So Much to Sort Out The year 2017 begins with big deals and big changes, all accompanied by fresh takes on the new doings. These are the full versions of the articles shown in truncated form in the print version of our March issue. Texas to Lead in Production Through 2018 In EIA’s January Short-Term […]
Ode to the Oil Patch
Poet Laureate of the Oil Patch The man who was known as “Rod Tailin’ Blackie” was a voice for the ages. Few occupations have been immortalized in poetry like the gold mining poems of the Yukon penned by Robert W. Service. Alas, the petroleum industry has no poet of that stature to glorify its lifestyle. […]
The Well That Launched the Permian
Santa Rita #1 was the discovery well that opened what would prove to be the biggest oilfield in America, and what might someday become the biggest in the world. Its story is one that epitomizes what the oilfield is all about. by Bobby Weaver It has been almost one hundred years since the Santa […]
To Give It Another Go
Refracturing gives producers another crack at declining wells. Improved frac procedures and the opportunity for strong cost-benefit balances are behind the renewed interest in refracturing. By Paul Wiseman Much like the rise in horizontal drilling that started a few years ago, industry veterans realize that refracturing is not so much new as it is […]
Tracking the 2017 New Mexico Legislature
We present, below, our second monthly Q-and-A with Mike Miller, governmental affairs representative for New Mexico for the Permian Basin Petroleum Association. PBOG magazine spoke with Mike on the early activity in the statehouse. PBOG: Last time we talked, it was before the whole session had started, and the biggest point you made was […]
Texas Legislative Session Underway
The 85th Texas Legislature convened on Jan. 10 and is set to adjourn on May 29, 2017. With the Texas House and Senate meeting only six months every two years, thousands of bills are drafted and brought to a vote every legislative session in a very short amount of time. The Permian Basin Petroleum Association […]
Drilling Deeper: What a Difference a Year Makes
Such is the story nearly everywhere we look. These are the full versions of the articles shown in truncated form in the print version of our February issue. EIA: U.S. Proved Reserves in 2015 Declined Due to Lower Prices U.S. crude oil proved reserves declined 4.7 billion barrels (11.8 percent) from their year-end 2014 levels […]
Where the Action Is
Like a canary in a mine, an oilfield auction can be a bellwether of oil economy health. Frac equipment led auction sales for two years, as hardware that was being unloaded on the marketplace. And yet now it’s a hot buy. By Paul Wiseman When gauging the health of the oil field economy, there’s […]
The Next Generation
MISD’s Petroleum Academy visits a Diamondback rig north of Midland. The Permian Basin Petroleum Association and the E&P firm Diamondback among those contributing to training the next generation of oilfield hands. by Paul Wiseman The phrase “field trip” may conjure up images of the zoo or the farm. But for enrollees in the […]
Humility, Thy Name Is…
Mack Chase is the recipient of the PBPA’s Top Hand award. Those close to Mack speak out about his life and many accomplishments. by Tony Burke and Lana Cunningham Entrepreneur. Risk taker. Patriarch. Philanthropist. Oilman. Mack C. Chase is many things to many people, and to the PBPA, he is the 2016 recipient of […]
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