by Bobby D. Weaver Surface rights are a part of the legal definition of land ownership. In an area where oil is discovered, the oil company leases the mineral rights to the subsurface in order to drill for and produce oil and gas. The surface rights remain with the landowner with the proviso that the […]
From Battlefields to Oilfields
This Memorial Day—and, really, every day—know that your local O&G industry includes those who have served their time in foreign fields, paying that price of freedom. Because freedom isn’t free. By Sherry Thomas According to Department of Defense numbers, there were 1,410,224 active U.S. military personnel as of December 31, 2013. Over half a million […]
A Stand-Down for Safety
By Darrel Canada In March, I had the pleasure of being asked to train about 500 employees of Tejas Tubulars in Houston, Texas. As part of the same company-wide effort, I also traveled to Stephenville, Texas, the next day and did a training class for another 300 employees at the Tejas facility there. The company […]
Drilling and the HR Role
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 […]
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