At the PBPA Annual Meeting, Pioneer Natural Resources’ President and COO Tim Dove raised a concern about the growing excess of light sweet crude being developed in the unconventional plays in the Permian Basin, exacerbated by the light crude and condensate being developed in the Eagle Ford. Not coincidentally, Pioneer is one of the major […]
News Reviews: Infrastructure Keeps Catching Up
Ripples from the drilling boom keep extending outward. The second phase of construction on a crude oil rail loading facility in Wink, Texas, by Houston-based Genesis Energy is nearing completion on the Texas-New Mexico Railway, which connects to Union Pacific in Monahans. The facility, an origin terminal, will give the company the ability to load […]
Out and About: Tops in the Industry
The debut celebration of the Southwest Oil and Gas Awards recognized the best in the region. Carried along on a mood of festivity and well wishing, the 2013 Southwest Oil and Gas Awards recognized the top performers in this region’s oil and gas industry as a glamorous gala dinner and awards ceremony unfolded Oct. 22 […]
Safety: Struck-by and Caught-between
These two categories of accidents are sadly too common and quite often leave lasting tragedies. By Darrel Canada With Oct. 1 having marked the beginning of a new year on the “accident counts and fatalities” that have been reported to the BLS (Bureau of Labor Statistics), we here in Region 6 come into the new […]
Work and Play: The Road Goes on Forever
And so do the goodies at La Bodega. Where to Eat: Cheese Chile Relleno, you are marvelous. Let me count the ways. Your gooey center surrounded by spicy peppery goodness. Your layer of perfectly fried dough—of course you’re fried, you couldn’t be any other way. Your blanket of sweet and spicy fresh tomato sauce, […]
Sand is BIG
And getting more complex, along with the ceramics that have joined the proppant ranks. Meanwhile, growing demand, shrinking mesh sizes typify changes for the proppant industry. “Be a tiny grain of sand Words of wisdom, ‘Yes, I can.’” So sang Earth Wind and Fire more than a few years ago, and today, tinier and tinier […]
From the General Counsel: A Matter of Balance
The Eleventh Court of Appeals, located in Eastland, Texas, recently dealt with an issue I tend to avoid, if I can, in these articles: the seemingly never-ending dispute between the respective rights of surface owners and oil and gas operators. In this unique case, the operator, Southwest Royalties, Inc. (SRI), sued the surface owner, Mr. […]
Executive Session
The Executive Oil Conference, in its first unfolding at a new venue and a fall (not winter) date, fetched a full house and showcased some influential voices. MIDLAND, TEXAS—As the organizers of the Executive Oil Conference noted shortly after the conclusion of their Oct. 15 event, the EOC “allowed some 1,000 attendees the opportunity to […]
From the Chairman: The Place to Be
As I look out the window at a bluebird sky in Midland, I breathe a satisfied sigh of relief that October has passed as I participated in four conferences: NMOGA in Santa Fe, the Executive Oil Conference in Midland, Pine Brook Road Partners’ Annual Investor Conference in New York, and the Permian Basin Petroleum Association […]
From the President: Positive Developments
This year’s PBPA annual meeting was a tremendous success, by all accounts. I want to thank all of you for attending and give a special thanks to our sponsors and speakers. As we heard from both our elected officials and our CEO panelists, the Permian Basin is the place to be economically and should remain […]
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