By Bill Price As PBOG Magazine continues its three-issue series on “The Making of a Well,” with coverage this issue of the drilling process (“Getting to the Bottom of Things,” p. 76), I’m tracking along by covering the various human resources (types of people) required in each of the various stages. In this second installment […]
A Test of Allocation
Allocation wells have become a fairly hot topic with the Texas Railroad Commission, and Lessors. Although I have written about this previously, a refresher may be in order. The Texas Railroad Commission has been issuing permits since 1998 based on Production Sharing Agreements. These Agreements, signed by the interest owners, combine units or unpooled tracts […]
A “Threatened” Listing, an Embattled Industry
Last month we were able to close a chapter on one of the most pointed attacks our oil industry has ever withstood. Who would have ever thought that a federal law designed to protect the American eagle would be the choice tool of exploit for men who hate the oil industry? More disturbing was the […]
To Take the Long View
Will Midland/Odessa become a part of the “Corridor to the Pacific”? It will if more people like Buddy Sipes climb on that train. It’s a big vision for a guy who’s had some other clearly defined aims, most of them in Permian Basin oil and gas. By Al Pickett, special contributor Play it where it […]
Making the Transition
Growth is a good thing, certainly, and here in the Basin, growth has been had in abundance. But growth comes with complications and challenges as well. We spoke with three professionals to get their advice for small- to mid-sized companies that are… Making the Transition By Jesse Mullins If there’s one thing we’ve noticed, as […]
The Changing Dynamic
While the size of the prize in the Permian Basin is now greater than ever in my lifetime, the bar is set higher than ever for those who aspire to attain the prize. I am told that the late 1950s was a great time to be in the Permian Basin, but I did not show […]
News Reviews – April 2014
After successful open seasons, Medallion Pipeline said it will build a crude oil pipeline, Wolfcamp Connector, and its southward extension, the Reagan Gathering Extension, in West Texas. Irving-based Medallion expects to place both pipelines in service by the end of 2014. The combined gathering system will extend about 112 miles through the Midland Basin at […]
Shale Gas Biz Gets “Verification”
DNV GL launches what it calls the first “global, risk-based shale development verification service.” Houston-based DNV GL, an independent foundation whose stated mission is one of “safeguarding life, property, and the environment,” announced March 12 the launch of a comprehensive, tailor-made independent verification service based on the provisions of its Recommended Practice for Risk Management […]
PBPA Matters: Habitat Conservation Hits 2.5 Million Acres
The U.S. Fish and Wildlife Service approves oil and gas industry Candidate Conservation Agreement with Assurances By the time this issue appears, the U.S. Fish and Wildlife Service (USFWS) may have already announced its intentions as to whether or not it will list the Lesser Prairie Chicken as an endangered species. In the meanwhile, however, […]
PBPA Matters: New Mexico Legislative Wrapup
By Mike Miller The New Mexico Legislative Session came to a close at noon on Feb. 20. The session ended in a flurry and in the end 91 bills were passed along with four constitutional amendments. Of the 91 bills, all but two of them were passed in the last 2 ½ days of the […]
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