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Permian Basin Oil and Gas Magazine

PBOG is the Official Publication of the Permian Basin Petroleum Association and is published monthly by Zachry Publications, LP.

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Jacam Catalyst completes another expansion at headquarters in Gardendale

September 24, 2024 by PBOG

Oilfield chemical company Jacam Catalyst recently completed another expansion to grow to 65 acres and 90,000 square feet at its headquarters in Gardendale.  The latest addition was 18,000 square feet.  “This is a testament to our company’s increasing footprint and our ability to deliver top-notch, cost-effective products to our loyal customers,” Vern Disney, president, said.  […]

Filed Under: PBOG Newsletter

Permian Basin, Texas add drilling rigs in past week while U.S. count declines

September 24, 2024 by PBOG

The counts of drilling rigs in Permian Basin and Texas increased in the past week despite a decline for the fifth time in the last six weeks in U.S.  Baker Hughes said as of Sept. 20 there were 307 rigs in Permian Basin (up 1 from 306 week ago, down 10 from 317 year ago) […]

Filed Under: PBOG Newsletter

Permian oil production to grow in 4Q in addition to natural gas after Matterhorn

September 24, 2024 by PBOG

East Daley Analytics said recently oil production in Permian Basin is primed to grow in 4Q along with natural gas production after the scheduled startup of Matterhorn Express gas pipeline this month.  East Daley Analytics expects Matterhorn to begin operations between Sept 15 and Oct. 1 with capacity of 2.5 billion cfd from Waha in […]

Filed Under: PBOG Newsletter

Looking to 2025: A Full House (and Senate)

September 23, 2024 by PBOG

After another successful Annual Meeting, the Permian Basin Petroleum Association is gearing up for a full legislative session in Texas and New Mexico in 2025, and with your continued support we can ensure that the brightest days still remain ahead for the Permian Basin. Before we look ahead to the future I would like to […]

Filed Under: Featured Article, From the President

Commission inspectors visit west Texas after earthquake north of Midland

September 20, 2024 by PBOG

Officials from Railroad Commission of Texas have been in west Texas this week after Monday’s 5.1-magnitude earthquake centered 28 miles north of Midland.  It was one of at least 50 quakes in Martin and surrounding counties in the last week.  The commission told Lubbock Avalanche Journal, “The RRC has been in contact with operators and […]

Filed Under: PBOG Newsletter

Matterhorn pipeline to improve gas price difference for Henry Hub and Waha

September 20, 2024 by PBOG

When regional growth in natural gas production outpaces pipeline takeaway capacity, capacity constraints exert downward pressure on spot natural gas prices at the Waha hub near Permian Basin production.  U.S. Energy Information Administration said Sept. 10 that prices at Waha have been below zero for 46 percent of trading days in 2024, including every day […]

Filed Under: PBOG Newsletter

Dorchester Minerals acquires mineral, royalty interests in Permian Basin

September 20, 2024 by PBOG

Dallas-based Dorchester Minerals said this week it agreed to purchase interests in Permian Basin for about $215 million.  About 65 percent of the acreage is in Delaware Basin and 35 percent in Midland Basin.  The agreements are for mineral, royalty and overriding royalty interests in Delaware and Midland basins.  Dorchester’s announcement Sept. 16 – with […]

Filed Under: PBOG Newsletter

Matterhorn begins service in September to increase gas takeaway capacity

September 20, 2024 by PBOG

EnLink Midstream, a stakeholder in Matterhorn Express pipeline, said the natural gas pipeline is expected to begin service this month to increase takeaway capacity in the Permian Basin.  Pipeline capacity is 2.5 billion cubic feet per day from Permian Basin to Katy.  Matterhorn is a joint venture of EnLink, Whitewater, Devon Energy and MPLX. U.S. […]

Filed Under: PBOG Newsletter

Pressure Pumping Under Pressure, OFS Could Soften, EWTC’s Event, and BBQ Done Right

September 19, 2024 by PBOG

Red-Headed Stepchild Pressure pumping seems like constant football, getting kicked around, winning or losing. First, things go flat. The observation that we know how to manage spiking growth and plummeting drops, but not flat times, was made by many to me. Pricing gradually erodes. Now account for the consolidations we have seen in E&P and the slowdown […]

Filed Under: Business & Analysis, Featured Article, People

DeLa Express awards pipeline design contract to British firm Wood

September 17, 2024 by PBOG

DeLa Express, subsidiary of Moss Lake Partners, awarded a contract for front-end engineering design to British engineering firm Wood for its proposed pipeline to move liquids-rich natural gas from Winkler County in west Texas to a gas plant in Calcasieu Parish, La.  The pipeline is being designed to transport 2 billion cfd of natural gas […]

Filed Under: PBOG Newsletter

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