David Wethe, Reporter-Telegram

David Wethe


Houston, TX, United States

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Past articles by David:

Oil wells creeping into Texas cities herald shale era's twilight

Analysts say the Permian could reach a production plateau within five years. → Read More

Why the cost of frac sand is spiking for Permian oil producers

That’s where Steve Brock and his upstart sand-mining operation, Nomad Proppant LLC, come in. Since the early days of the shale revolution more than a decade ago, fracturing operators have relied on mined sand that’s delivered to their sites by truck — across distances as long as 100 miles. Brock, Nomad’s chief commercial officer, wants to turn that model on its head. His idea: Why not just use… → Read More

Why Fracking Won’t Solve the Global Oil and Gas Squeeze

A tsunami of oil and gas from the technique called fracking has made the US the world’s biggest producer of both, giving the country the energy independence its leaders have sought for decades and upending the geopolitics of the world energy trade. Now, with the world crying out for more oil and gas, American frackers are theoretically in a position to provide it. Instead, they are riding the… → Read More

Shale jobs won't top pre-pandemic levels until 2027, Rystad says

The recovery of the shale patch workforce is still years in the making despite the... → Read More

U.S. oil boom towns risk ghost town future

The world has spent a decade gorging on fuel from America’s shale basins, and oil... → Read More

Buffett Dives Deeper Into Occidental With New Share Purchases

(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. snapped up 18.1 million additional shares of Occidental Petroleum Corp., giving the conglomerate a... → Read More

Not Even $200 a Barrel: Shale Giants Swear They Won't Drill More

The architects of the American shale revolution are following through on pledges to put investor returns above all else. → Read More

Exxon joins Chevron in Permian oil surge as peers preach caution

Such aggressive targets from the Western world’s largest oil majors are a surefire sign... → Read More

Shale giants view a crude oil ascent above $100 as bad for industry

Major shale-oil drillers are dreading the prospect of $100-a-barrel crude on fears it... → Read More

Billionaire Harold Hamm on prowl for more Permian shale deals

Billionaire oil wildcatter Harold Hamm has set aside hundreds of millions of dollars to... → Read More

Shale oil is booming again in the Permian

This time, the surge is being driven by private operators, rather than the publicly... → Read More

Record costs slam U.S. drillers as oil output growth slows

America's oil producers are boosting output at a slower place as record costs hammer the... → Read More

Biden’s Call for More OPEC Oil Is Still Bugging Shale CEOs

Cimarex Energy Co. Chief Executive Officer Tom Jorden on Wednesday became the latest to bristle at President Joe Biden’s call for more oil production from OPEC, rather than from homegrown shale companies like his. → Read More

Ex-fracker at Walmart reveals one risk to U.S. oil supply growth

Stability, green shift among reasons for leaving oil work → Read More

Shale driller Callon plunges after Permian deal is panned

Callon Petroleum Co. disappointed investors with its biggest-ever acquisition aimed at... → Read More

Pioneer CEO says he's sitting out latest round of shale M&A

With more consolidation brewing in the largest U.S. oil patch, the boss of one of the... → Read More

Devon, Conoco study $10 billion Shell Permian assets

Devon Energy Corp. and ConocoPhillips are among potential suitors studying Royal Dutch... → Read More

Halliburton sees 'multi-year upcycle' as oil services return

Halliburton Co., the biggest provider of fracking services, is gearing up for several... → Read More

Tiny Texas oil driller hyped on Reddit surges 130% in a week

Tiny oil company Torchlight Energy Resources Inc. saw its shares more than double in a... → Read More

Tiny Texas oil driller hyped on Reddit surges 130% in a week

Obscure oil company Torchlight Energy Resources Inc. saw its shares more than double in a week after it became the latest stock touted on Reddit as a possible short squeeze. → Read More