“We live here. We make a living here. We need to give back to the community.” With those words Alan Means summarized the attitude and philosophy of many companies located in the Permian Basin. Some firms raise money to help numerous nonprofit organizations. Others send employees to volunteer their time and expertise. And other […]
Keeping Regulations in Check
Proposed changes to Rule 13 and other regulations could severely impact the industry. What should we expect from Washington, Austin and Santa Fe now that the elections are over? From my view, we should expect increased proposed regulations for our industry from the Environmental Protection Agency (EPA), Department of Interior (DOI), U.S. Fish and Wildlife […]
Join Us in Midland: 3rd Annual Burmass Tools of the Trade Exposition
Burmass Tools Of The Trade Conference & Exposition Registration is open for the 3rd Annual Burmass Tools of the Trade. Click Here to Pre-Register to Attend – Free Admission Now Through January 31st, 2013 — ($10.00 After) Register as an Exhibitor Click Here View our Sponsorship Opportunities Click Here February 28 – March 1, 2013 […]
PBIOS 2012: As Good As Advertised
[portfolio_slideshow] Some 700 companies hosted more than 1,000 exhibits in what has been described as one of the most impressive and well-attended Permian Basin International Oil Shows on record. Attendees saw some of the most up-to-the-minute technology displayed at booth after booth. Advances in directional drilling, hydraulic fracturing, software, communications, and automation dominated much […]
A Stimulated Industry
Sometime in the midst of the three-day extravaganza known as the Permian Basin International Oil and Gas Show, the question arose, among a small circle of attendees, as to what exhibits or trends were the most impactful or talked-about among the hundreds on display. And while this discussion was entirely informal and non-scientific, the […]
Software Solutions
No more looking at paper maps or driving long distances to check wells. No longer does someone have to guess what is going on down the hole or manually determine what each phase of a well costs. In this advanced age of technology, energy companies cannot operate efficiently (or at all) without the latest advances […]
Pipe Dreams
As production increases in the Permian Basin, there is a second-stage challenge to the push to ensure success in the crude oil boom in West Texas and southeastern New Mexico: takeaway capacity. Producers need to get their crude oil to refiners at the highest possible price with the least expensive transportation costs. Tulsa-based Magellan […]
Major Revival
Oil booms. There was one in the 1950s and another in the late 1970s. People flocked to the towns in West Texas and southeast New Mexico. Companies were started and large ones expanded. Schools, housing, shopping all grew. People worked hard, played hard, and spent a lot of money. These were followed by that […]
Veteran Players
This great nation of ours celebrates Veterans Day this month. On Monday the 12th, federal employees will have a day off from work in recognition of this occasion. (The “legal,” traditional date is the 11th, a Sunday this year.) Whether we are relieved of work or not on that day, we all ought be relieved, […]
From the General Counsel
When JOA’s Pass to Subsequent Purchasers The Joint Operating Agreement—not always the simplest contract to interpret—can spawn additional issues when “heirs, successors, and assigns” enter the picture. In late June of this year, TransTexas Gas Corp. (Sandridge Onshore, LLC, is now TransTexas’ successor in interest) filed a petition for review in the Texas Supreme […]
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