Julie Anderson During this seemingly long season of uncertainty, those in most every facet of the oil industry have been forced to analyze practices to determine whether or not what worked during prosperity will still work during scarcity. Changes have been made on all levels, from scaled-down activity to shrinking inventory to reduction of […]
The Engineer and the Conductor
Ryan Sitton is new guy at the Texas Railroad Commission, but with his technical background and measured approach, he was made for this post. by Al Pickett, Special Contributor Ryan Sitton, the newest member of the Texas Railroad Commission, has now been on the job a little more than a year since being elected […]
Resiliency for Rent
by J. Chase Beakley To make a living renting equipment in the Permian Basin, you have to be flexible. Companies that are too slow to mobilize their fleets when business is booming will get elbowed out of the industry, and when things slow down they have to help their customers find ways to save […]
Decoding the State of the Union: What It Means for Texas Oil
by Chase Beakley On Jan. 12, President Obama gave his final State of the Union address, which he promised would included more ideas for America’s longterm future than policies for his final year in office. However, he did highlight a few efforts that he intends to devote his attention to in 2016 and as […]
New And Noteworthy
Fresh offerings of products and services for the oil and gas set. You Load 60 Tons? What Do You Get? You get this hook. Expanding its line of high-quality, forged rigging hooks, Columbus McKinnon Corporation (NASDAQ:CMCO), a leading designer, manufacturer and marketer of material handling products, now offers high-capacity rigging hooks with capacities ranging […]
Drilling Deeper: Mixed Bag
In this month’s miscellany of articles, “doom and gloom” largely holds sway, chased with the always-bittersweet implications of acquisition news. The Corn-Fed Albatross Called Ethanol In this excerpt from the Jan. 6 edition of The Wall Street Journal, Institute for Policy Intervention’s Dr. Merrill Matthews pointed out that if a presidential candidate opposed to […]
Pit-less in the Permian
Closed-loop drilling fluids systems shrink industry footprint. By Julie Anderson Perhaps it’s time to change the conversation, at least for a bit. There’s no denying the volatility, uncertainty, and gravity of declining oil prices, especially when it results in job loss. With that said, how about taking a look at the landscape in […]
Carefully Consider Options When Facing a Lease Termination Dispute
By Conrad Hester Thompson & Knight LLP With oil dipping below the $30 per barrel mark, the continuing profitability of many oil and gas leases may be in jeopardy. The likely result will be a spike in claims that a lease has terminated due to a failure to produce in paying quantities. Whether a marginal […]
Odessa as Survivor and Thriver
Odessa comes out on top in manufacturing and distribution sectors. ODESSA, TX – As oil prices continue to spiral downward, the shares of at least some oil producers from the Permian Basin rank among the top performing energy stocks in the country, leading several sources to call the West Texas region a “rare glimmer of […]
Well Shooter
Things are bigger in Texas. Tex Thornton, an early 20th century oil well firefighter in the Lone Star State, strung together enough exploits to become, at least during his era, the biggest name in his daring trade. by Bobby Weaver No oilfield occupation has the aura of romance and danger like that of oil […]
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