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Permian Basin Oil and Gas Magazine

PBOG is the Official Publication of the Permian Basin Petroleum Association and is published monthly by Zachry Publications, LP.

  • News
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    • Automation, Controls and Measurement
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    • Fracking, Frac Sand and Water
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    • Technology
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  • Legal Articles
  • Drilling Deeper
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Three Liquefaction Trains on Tap For NextDecade’s LNG Project

September 1, 2023 by PBOG

Baker Hughes announced in July it has been awarded an order by Bechtel Energy Inc.—to be booked in the second quarter of 2023—to supply three Main Refrigerant Compressors (MRCs) for NextDecade’s Rio Grande LNG project in the Port of Brownsville, Texas. In total, Baker Hughes will supply six Frame 7 gas turbines paired with 18 centrifugal compressors across Rio […]

Filed Under: Drilling Deeper

Q&A: Helping Operators to Optimize Production from Complex Shale Reservoirs

September 1, 2023 by PBOG

For shale operators, midstream companies, and gathering network or saltwater distribution network owners, it can be difficult to uncover how to get the most production and overcome operational challenges in the field. Schlumberger’s Serdar Atmaca, Business Development Manager – Digital Ops Solutions, and Nicolas Gomez Bustamante, Principal Production Engineer – Digital Ops Solutions, explain how […]

Filed Under: Advertising, Industry Analysis, Techonology Tagged With: Shale Production; shale operators; midstream; saltwater distribution; schlumberger; pipeline

Corpus Plant Will Mean 2,400 Jobs

September 1, 2023 by PBOG

The resumption of construction of the Jumbo plastics project in Corpus Christi will bring great social benefit as it is estimated to generate up to 2,400 jobs at peak construction. The plastics factory project has gone through several stages since its initial planning more than 10 years ago, as construction had been stalled for several years, but it […]

Filed Under: Drilling Deeper

North America to Drive Small-scale LNG liquefaction Capacity Additions

September 1, 2023 by PBOG

North America is expected to witness the highest small-scale LNG liquefaction capacity additions globally during 2023-2027, contributing about 32 percent of the total global small-scale LNG liquefaction capacity additions by 2027, forecasts GlobalData, a data and analytics company. GlobalData’s latest report reveals that North America is to witness a total small-scale LNG capacity addition of 4,710 […]

Filed Under: Drilling Deeper

The Great Wind and Solar Land Grab

September 1, 2023 by PBOG

By Steve Goreham Which is more environmentally friendly, an energy source that uses one unit of land to produce one unit of electricity, or a source that uses 100 units of land to produce one unit of electricity? The answer should be obvious. Nevertheless, green energy advocates call for a huge expansion of wind, solar, and […]

Filed Under: Drilling Deeper

Energy Security is Priority Number One in the U.S. House

August 31, 2023 by PBOG

The Permian Basin Petroleum Association had a great turnout for our June luncheon where Congressman August Pfluger updated the attending audience with the recent legislative work of the 118th Congress in Washington, D.C. Thank you to everyone who helped make this such a great event. Congressman Pfluger discussed the recently passed Lower Energy Costs Act […]

Filed Under: Featured Article, From the Chairman, PBPA

Report: Permian Basin leads mergers, acquisitions in second quarter

August 29, 2023 by PBOG

Upstream mergers and acquisitions accelerated in second quarter, according to Enverus Intelligence Research, after a relatively quiet 1Q.  Enverus said second quarter activity expanded with 20 transactions valued at $24 billion.  That included six deals of more than $1 billion each, including five with assets in Permian Basin.  “The need for public buyers to secure […]

Filed Under: PBOG Newsletter

Devon Energy reports record oil production in 2Q led by Delaware Basin

August 29, 2023 by PBOG

Oklahoma City-based Devon Energy said recently that production averaged 420,000 boed (50 percent oil) in 2023Q2 in Delaware Basin.  Devon operated 16 rigs and four completion crews in Delaware in 2Q resulting in 76 gross wells placed online, including the 11-well Mule development in Eddy County, N.M.  Early production from six wells targeting Wolfcamp B […]

Filed Under: PBOG Newsletter

EOG Resources develops strategies in Delaware Basin to use in emerging plays

August 29, 2023 by PBOG

Houston-based EOG Resources said recently that efficiencies and cost-reduction strategies developed in its foundational assets in Delaware Basin and Eagle Ford are delivering operational improvements in the company’s emerging plays.  EOG reported Aug. 3 improvements of up to 25 percent in daily drilled footage in Dorado dry gas play in south Texas, Ohio Utica and […]

Filed Under: PBOG Newsletter

U.S. count of 632 rigs declines 17 percent in past year, Permian down to 320

August 29, 2023 by PBOG

Baker Hughes’ count of active drilling rigs in U.S. fell for the seventh straight week in the weekly report for Aug. 25.  There were 632 rigs in U.S. – down 10 in the past week and down 133 (17.4 percent) in the past year from 765.  Also, there were 320 rigs in Permian Basin (down […]

Filed Under: PBOG Newsletter

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June 2025

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