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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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Magellan to expand pipeline to west Texas, build terminal in Midland

January 2, 2020 by PBOG

Tulsa-based Magellan Midstream Partners said Dec. 20 it will expand its pipeline transporting gasoline to Abilene and El Paso in west Texas and on to New Mexico, Arizona and Mexico to 175,000 barrels per day from 100,000 b/d. It’s the western leg of Magellan’s refined products pipeline known as the South system. Magellan also is […]

Filed Under: PBOG Newsletter

Primus Green Energy to study gas-to-gasoline plant in Texas

January 2, 2020 by PBOG

Houston-based Primus Green Energy and an unidentified global petrochemical company awarded a contract to Houston-based IHI E&C International Corp. for a front-end engineering and design study for a first-of-its-kind natural gas-to-gasoline plant in Texas. The proposed plant will consume 28 MMcfd of natural gas to produce 2,800 b/d gasoline. Primus said Dec. 11 the plant […]

Filed Under: PBOG Newsletter

Matador to begin drilling in Stateline lease acquired from BLM

January 2, 2020 by PBOG

Dallas-based Matador Resources received 14 drilling permits for its Stateline asset area in southern Eddy County, N.M., from the Bureau of Land Management. Matador said Dec. 17 it now has 24 permits to drill oil and natural gas wells on federal leasehold it acquired from BLM in its New Mexico lease sale in September 2018. […]

Filed Under: PBOG Newsletter

Getting a Lift

January 1, 2020 by PBOG

“People out here will argue that a rod pump will draw a well down further than any other method of artificial lift,” said Jay Miller, vice president of gas lift for Midland-based Production Lift, “and that is true if the rod pump can be positioned at the true vertical depth of the well.” But the […]

Filed Under: Field Services and Pumping Units, Online Exclusive Tagged With: Artificial Lift, Jet Pump, Oil and Gas, permian basin

In a Philanthropic Spirit

January 1, 2020 by PBOG

MIDLAND, TEXAS—In a special event hosted by the Association of Fundraising Professionals / Permian Basin chapter, a select group of philanthropic-minded folks were feted at the Petroleum Club in this city on Nov. 19. This “National Philanthropy Day” celebration recognized deserving individuals and groups who have generously bettered their communities and their fellow human beings. […]

Filed Under: Fun, Online Exclusive Tagged With: Oil and Gas, permian basin

PBPA Annual Meeting in Pictures

December 30, 2019 by PBOG

MIDLAND, TEXAS—The Permian Basin Petroleum Association gathered its faithful in this O&G-centric city Oct. 23-24 and shared its news, views, plans, and projections as 2019 was analyzed and 2020 put in its sights. An enthusiastic membership packed into the new downtown Barbara and George H.W. Bush Convention and Civic Center on Thursday, Oct. 24, in […]

Filed Under: Featured Article, PBPA Tagged With: Annual Meeting, Oil and Gas, PBPA, permian basin

U.S. crude oil production growth slows to 30,000 barrels per day in January

December 26, 2019 by PBOG

Crude oil production leader Permian Basin is expected to add an additional 48,000 barrels of production per day next month to reach 4.742 million barrels of crude oil per day, according to the drilling productivity report of Dec. 16 for seven major regions by the U.S. Energy Information Administration. Because of contractions in most other […]

Filed Under: PBOG Newsletter

Karr Ingham’s Texas Petro Index declines again to below 200

December 26, 2019 by PBOG

The Texas Petro Index by petroleum economist Karr Ingham declined for the eighth straight month in October and fell below 200 for the first time since 2010. The index, based on a comprehensive set of industry economic indicators, was 196.9 for October (base 100 in January 1995). The index started the year at 212.5 in […]

Filed Under: PBOG Newsletter

Interim charges in Texas House include oil and gas wastewater study

December 26, 2019 by PBOG

Interim charges to committees in the Texas House of Representatives include a joint charge to the energy resources and ways and means committees to study the status of recycling and reuse of produced oil and gas wastewater and evaluate methods to incentivize these processes. Speaker Dennis Bonnen also requested that the energy resources committee study […]

Filed Under: PBOG Newsletter

Baker Hughes to power Texas facilities with renewable souces wind, solar

December 26, 2019 by PBOG

Houston-based Baker Hughes said Dec. 11 it signed a 10-year agreement with French-owned power company EDF Energy to get 100 percent of electricity for its 170 facilities in Texas from renewable sources wind and solar. Baker Hughes said the power will come from the White Mesa wind farm of Apex Clean Energy near the west […]

Filed Under: PBOG Newsletter

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