Thoughts on the latest advance here in PBOG Central, as well as an advance 213 years ago. And some collected wisdom, to boot.
Cool New Tool
If we might share a bit of inside (that is, inside PBOG) info, we at this magazine (and at its companion enewsletter, PBOG Blast, have designed and now launched an interactive online map that is sure to be of use to exploration companies, landmen, and others in the Permian Basin. It’s our new Drilling Permits map, and it displays the latest drilling permit information by pinpointing each permit on a map of the region. By clicking on the individual well sites, a user can open up a readout of permit info for that location. Try it out yourself by clicking here.
They Said It:
“Oil prices have fallen lately. We include this news for the benefit of gas stations, which otherwise wouldn’t learn of it for six months.” —Bill Timmaeus
“The oil companies are regulated by the federal government. They can’t drill on land nor in American waters without permission from the feds. Many Republicans want to ‘drill baby drill’ but what’s the point if all the oil goes to China? Increased production obviously doesn’t mean lower prices for us.” —Bill O’Reilly
“The Keystone Pipeline would make it easy and cost effective for oil producers in Canada to transport oil to the Gulf of Mexico where it could be shipped to customers—not just in the United States, but around the world.” —Ron Wyden
Word of the Month
CONSTITUTION: n., the way in which a thing is composed or made up; makeup; composition: the chemical constitution of the cleanser; politics: the fundamental political principles on which a state is governed, esp. when considered as embodying the rights of the subjects of that state. Used in a sentence: “We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution.” —Abraham Lincoln
September is the month that brings the annual occasion known as Constitution Day, celebrated on Sept. 17, the anniversary of the final meeting of the Constitutional Congress. On Sept. 17, 1787, those founding fathers signed the document.