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The iconic "Breaking Bad" house in Albuquerque, New Mexico, is up for grabs for $4 million because the current owner is fed up with constant attention from fans of the show. The house was the TV ...
VECO was an Alaska-based oil pipeline service and construction company founded by Wayne Veltri (VECO is short for Veltri Co). Bill Allen was born in Socorro, New Mexico, and at the age of 16 left for the oil fields of Alaska to become a welder to help support his family. VECO began as a one-truck welding and repair operation that grew to become ...
Oilfield service companies may produce, maintain, and repair equipment used in oil extraction and oil transportation. [1] In 2019, the global oilfield services market was US $ 267.8 billion. [ 2 ]
The company announced major discoveries in 2010 in the Eagle Ford Group. [15] In May 2011, the company sold gas-producing properties in South Texas and New Mexico for $637 million. [16] In December 2014, the company sold its assets in Canada. [17] [18] Also in December 2014, founder Mark G. Papa resigned from the board of directors. [19]
The average salary for those jobs will be $60,000 to $90,000, the release states, adding that the company plans to invest $94 million in New Mexico over the next 10 years.
In 2002, the company drilled its first deepwater wells in the West Mediterranean Concession of offshore Egypt. [19] In 2003, the company acquired the Forties oilfield, the largest field ever discovered in the United Kingdom North Sea as well as assets in the Gulf of Mexico from BP for $1.3 billion. [20]
New Mexico's biggest urban center and an oilfield county ranked among the top air-polluted areas in the U.S., according to a national study. The American Lung Association on April 24 released its ...
Chevron was the largest buyer, spending $47.1 million, followed by Anadarko, BP, Royal Dutch Shell, and Exxon. Exxon's spending of $14.9 million represented the largest sale by acreage, including 94 shallow water tracts. For context, in January 2021, the new administration in the United States paused most new oil and gas leases on federal land.