Fresh offerings of products and services for the oil and gas set. Push-In Foam Earplug Honeywell (NYSE:HON), on Apr. 6, announced the Howard Leight TrustFit Pod push-in foam earplug that provides workers with properly fitting ear plugs to protect against noise-induced hearing loss (NIHL). Research shows that half of all industrial workers experience […]
Broadened Horizons: WTI Crude’s Comeuppance
Observers expound on what the recent lifting of the crude oil export ban could mean to the U.S. energy climate. Julie Anderson On Dec. 18, 2015, the United States of America lifted a 40-year-old ban on exporting crude oil, put in place in 1975 in response to the Arab oil embargo. While the […]
Drilling Deeper: Relax And Get Yourself Right
When times get tough, sometimes you just can’t help but roll with the changes. If only those pesky regulatory bodies would relax with you… These are the full versions of the “Drilling Deeper” news items that appeared as abbreviated versions in the print edition of PBOG’s June 2016 issue. Hess is Oil’s Best “Corporate […]
The Broader Picture: June 2016
Where we share some O&G news from beyond the Permian’s borders—news that, in some way, touches the Basin. EIA Apr. 25 Above-normal temperatures during the 2015-16 winter were a key factor in lowering heating demand and winter fuel expenditures. Compared with the 2014-15 winter, propane and heating oil demand decreased by 16 percent and […]
Adaptation, Diversification & Hunting
Oilfield service companies come in all shapes and sizes. While competition is most certainly fierce, it may also be fair to say that no two service companies are exactly alike. They are far-ranging in size, in scope, and in their offerings. Separate from active drilling operations, but practically indispensible to the practice of drilling, service […]
The Price of Oil and Its Economic Impact on Texas
At the March 17 luncheon of the Permian Basin Petroleum Association, the luncheon speaker was Mr. James LeBas, former Chief Revenue Estimator for the Texas Comptroller’s Office and currently a tax and fiscal consultant. What follows is a transcript of his talk. [Editor’s Note:] PBOG Magazine attended this luncheon and prepared this report. Mr. […]
The M&A Delay
Thoughts on when and where to look for Big Deals in the Basin. by J. Chase Beakley Common sense would suggest that as the icy fingers of debt grow longer and oil prices continue to drag, mergers and acquisitions cannot be far behind. Larger companies with greater stability should use this opportunity to buy […]
Year-Round Respect
by Julie Anderson Twice each year, our country makes a special point to pause, remember, and thank our soldiers, those who died in service to their country on Memorial Day, and those still among us, on Veterans Day. In recent decades, in the midst of profoundly unsettling events, the honor and respect for veterans and […]
A Tale of Two Cities
Odessa and Midland deal with volatility together and apart. Chase Beakley It was the best of times, it was the worst of times. You knew that was coming. After rattling off a list of poetic polarities, Dickens concluded that famous opening by saying, “In short, the period was so far like the present period, […]
Drilling Deeper: Re-Tooling
In this week’s miscellany of articles, if there’s a common thread, it’s a focus on recapitalizing, stimulating, improving safety, or improving as a communicator; one way or another, many are seeing this time in oil and gas as a time of self-improvement as we look ahead to better times. These are the full versions of […]
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