will process local crude from the Delaware basin into a full slate of refined products for local and regional markets, will have a throughput capacity of about 60,000 b/d and be modeled after Meridian’s grassroots 49,500-b/sd high-conversion Davis refinery currently under construction in Billings County in the heart of southwestern North Dakota’s Bakken shale region, Meridian said.

Meridian Energy Plots Grassroots Refinery for Permian Basinopen2021-04-28T21:49:16+00:00

Winkler Services Announces Permian Pipeline Project

In 2018, the United States crude oil production continues to climb. According to the U.S. Energy Information Administration, production in the Permian Basin accounts for nearly 30 percent of the total U.S. production. Much of that is due to the exploration of resources within the Delaware Basin, a prolific shale formation within the Permian Basin. Production in the Delaware is requiring increased innovation to responsibly provide water for the industry.

Winkler Services Announces Permian Pipeline Projectopen2021-04-28T21:49:16+00:00

Water Set to Join Oil & Gas as Key Commodity

Getting rid of wastewater from onshore wells has become an increasingly costly problem for oil producers as U.S. crude output surged in recent years, especially in the new shale fields from Texas to North Dakota. Drillers typically get about seven barrels of water for every one of oil, and some [...]

Water Set to Join Oil & Gas as Key Commodityopen2023-01-17T08:51:53+00:00

Disaster in Texas 08

As so many of us worldwide keep our hearts focused on Texas, please join us in praying for the safety and welfare of every one of its residents. Our sages teach us that along with prayer, resolving to perform additional good deeds and Torah/Bible study on their behalf, and especially [...]

Disaster in Texas 08open2023-01-17T08:17:04+00:00

Global Thoughts

Puerto Rican debt was 80¢ on the dollar in 2015 and dropping towards 60¢ in 2016. Hurricane Maria has tanked values further as large investors unwind bets on a recovery. At 20¢ investors face a virtual default. Many believe the debt will be officially forgiven or negotiated into the hereafter. [...]

Global Thoughtsopen2023-01-17T08:17:08+00:00

Peak oil? Majors aren’t buying it

Even as governments and environmentalists forecast a peak in oil demand within a generation - and China and India say they may eventually ban gasoline and diesel vehicles - leaders of the world’s biggest oil firms are not buying the argument that their traditional business faces any imminent threat. A [...]

Peak oil? Majors aren’t buying itopen2023-01-17T08:17:16+00:00