by PBPA Staff In early February, reports began to circulate that Texas was going to be hit by a severe winter weather event. Before the storm hit, the Electric Reliability Council of Texas (ERCOT) declared on February 8th that the event would “bring Texas the coldest weather we’ve experienced in decades.” At the depths of the storm, in the Permian Basin alone we not only saw … [Read More]
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Reporting for Duty
Greeting and salutations! I hope this month’s edition finds you doing well as we recover from the COVID-19 pandemic and the downturn in the oil and gas business. … [Read More]
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“Never Going Back”
From the drill bit to the back office, information technology’s efficiencies and insights are helping the oil and gas industry survive and even thrive in more and … [Read More]
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The Legislature: An Appraisal
“Always do right. This will gratify some and astonish the rest.” —Mark Twain What about the 2021 Texas Legislature and your employees? As of February 1, 2021, more than 45 bills have been filed in the Texas Legislature addressing employers and … [Read More]
The Deepest Dip
On April 20, 2020, the benchmark price of oil—WTI—fell to an unprecedented level of -$37.61 for May 2020 futures contracts. While this event was not on the level of the invasion of Normandy or the release of the next iPhone version, its shock waves ripped … [Read More]
Let’s Dig a Little Deeper
Like the old saying goes, there are only two kinds of people when it comes to digging or doing excavation work. There are (1) those who have hit a line, and (2) those who are going to. I do not know anyone who has not hit a line unless they just started … [Read More]
