It don’t mean a thing if it ain’t got… good rocks. Four Colorful Figures The famous Four Sixes Ranch in West Texas was founded by a famed rancher, Burk Burnett, who later became a famed oilman (viz., the Burkburnett Oil Boom of the early 20th Century). But before his oil days, Burnett lived the […]
New And Noteworthy
RISING ABOVE THE DOWNFALL OF OIL Karmic Energy, innovators of the digital oilfield and environmentally friendly products, have worked busily over the past several months to position the company for future growth. Taking steps to ensure a strong corporate base, the company first began making internal changes. As a team—all the way from the top […]
The Broader Picture | May 2016
EIA Mar. 30 The profitability of oil and natural gas development activity depends on both the prices realized by producers and the cost and productivity of newly developed wells… Costs per well generally increased from 2006 to 2012, demonstrating the effect of rapid growth in drilling activity. Since 2012, costs per well have decreased […]
Flying High Once Again
The Petroleum Museum renovation is complete, and the results are likely to amaze and delight almost any visitor. Lana Cunningham Five. Four. Three. Two. One. The countdown begins on the clock outside Mythcrackers Theater. Once visitors enter the small theater on the first stop at the newly remodeled Petroleum Museum, the fun begins. Visitors […]
A Permian Man Through and Through
PBOG remembers Audie Conder, a long-time well servicer, Railroad Commission employee, and loving family man. Al Pickett, special contributor He has been described as a go-to guy and a problem solver. That is how a generation of operators and contractors who dealt with the Texas Railroad Commission’s District 7B office in Abilene felt as […]
Talkers and Doers
In his new film, Fractured, filmmaker Mark Mathis compels us to watch our mouths when we talk about the energy industry. by Tony Burke “Something we shot [for Fractured] but didn’t use because we didn’t have time for it is: you could take every guy like me, I’m a professional talker, I’m a doer […]
Step Up for Safety
On Feb. 16, OSHA announced the 2016 Step-Up for safety in the upstream oil and gas industry to raise awareness among employers and workers about hazards in oil and gas exploration. During Step-Up events, employers around the country will take time out to conduct site inspections, safety training, and other activities. These events will run […]
Drilling Deeper: Some Settling of Contents May Have Occurred
In this week’s miscellany of articles, we see how different faces of the industry are adapting to changes in their world. These are the full versions of the “Drilling Deeper” news items that appeared as abbreviated versions in the print edition of PBOG’s April 2016 issue. Leaders Outline Path in Changing Landscape This year’s […]
Quantitative Easing and the Texas Oil Boom
How monetary policy pushed the industry over the edge. by Chase Beakley The Permian Basin has been inextricably tied to the global oil market since its inception, and although every warm body in the Basin knows this, there remains a feeling that the forces controlling their lives remain just beyond their understanding. And in […]
The Broader Picture: Reports from EIA, PIRA, and Platts
Where we share some O&G news from beyond the Permian’s borders—news that, in some way, touches the Basin. EIA Feb. 25 Despite lower crude oil prices, EIA expects Canadian oil production to continue increasing through 2017. Canadian oil sands projects that were already under construction when prices began to fall in 2014 and that […]
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