Midland Times

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Business

TENARIS: Tenaris volunteers deliver essential supplies to community in Saudi Arabia

Tenaris employees in Saudi Arabia are continuing their volunteer efforts, providing additional support to the community and a local clinic in Dammam, Saudi Arabia.


Business

ENCANA: Ovintiv to Host its Second Quarter 2020 Results Conference Call on July 29, 2020

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) announced plans to hold its 2020 second quarter results conference call at 9 a.m. MT on Wednesday, July 29, 2020.


Business

QEP RESOURCES, INC.: QEP Resources Announces Second Quarter 2020 Financial and Operational Results Release Date and Conference Call

QEP Resources, Inc. (NYSE: QEP) announced that it will host a teleconference and webcast to discuss its second quarter 2020 results beginning at 9:00 a.m. ET (7:00 a.m. MT) on Thursday, July 30, 2020. QEP will issue a news release containing second quarter 2020 financial and operational results on Wednesday, July 29, 2020, after market close.




Business

SCHLUMBERGER: 2020 OTC Asia Spotlight on New Technology Awards

The OTC Asia Spotlight on New Technology Awards recognize the most innovative and most advanced technologies that are leading the industry forward.


Business

CONCHO RESOURCES: Concho Resources Inc. Schedules Second-Quarter 2020 Results Conference Call for Thursday, July 30, 2020

Concho Resources Inc. (NYSE: CXO) will host a conference call on Thursday, July 30, 2020 at 8:00 AM CT (9:00 AM ET) to discuss second-quarter 2020 financial and operating results.


Business

Miss Cayce's Christmas store 'Cheer Crashes' homes in the Midland community with hope and encouragement

The owners of Miss Cayce’s Christmas store in Midland were saddened over the COVID-19 quarantine, but found new ways to reach out to their client base as well as the community as a whole.


Business

RING ENERGY, INC: Ring Energy, Inc., Announces Completion of Spring 2020 Redetermination of Its Senior Credit Facility

Ring Energy, Inc. announced it completed the scheduled spring 2020 redetermination evaluation of its $1 billion senior credit facility.


Business

SCHLUMBERGER: Schlumberger Announces Expiration of Tender Offer for Any and All of Schlumberger Investment SA’s Outstanding 3.300% Senior Notes Due 2021

Schlumberger Limited (“Schlumberger”) today announced the expiration of the previously announced cash tender offer by Schlumberger Investment SA,


Business

Yogashri Pradhan recognized for work as petroleum engineer, gives advice for those considering career

Senior Reservoir Engineer Yogashri Pradhan has been recognized for her work with the Society of Petroleum Engineers (SPE) and is to be the recipient of two awards, Endeavor Energy Resources reported.


Business

Panelists paint optimistic picture of West Texas oil sector

The Permian Basin’s oil industry is in a downturn exacerbated by historically low prices attributed to the COVID-19 pandemic.


Business

Danos names new vice president of Permian Operations

Reed Peré is the new vice president of operations within the Permian Basis Operations for Danos, San Angelo Live reported.


Business

Permian Basin likely to receive more drilling as permits from local companies roll in

Permian Basin drilling is likely to be experiencing a sizable uptick in activity after a slowdown earlier this year, the Houston Chronicle reported.


Business

Fountainville owner Hearn celebrates West Texas pride in unique cream flavors

Midlander JP Hearn, owner of Fountainville Creamery and Soda Fountain, has created an ice cream oasis and Midlanders are flocking to make sure the beautiful, tasty vision is real.


Business

Permian Resources extends agreement with private equity stakeholders; announces reduction in sponsor ownership

MIDLAND, Texas – Permian Resources Corporation (NYSE: PR) announced that funds affiliated with EnCap Investments L.P., Pearl Energy Investments, and Riverstone Investment Group LLC have amended and extended their registration rights agreement. This extension aims to maintain the partnership as these Private Equity Stockholders monetize common stock in the future.


Business

ROSELAND OIL & GAS: Oil Prices Rise Despite China Virus Rebound Fears

Fears of a resurgence of coronavirus in China, the world’s biggest crude importer, are casting a shadow over the oil market once more.


Business

SCHLUMBERGER: Le Peuch Speaks at JP Morgan 2020 Energy, Power & Renewables Conference

Ladies and gentlemen, good morning. I’m very happy to be here with you today, and I would like to thank Sean Meakim and J.P. Morgan for the invitation to present at this conference.


Business

Norwegian energy research company predicts 'historically low' decline for flaring emissions

Rystad Energy, a Norwegian energy research and business intelligence company, predicts that natural gas flaring emissions in the Permian Basin will decline to historically low levels by the end of the year.