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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

  • Russia looks beyond West Siberia for future oil and natural gas growth September 19, 2014
    Russia was the world's largest producer of crude oil (including lease condensate) and the world's second-largest producer of dry natural gas in 2013. Most of Russia's crude oil and natural gas production occurs in West Siberia, a part of central Russia that stretches from the northern border of Kazakhstan to the Arctic Ocean. However, new tech […]
  • Regional Greenhouse Gas Initiative auction prices continue to rise September 18, 2014
    September 3 marked the 25th auction of carbon dioxide (CO2) emission allowances by the Regional Greenhouse Gas Initiative (RGGI), a cap-and-trade program covering nine states primarily in the northeastern United States. Allowance prices for this auction were $4.88, marking the third consecutive auction that prices were at or above $4 per short ton of CO2
  • Panama Canal expansion will allow transit of larger ships with greater volumes September 17, 2014
    Ships carrying crude oil and petroleum products are limited by size restrictions imposed by several of the main thoroughfares of maritime navigation: the Panama Canal, the Suez Canal, and the Strait of Malacca. These size restrictions provide another way to classify the large tankers that carry most of global crude oil and petroleum product trade.
  • Oil tanker sizes range from general purpose to ultra-large crude carriers on AFRA scale September 16, 2014
    The global crude oil and refined product tanker fleet uses a classification system to standardize contract terms, establish shipping costs, and determine the ability of ships to travel into ports or through certain straights and channels. This system, known as the Average Freight Rate Assessment system, was created by Royal Dutch Shell six decades ago, and i […]
  • New petroleum technology revitalizes Powder River Basin oil production September 15, 2014
    The Powder River Basin, well-known for its abundant coal supply, is experiencing a turnaround in oil production. Production has rebounded from a low of 38,000 barrels per day (bbl/d) in 2009 to 78,000 bbl/d during first-quarter 2014. Although U.S. oil production growth is occurring primarily in the Bakken, Eagle Ford, and Permian Basins, the Powder River Bas […]