In our article on “The Unsung Permian Basin” in our February issue there appear two photos that were captioned as being images of Carlsbad, N.M. But these images (on pages 24 and 28) are actually photos taken of buildings in Carlsbad, California. The error here was not that of the article’s author. Rather, they were […]
Marcellus Basin Water Transfer Company Takes Its Experience to the Permian
Keystone Clearwater Solutions is bringing its experience as a provider of automated water transfer services in the Appalachian Basin to West Texas. The company announced that it has established a Permian Basin Business Unit in Odessa. Keystone Clearwater began its first water transfer projects in Texas in early December. “Since 2009, Pennsylvania has grown to […]
Deal Him In: Dealy Takes Reins at PXD
(BUSINESS WIRE) Pioneer Natural Resources Company announced Jan. 2 that Richard (“Rich”) P. Dealy has commenced his new role as CEO and Scott D. Sheffield has transitioned to the non-executive role of Special Advisor to the CEO, both effective January 1, 2024. As previously announced, Dealy succeeds Mr. Sheffield, who retired as CEO on December […]
You Are a Leader
You inspire people—whether you know it or not. You empower people, sometimes even if you’re not trying to. You guide people—whether you want to or not. What is your definition of “leader?” Before you go any further, let’s see if you’re singing in harmony. If not—there’s no point in pursuing this venture any further. Here’s […]
On AI, Cybersecurity, and Email Authentication
In 2024, we can expect to see a dramatic escalation in AI-fueled disinformation and sophisticated cyber threats, especially during the U.S. election year. With disinformation spreading more rapidly due to advanced AI tools, email authentication will become critical to safeguard against false narratives. The election season will likely see intensified information attacks, highlighting the need […]
Soliman’s Legacy of Innovation Celebrated
For nearly seven decades, hydraulic fracturing technology innovation has been the cornerstone of economic production from low permeability formations, unlocking vast reserves of natural gas and oil. The success of this technology relies on the collaboration of experts from various disciplines, including rock and fluid mechanics, geoscience, completion engineering, reservoir engineering, and production engineering. At […]
Volatility Likely for Another Year
Volatility was the name of the game in 2023. Given the conflicts in Europe and the Middle East and ongoing concerns about sluggish economic growth in China and elsewhere—it’s no wonder energy prices remained volatile through most of the year. This volatility and uncertainty also served to drive deal making to a 10-year low. With a […]
Report: U.S. enters 2024 producing more oil than any country in history
S&P Global Commodity Insights recently said U.S. entered 2024 producing more oil than any country in history. U.S. leads strong non-OPEC+ supply growth that exceeds the rising global demand, S&P Global said in its latest oil markets outlook. U.S. total liquids production in 4Q stood at 21.4 million barrels per day, including 13.3 million b/d […]
Permian leads basins by adding 3 active drilling rigs in past week to 310
Permian Basin led major producing regions in U.S. by adding 3 rigs in the past week for a new total of 310 (357 year ago). According to Baker Hughes, as of Jan. 26, there were 304 rigs in Texas (305 previous week, 380 year ago), 99 in New Mexico (98 week ago, 105 year ago) […]
NGL Water Solutions to expand Lea County Express water pipeline
Tulsa-based NGL Energy Partners said recently its NGL Water Solutions is expanding its Lea County Express water pipeline to 340,000 barrels per day. LEX is growing by 200,000 b/d from 140,000 b/d in an expansion scheduled to be completed this year. LEX will include a 27-mile pipeline and disposal wells. It is expandable to 500,000 […]
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