Dick Saulsbury’s impact can be felt on projects all across the Permian Basin, and now his remarkable career will be recognized when Saulsbury is honored as the Permian Basin Petroleum Association’s 2019 Top Hand winner at the annual Permian Basin 2019 Top Hand Award Banquet on the evening of Jan. 16 at the Barbara and […]
Permian Cost-Effective Artificial Lift Strategies
Improve Production By Effectively Analyzing Data – Interview With Christina Bernet, Bonanza Creek Energy. Production teams across the Permian Basin are on the lookout for practical solutions, best practices and strategies for overcoming critical challenges and bottlenecks that face them on a regular basis as they battle with day-to-day challenges such as equipment breakdowns, high […]
EIA releases new maps, geologic information for Bone Spring
New maps and geologic information for Bone Spring in the Delaware Basin have been released by U.S. Energy Information Administration. Stonnie Pollock, president of the West Texas Geological Society, told the Midland Reporter Telegram that the information “appears to be more generalized information pulled together from public information sources.” EIA reportedly reviewed data from 22,000 […]
Transaction makes Tenaris largest steel pipe producer in North America
International steel pipe manufacturer Tenaris said Jan. 2 it closed a previously announced transaction to acquire IPSCO Tubulars, a U.S. manufacturer of steel pipe, from Russian steel maker PAO TMK for $1.067 billion. Also, Tenaris’ announcement said the parties entered into a six-year distribution agreement whereby Tenaris will be the exclusive distributor of TMK’s OCTG […]
U.S. rig count down 58 percent since peak of 1,609 in October 2014
Baker Hughes’ weekly count of active oil and gas drilling rigs started 2020 where it spent most of 2019 – with declining counts in Permian Basin, Texas, New Mexico and U.S. The U.S. count lost 9 rigs in the past week to return to below 800 at 796 (it also was below 800 in early […]
INET partners with Nokia to bring 5G mobile data service to Permian
Houston-based Infrastructure Networks and Finnish cell phone equipment giant Nokia said this week they are partnering to bring fifth generation mobile data services to the Permian Basin and three other industry regions. INET said Tuesday it completed a major expansion of its private LTE network – adding capacity in existing areas, doubling geographic coverage, and […]
Oilfield Water Logistics acquires wastewater wells, pipelines from EOG
Dallas-based Oilfield Water Logistics said this week it acquired 23 saltwater disposal wells and 300 miles of oilfield wastewater gathering pipelines in the Delaware Basin of southeastern New Mexico from “a major Permian Basin oil producer.” The Houston Chronicle reported Wednesday that the seller was Houston-based EOG Resources. OWL’s announcement also said the two parties […]
What a Leader Does
If you think you are leading and turn around to see no one is following, then you are just taking a walk. —Benjamin Hooks Each month I like to share tips for different things related to human resources. This month I’d like to share some leadership tips. Recently I was inspired by a speaker and […]
Permian Basin #1
Just one hundred years ago this year, some 19 years following the Spindletop discovery on the Gulf Coast that made Texas the leading oil producing state in the nation, the first successful oil well in what was to become known as the Permian Basin was drilled. At the time the region was viewed as a […]
Texas ranks first in wind energy production with 27 gigawatts of capacity
U.S. Department of Energy said last month Texas is No. 1 for wind energy production with about 27 gigawatts of installed capacity. The nation reached a milestone in 2019 of 100 gigawatts of installed wind energy capacity. (One gigawatt provides power for 700,000 homes.) Producers were expected to add another 7.2 gigawatts of capacity in […]
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