Data, company expansions show continued increase in TX, NM shale

By Luke Geiver | May 23, 2017

Support activities for mining continue to increase in West Texas and Eastern New Mexico. Data from the Federal Reserve Bank of Dallas shows that for the third consecutive month, oil and gas employment in the region has increased. For March total oil and gas employment in Texas rose by 3,500 jobs to reach a total of 211,700 jobs. Oil and gas extraction employment also increased to 92,500 jobs. Support activities for mining and exploration and production also increased, according to the DFRB, hitting a total job number of 119,200.

This week, two support firms announced plans to expand into West Texas. Pennsylvania-based PetroChoice, a provider of lubricants and materials to the oil and gas industry, opened a new location in Lamesa, Texas to serve as a distribution center to both West Texas and Eastern New Mexico. The company intends to establish a presence for current and future growth related from Permian Basin oil- and gas-related activities, according to Rick Palmore, regional vice president of the company’s western region. In addition to automotive lubricants, PetroChoice serves fracking and drilling operations with fluid solutions. The company already serves the Marcellus and Utica plans in the Northeastern U.S.

Epic Lift Systems, a custom engineering and artificial lift provider to the region’s E&P’s, has also expanded operations. This week Epic held the grand opening of its new Midland, Texas facility.

“This was a strategic expansion for Epic, as it aligns perfectly with our growth initiatives. We are adding to our team of experienced artificial lift professionals while expanding our footprint in the Permian Basin to better serve our customers,” said David Nemeskal, CEO.

Epic specializes in enhanced plunger lift systems by designing, engineering and machining the products based on E&P customer needs.