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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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    • Automation, Controls and Measurement
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Texas Pacific Land acquires mineral interests, surface acres in Permian Basin

September 3, 2024 by PBOG

Dallas-based Texas Pacific Land Corp. said last week it closed two transactions for $169 million for oil and gas mineral interests and surface acreage in Permian Basin. TPL acquired mineral interests on 4,106 net royalty acres in Culberson County leased to and operated by Coterra Energy. The acquired surface acres span 4,120 acres in Martin […]

Filed Under: PBOG Newsletter

Permian People

September 2, 2024 by PBOG

June

Hirings, promotions, and other personnel matters in the nation’s biggest oil patch—or in companies who do business here.   Craig Morford, Vice President, General Counsel, and Secretary for Exxon Mobil Corporation, an oil and energy company, retired on July 1. The Board of Directors elected Jeff Taylor to succeed him. “Craig has been a valued […]

Filed Under: Featured Article, People

Chain Maker Linked to Improvements

September 1, 2024 by PBOG

Kito Crosby, a leader in the lifting and securement industry, based in Richardson, Texas, has announced the completion of a major investment at its flagship manufacturing site of Peerless branded products in Winona, Minnesota. The multi-year, multi-million-dollar, project involved the design, installation, and startup of an advanced continuous plating system utilized in chain production. This […]

Filed Under: Drilling Deeper

New Method Pioneered for Completions Data Transfer

September 1, 2024 by PBOG

Intelligent Wellhead Systems, a provider of automation and digitalization solutions to the oil and gas industry, along with ProFrac, a provider of hydraulic fracturing services, announced on July 2 what they describe as successful field tests utilizing MQTT (Message Queuing Telemetry Transport) protocol for the safe and efficient transfer and visualization of wellsite data during hydraulic fracturing operations. Working […]

Filed Under: Drilling Deeper

Manufacturer Completes Alloy Tubulars Facility

September 1, 2024 by PBOG

facility

Corrosion Resistant Alloys (CRA), a “just-in-time” manufacturer of corrosion-resistant alloy tubulars, announced the completion of construction at its state-of-the-art manufacturing facility in Brenham, Texas. The newly completed facility is designed to expand manufacturing capabilities and capacity, streamline processes, and respond to the dynamic needs of the industry and energy sectors. CRA states that this facility […]

Filed Under: Drilling Deeper

RRC Expands Info in O&G Monitoring Plan

September 1, 2024 by PBOG

Texas Railroad Commissioners (RRC) have approved the agency’s Fiscal Year 2025 Oil and Gas Monitoring and Enforcement Plan, which includes added information to provide the public further insight on the agency’s work to protect the environment and Texans. The annual plans define the RRC’s strategic priorities for monitoring oil and gas activities and enforcing regulations […]

Filed Under: Drilling Deeper

Chevron Commits to New Mexico Wildfire Relief and Recovery Efforts

September 1, 2024 by PBOG

Chevron U.S.A. Inc. announced a donation of $100,000 to support relief and recovery efforts in response to the South Fork fire and the Salt fire near the village of Ruidoso and the Mescalero Apache Reservation in south-central New Mexico. “Through our legacy companies, Chevron has been a proud community partner in New Mexico for more […]

Filed Under: Drilling Deeper

Odessa Native Serves with Naval Aviation Warfighters

September 1, 2024 by PBOG

Ensign Stephen Steen, a native of Odessa, Texas, is serving in the U.S. Navy assigned to Training Squadron (VT) 27 in Corpus Christi, where naval aviators learn the skills they need to fly missions around the world. Steen, a 2018 graduate of Permian High School, joined the Navy two years ago. Steen also earned a […]

Filed Under: Drilling Deeper

Basin Upstream M&A Topped $30 billion in Q2

September 1, 2024 by PBOG

M&A

Enverus Intelligence Research (EIR), a subsidiary of Enverus, an energy-dedicated SaaS company that leverages generative AI across its solutions, has released its summary of 2Q24 upstream M&A activity, finding that upstream M&A notched its third consecutive quarter of heightened value with more than $30 billion transacted. That brings year-to-date activity, including July deals, to nearly […]

Filed Under: Drilling Deeper

Andrews Native Trains to Serve with Navy Chaplain Corps

September 1, 2024 by PBOG

Navy Lt. j.g. Nathaniel Cook, a native of Andrews, Texas, is training at the Naval Chaplaincy School to serve as a chaplain for America’s seafaring warfighters. Cook graduated from Andrews High School in 2004. Additionally, Cook earned a Master of Divinity in theology in 2023. The skills and values needed to succeed in the Navy are […]

Filed Under: Drilling Deeper

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June 2025

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