Midland Times

Latest News


Business

Meyer Distributing announces Midland location

A leader in automotive specialty products marketing and distribution has announced the opening of a new location in Midland, Texas.


Business

Diamondback Energy introduces Diamondback DNA Mentorship Program

Diamondback Energy has launched its latest educational initiative, the Diamondback DNA Mentorship Program.


Business

New Kent Lube Center to begin construction in April

A new Kent Lube Center is scheduled to begin construction this spring, according to a filing by the Texas Department of Licensing and Regulation (TDLR).


Business

Registration ongoing for 2025 State of Midland luncheon

The Midland Chamber is urging individuals interested in attending the 2025 State of Midland luncheon to secure their reservations promptly.


Business

New Murphy USA slated for southwest portion of city

A new $1.1 million gas station is planned, as per a filing with a state regulatory agency.


Business

Permian Strategic Partnership supports new charter school opening in Big Spring

The Permian Strategic Partnership (PSP) has announced its support for the establishment of Pathway Academy, a new public charter school in Big Spring, Texas.


Business

Reset Energy to develop nitrogen rejection unit for Permian Basin midstream operator

Midland-based Reset Energy has awarded the design and fabrication of a 250 million standard cubic feet per day (MMSCFD) Nitrogen Rejection Unit (NRU) project in the Permian Basin.


Business

Next Bridge subsidiary has account closed by Chase Bank

Midland-based Next Bridge Hydrocarbons, Inc. has announced that one of its affiliates has had its commercial banking account closed.


Business

Tech-based ice cream truck to debut in April

A new ice cream truck is set to hit the roads this spring as a company aims to transform the traditional experience of purchasing products from a mobile vehicle.


Business

Chevron begins utilizing drones for autonomous monitoring of Permian Basin facilities

An Austin-based company specializing in drone technology has announced that it has surpassed a significant operational efficiency milestone.


Business

Midland Development Corporation awards $500K to local businesses through 2024-25 Entrepreneurial Challenge

The Midland Development Corporation (MDC), in collaboration with the University of Texas Permian Basin (UTPB) and the Small Business Development Center (SBDC) at the Center for Energy and Economic Diversification (CEED), announced the winners of the 2024-25 Midland Entrepreneurial Challenge during an award ceremony on March 3.


Business

ProPetro announces departure of CFO Schorlemer

Midland-based ProPetro has announced the departure of its Chief Financial Officer (CFO), David Schorlemer, effective March 3.


Business

Permian Basin Water in Energy Conference returns in 2025

The 2025 Permian Basin Water In Energy Conference (PBWIEC) is set to take place March 4-6. Industry leaders, experts, and stakeholders will be brought together to discuss water management challenges and advancements in the energy sector.


Business

UTPB updates MDC Board on workforce development initiatives, business support facilities

The Midland Development Corporation (MDC) Board of Directors met in regular session on March 3 where Brian Shedd, Executive Director of the University of Texas Permian Basin (UTPB) Office of Innovation & Commercialization, presented updates on UTPB’s ongoing initiatives aimed at workforce development and business support in the region.


Business

UTPB to launch Permian Basin Manufacturing Consortium to support workforce

The Permian Basin Manufacturing Consortium, a new initiative led by a group of manufacturing businesses and machine shops in the region, is set to launch. Executive Director of UTPB’s Office of Innovation & Commercialization Brian Shedd announced the new consortium during his presentation at a MDC board meeting on March 2.


Business

Rogers Ford is undergoing a renovation project for three months

A $102,000 renovation project for a local dealership is underway, according to a state filing with a regulatory agency.


Business

Midland Chamber helps The Sod Shack celebrate grand opening

The Midland Chamber of Commerce facilitated the grand opening of The Sod Shack with a ribbon-cutting ceremony, as announced in a Facebook post.


Business

Oxy announces progress on debt reduction

Occidental Petroleum announced it has reached its near-term debt repayment goal of $4.5 billion in the fourth quarter of 2024.


Business

Midland city council authorizes creation of The Preserve Municipal Management District

The Midland City Council unanimously approved a resolution on Feb. 25 to establish The Preserve Municipal Management District (MMD), a financial mechanism designed to support the development of The Preserve. This large-scale mixed-use project, set to break ground in early 2025 on the former Nueva Vista Golf Club site, will feature retail, office spaces, dining, and a new zoo. Nearly half of the development will be dedicated to parks, open areas, and natural recreational spaces.


Business

Civitas Resources buying Midland Basin locations

Civitas Resources is expanding its operations in the Midland Basin with a $300 million investment aimed at increasing production and drilling locations.