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Recent Developments

PSP Report Shows Motive Behind Its Initiative

Posted on March 3, 2019

Partnership representatives provide council with details of five areas in which improvement is needed By Stewart Doreen, MRT.com/Midland Reporter-Telegram PSP said that currently, there are 15,000 positions that remain unfilled across the Permian. They also reported that Permian production will support the creation of about 45,000 jobs across the region through 2030. The Permian Strategic Partnership […]

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Perryman ‘Optimistic about the Area’

Posted on March 3, 2019

Midland, Odessa growth rates should far exceed that of state and nation, economist says By Mella McEwen, MRT.com/Midland Reporter-Telegram M. Ray Perryman said “the cost of producing petroleum has gone down so much” that Permian Basin operators can withstand declines in crude prices, such as that seen in the fourth quarter of 2018. ODESSA – The region’s […]

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Perryman Optimistic About Economic Growth

Posted on February 7, 2019

By Paul Wedding pwedding@oaoa.com   Economist Ray Perryman gave a presentation at the Odessa Country Club Tuesday giving a five-year forecast on the Permian Basin economy, and said he was feeling very optimistic about the growth right now being driven by a booming oil and gas industry. “The cost of producing petroleum out of a fracked […]

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Highway 115 Project Begins

Posted on February 7, 2019

By Paul Wedding pwedding@oaoa.com   A local sand mining company is funding a project that started Monday improving Highway 115 in Winkler County, the newest of many roadway improvement projects in the Odessa District of the Texas Department of Transportation. The project will involve adding auxiliary lanes, shoulders and a left turn lane in Winkler County […]

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Concho CEO: Permian Oil is Economic Engine to Fuel Vision of Future

Posted on February 7, 2019

The state of oil and gas in Midland is healthy, according to Tim Leach, who served as keynote speaker at the Midland Chamber of Commerce’s annual State of Oil & Gas luncheon. Leach, chairman and chief executive officer of Concho Resources, cited statistics indicating Permian Basin crude production is expected to climb from the current […]

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BAAS Degrees Starting at Odessa College

Posted on January 30, 2019

By Ruth Campbell rcampbell@oaoa.com   After months of work, classes for Odessa College’s bachelor of applied arts and sciences degree in leadership and management are underway. The second installment of automation will start in the fall. Two-year schools, such as Odessa College are allowed to offer four-year applied baccalaureate degrees under the provisions of Senate Bill […]

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Odessa a Destination for MOTRAN Vice President

Posted on January 30, 2019

By Ruth Campbell rcampbell@oaoa.com   For Dustin Fawcett, Odessa was a destination. His mother, Robin Fawcett, director of human resources for secondary personnel at Ector County ISD, grew up here and his grandparents, Myron and M’Liss Schneider, worked for the district. His grandfather coached and taught at Nimitz Middle School and Permian High School. Fawcett said […]

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UTPB President Puts in Legislative Requests

Posted on January 30, 2019

By Ruth Campbell rcampbell@oaoa.com To help fulfill the University of Texas Permian Basin’s goals of increasing the number of degrees it awards, attracting and retaining faculty, staff and students and ramping up important programs, President Sandra Woodley recently met with the local legislative delegation in Austin to make her wish list known for this session of […]

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County Roadway Improvement Plans Take Shape

Posted on January 30, 2019

By Courtney Borchert cborchert@oaoa.com The Ector County Highways and Streets Department identified roadways in need of pavement improvement as part of the county’s proposed 2019 Road Project Plan. The department’s director, Evans Kessey, presented information to the Commissioners’ Court Dec. 20 that highlighted reconstruction and rehabilitation projects that include roadway widening and pavement upgrades. The majority […]

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Permian Basin Boom Unlikely to Slow Until Well Into 2019

Posted on January 30, 2019

It’s apparently going to take more than a 40 percent plunge in oil prices to slow down drilling activity in the United States. The number of rigs actively drilling for oil and gas jumped by nine from last week even with U.S. crude oil prices sitting at about $45 a barrel — way down from […]

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