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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.

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Crucial Decision Making Analyzed in Talks

January 1, 2021 by PBOG

Ryan Sitton, founder of Pinnacle, a reliability data analytics company, and author of debut book Crucial Decisions, was recently featured as a guest lecturer to university students enrolled in energy management programs across the country. Topics included his knowledge of data analytics and the energy industry including potential challenges, opportunities, and transitions. Sitton will continue […]

Filed Under: Drilling Deeper

Steffes Expands in Permian With New Midland Office

January 1, 2021 by PBOG

Steffes has announced the opening of a new office in Midland, Texas. This new location provides the company with a larger inventory yard, office space for the local sales and service team, and adequate square footage for future manufacturing capabilities. According to Todd Mayer, Steffes co-president, “This expansion represents our continued commitment to sales, service, […]

Filed Under: Drilling Deeper

Refining Sector Braces For “Great Shakeout”

January 1, 2021 by PBOG

Demand destruction wrought by the impacts of COVID-19 is precipitating swift reassessment in the refining sector as the industry adjusts its level of refining capacity needed compared to what had been expected prior to the pandemic. The latest IHS Markit refined products demand outlook shows that the refining industry would need to shutter some 3.1 […]

Filed Under: Drilling Deeper

Danos Has Award-Winning Year

January 1, 2021 by PBOG

Danos has been named the recipient of the 2020 Workforce Innovator of the Year Award by the Louisiana Association of Business and Industry (LABI). According to the organization, the award honors organizations “that have provided substantial innovations or contributions to workforce development in Louisiana. The award recognizes those who have excelled in creating, implementing, or […]

Filed Under: Drilling Deeper

Industrial-Strength Brine, Meet Your Kryptonite

January 1, 2021 by PBOG

A thin coating of the 2D nanomaterial hexagonal boron nitride is the key ingredient in a cost-effective technology developed by Rice University engineers for desalinating industrial-strength brine. More than 1.8 billion people live in countries where fresh water is scarce. In many arid regions, seawater or salty groundwater is plentiful but costly to desalinate. In […]

Filed Under: Drilling Deeper

O&G Economic Benefits Packaged for Easy Sharing

January 1, 2021 by PBOG

America is the world’s leading producer of oil and natural gas. The oil and gas industry supports millions of American jobs, provides lower energy costs for consumers, and ensures our energy security. The Trump Administration and the Department of Energy have shown commitment to supporting our oil and gas industry so that we continue to […]

Filed Under: Drilling Deeper

Xcel Energy completes largest wind farm in New Mexico

December 30, 2020 by PBOG

The largest wind farm in New Mexico was scheduled to go online about Jan. 1, 2021, as work on the project near the Texas-New Mexico border was completed. Associated Press reported Dec. 16 that Xcel Energy installed 240 turbines on Sagamore wind project in a $900 million project that spans 100,000 acres. It will be […]

Filed Under: PBOG Newsletter

Port of Corpus Christi approves agreement for Bluewater offshore terminal

December 30, 2020 by PBOG

Commissioners of Port of Corpus Christi last month approved an agreement with Bluewater Texas Terminal, joint venture of Phillips 66 and Trafigura, to operate an oil export terminal capable of loading 16 VLCCs per month with crude oil from Permian Basin and Eagle Ford. The agreement allows Bluewater to build offices and monitoring station on […]

Filed Under: PBOG Newsletter

Permian Basin rig count falls to 173, Texas count up 1 to 159

December 30, 2020 by PBOG

Permian Basin’s streak of nine straight weeks of adding active oil and gas drilling rigs came to an end last week when its count fell by 1 to 173 rigs. U.S. and Texas counts increased. Baker Hughes said as of Dec. 23 there were 159 rigs in Texas (158 previous week), 65 rigs in New […]

Filed Under: PBOG Newsletter

DOE extends LNG export authorizations through 2050

December 30, 2020 by PBOG

U.S. Department of Energy said last month it has extended the terms of seven LNG export authorizations through 2050, including Golden Pass facility under construction in Sabine Pass and Texas LNG project proposed for Brownsville. “Critical to our nation’s energy independence are the prospects presented by these long-term LNG export extensions,” Mark Menezes, U.S. deputy […]

Filed Under: PBOG Newsletter

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