Diamondback, KKR Buy Stake in Deep Blue Water
The deal gives Diamondback and KKR full ownership of an integrated water infrastructure system serving the Midland Basin.
Midland Industry News
Coverage of industry in Midland focuses on how sectors are performing, shifting and being disrupted at the level of the whole market. Reporting follows supply chain pressures, regulatory changes and the consolidation reshaping local verticals.
Utilities
Midland Approves $110,000 Hogan Park Fence Project
The city's utilities department is hiring Maverick Engineering to build new fencing and automatic gates at five critical facilities.
Construction
Live Poll
Do you think local businesses should spend work time helping build affordable housing?
Diamondback Volunteers Build Home With Habitat
Over eighty Diamondback Energy volunteers are working with Permian Basin Habitat for Humanity to build a new home in Midland.
Oil and Gas
Diamondback Backs Permian Gas Pipeline Push
Diamondback Energy expects the Permian Basin to become the nation's largest natural gas play by the 2030s, backed by a new large-diameter pipeline project.
Regular subjects here include sector-wide employment trends, industry-wide regulatory shifts, supply chain crises that hit an entire vertical, and waves of mergers and acquisitions. Coverage reaches across Midland and the surrounding communities whose economies depend on the same sectors. Energy-linked industries tend to move in step with commodity cycles, so their stories often reflect outside pricing as much as local activity. Labor availability and equipment costs are the two pressures that recur across nearly every sector covered here.