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Phone: 432.520.PIPE (7473)
Toll Free: 800.636.5084
Fax: 432.684.3902
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Corporate Address:
7100 W. I-20
Midland, TX 79706

Yard Address:
7100 W. I-20
Midland,TX 79706

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Company News

2nd Annual Energy Expo

The DRM Companies is proud to announce our participation in the 2nd Annual Energy Network Expo in … [Read More...]

Energy Market

RSS Market news

  • As cash flow flattens, major energy companies increase debt, sell assets July 29, 2014
    Cash from operations for major energy companies has flattened in line with flat crude oil prices, which have had the lowest price volatility in years. Based on data compiled from quarterly reports, for the year ending March 31, 2014, cash from operations for 127 major oil and gas companies totaled $568 billion and major uses of cash totaled $677 billion, a d […]
  • Natural gas injection season continues on pace for record refill July 28, 2014
    Nearly midway through the summer storage injection season, working gas in storage is on pace to meet EIA's expectations for a record overall build. The current Short-Term Energy Outlook projects a record build of close to 2,600 billion cubic feet (Bcf) from the beginning of April through the end of October, which would put inventories at 3,431 Bcf at th […]
  • Biofuels are included in latest U.S. Navy fuel procurement July 25, 2014
    Recently the Department of Defense (DoD) released its annual procurement for bulk fuels to be delivered to its facilities in the eastern and inland United States and Gulf Coast. For the first time, this procurement requests military-specification diesel fuel and jet fuel that are blended with biofuels. The biofuels components, however, are optional and will […]
  • U.S. petroleum refineries running at record levels July 24, 2014
    U.S. refineries have been processing record volumes of oil recently. Refinery inputs hit a record-high 16.8 million barrels per day in each of the past two weeks. Refineries in the Midwest and Gulf Coast in particular pushed the total U.S. input volume upward, as these refiners' access to lower-cost crude oil, expansions of refining capacity, and increa […]
  • Oil and natural gas sales accounted for 68% of Russia's total export revenues in 2013 July 23, 2014
    Russia is a major exporter of crude oil, petroleum products, and natural gas, and sales of these fuels accounted for 68% of Russia's total export revenues in 2013, based on data from Russia's Federal Customs Service. Russia received almost four times as much revenue from exports of crude oil and petroleum products as from natural gas. Crude oil exp […]