The Permian Basin hirings, promotions, and other personnel matters in the nation’s biggest oil patch—or in companies who do business here. Halliburton Company announced July 14 a change to the company’s senior executive leadership as part of its succession management process. Effective July 16, Stephanie Holzhauser assumed the role of senior vice president and […]
The World of Work is Changing
I continue to hear around the Basin that majors are moving a lot of staff to Houston. It is understandable. There are many contributing factors. In the past week, I learned that a nurse and a teacher were leaving for Houston with their newly transferred spouses. Transfers are good if you want to advance and […]
It’s a Changing World… and Then There’s the Whole AI Thing
Baseload Fuel. The output of Spanish gas-fired power plants has jumped 58 percent since the April 28th nationwide outage. The hope is to better stabilize the network after record usage of air conditioning has been seen this year across Europe. You know, the more reliable power generation. Soar Like an Eagle. We have all been told […]
Unemployment Insurance Brings a Cost
It’s time to review what unemployment insurance is costing your organization. Job growth is up, but employers are hesitant to hire more employees and reluctant to let go of those they have fought so hard to hire in the past few years. Suppose your organization does plan to lay off employees. In that case, your […]
Freedom From OPEC Requires Permian Oil and Gas
American energy independence and security relies on an all-of-the-above energy policy. With increasing demand from AI and gradual electrification of ground transportation, U.S. energy demand is set to rise nearly 50 percent by the middle 2030s. To power the surge in electricity demand, natural gas will play a critical role, as nuclear is not a […]
Training our Local Workforce
Author Stephen Covey viewed failure not as a setback but as a chance to learn, reflect, and adjust one’s approach. He believed that failure occurs only when we give up and stop trying. He emphasized the importance of reflecting on past mistakes and learning from them, and suggested that businesses are built not only on success but […]
Permian People: Movers and Shakers
The Permian Basin’s hirings, promotions, and other personnel matters in the nation’s biggest oil patch—or in companies who do business here. Crescent Energy Company announced May 19 the appointment of J.D. “Joey” Hall as Chief Operating Officer, effective June 2, 2025. Hall most recently served as Executive Vice President of Operations at Pioneer Natural […]
Viper’s Royalty Model: Worth a Look
Viper Energy (VNOM) presents a compelling case for investors seeking exposure to the energy sector through a mineral rights business model. The company is about to complete a transformative “Drop Down” transaction with parent company Diamondback Energy (FANG) that promises to significantly reshape Viper’s production profile in 2025. This is a transaction that was discussed at […]
Financial Maturity or Lack of
My Ethics class interviewed a successful Harvard MBA who also had a law degree from another Tier One university. He worked for many years in the oil and gas industry, including, at one point, working for three Fortune 500 Corporations in Midland, Houston, San Antonio, India, and Abu Dhabi. Our interviewee, who wants to be […]
Permian People June 2026
ExxonMobil announced April 2 that Karen T. McKee, president of ExxonMobil Product Solutions Company, was to retire effective May 1. The Board of Directors appointed Matt Crocker president, ExxonMobil Product Solutions Company and vice president Exxon Mobil Corporation. He succeeded McKee May 1. Crocker, who has been ExxonMobil’s President/Global Business Solutions since 2023, joined the […]
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