The first volume of a study of water issues in the Permian Basin is expected to be released to subscribers next month by Drillinginfo, an oilfield data company, and B3 Insight, a water data company. A lack of pipeline infrastructure to move crude oil and natural gas to market was previously considered the primary constraint […]
EagleClaw Midstream begins operations at Pecos Bend IV plant
Midland-based EagleClaw Midstream, a portfolio company of Blackstone Energy Partners and I Squared Capital, said last week it started commissioning its fourth cryogenic processing plant, Pecos Bend IV, with full operation scheduled next month. The completion of Pecos Bend IV will increase EagleClaw’s total interconnected processing capacity in the Delaware Basin to 1.3 Bcfd. EagleClaw […]
Big Spring, Moviemaking Mecca
by Jesse Mullins BIG SPRING, TEXAS—Members of the cast and crew of The Iron Orchard descended upon Big Spring, Texas, in late February as part of their publicity tour for the theatrical release of their new film. On the evening of the 21st, they were in attendance at the city’s Cinemark multiplex for a screening […]
Legislature Picks Up Pace
Oil Industry Keeps Watchful Eye on High-Impact Proposals by Julie Anderson As March came to a close, Texas lawmakers had cleared one major hurdle: March 8. The 60th day of the 86th Legislative Session was the deadline for the unrestricted filing of bills and joint resolutions other than local bills, emergency appropriations, and emergency […]
Testing the Waters
Water is the talk of the Basin. Where water goes, or does not go, seems to sway as many decisions as does any other factor. By Jesse Mullins Is it possible that any industry moves faster than the oil and gas industry? When did O&G become a “sand” and “water” industry? Sure, those ingredients […]
Character Matters
The prime mover behind Midland Energy, S. Javaid Anwar, was feted by a full house as the PBPA bestowed its highest lifetime honor, the Top Hand Award, on this deserving recipient. MIDLAND, TEXAS—This year’s year’s Top Hand Award Banquet honoring S. Javaid Anwar of Midland Energy Inc. fetched hundreds of PBPA members and other individuals […]
Determining Legislative Fate
Industry Issues Spread Across Multiple Committees by Julie Anderson On the 45th day of the Regular Session of the Texas Legislature, the Legislative Reference Library published a set of statistics that paints a clear picture of the intrinsic value of legislative committees. As of Feb. 21, the Texas House of Representatives had filed 2,277 bills, […]
I.T. is what I.T. is
In the field and in the back office, information technology, and the automation that arises from it, continues to boost efficiency. This is not your father’s automation. By Paul Wiseman For decades, oilfield automation was controlled by devices called Programmable Logic Controllers. A PLC is a small, limited function computer that controls process in […]
Drilling Deeper: Fresh Approaches and First Steps
In this month’s roundup of news and views, the business of starting afresh strikes a common chord. These are the full versions of the “Drilling Deeper” news items that appeared as abbreviated versions in the print edition of PB Oil and Gas Magazine’s March 2019 issue. IAC Opens In-Basin Facility For Resin Coating Industrial […]
Future Oil Price Road Map: See For Yourself
What’s going on? Less than 4 months ago in early October, WTI was $77/B and some international banks and trading houses said it was going to $100/B! Just over 2 1/2 months later, on the day before Christmas, WTI had fallen to $42/B. The Wall Street Journal kept saying it was all because of a […]