I am finishing this article on April 15, and I was so delighted to pay my taxes this year. The more you make, the more you are taxed, and if you are 65 or older, the more you pay for Medicare. Our younger workers have no idea what will happen when they turn 65 and […]
Permian People: June 2026
Hirings, promotions, and other personnel matters in the nation’s biggest oil patch—or in companies who do business here in the Permian Basin. Matador Resources Company announced on April 27 two promotions, effective as of April 21. Christopher P. Calvert has been promoted to Executive Vice President and Chief Financial Officer and Glenn W. Stetson has been promoted […]
Fuel for the Road to Success
The Beatles sang about a “Long and Winding Road” leading to their fame and fortune, and what is now the world’s top-producing oil basin—the Permian—has a similar tale. In this story experts from research firms S&P Global and Wood Mackenzie help unpack the deep and wide layers of the Permian’s national and global significance. […]
OFS in Flux
“You can’t tell the players without a scorecard,” was the ancient baseball vendor’s cry. Today’s Permian Basin scorecards can only be tracked digitally, which is good, because they’re always in flux. In this story longtime oilfield stalwart Eric Danos, owner of Danos, takes us through the ins and outs of the decision-making process of acquisitions, […]
The Impact of War on the Workforce
Let’s look back to WWII…. By 1944, unemployment was less than 2 percent, and this was the first time women were encouraged to work outside the home. Also, when labor demand is high, wages will rise. Those left behind, much less those on the front line, experienced high levels of anxiety, whether we named it […]
The Big Three of OFS: How They Fared Q1
The first quarter of 2026 has offered a revealing snapshot of the oilfield services (OFS) sector, as Halliburton, SLB, and Baker Hughes each reported results shaped by geopolitical disruption, shifting capital flows, and an evolving energy landscape. While all three firms delivered respectable profitability—and in some cases beat expectations—the underlying story is one of divergence: between international and North […]
Permian People: April 2026
Hirings, promotions, and other personnel matters in the nation’s biggest oil patch—or in companies who do business here in the Permian Basin for April 2026. Glenfarne Group, LLC, a developer, owner‑operator, and industrial manager of energy and infrastructure assets, announced Feb. 12 that it had hired Scott Meller, CFA, as Head of Capital […]
Strait Talk on WTI Prices
In the first half of April, WTI posted two consecutive sessions of decline, pulling back sharply from the then-recent peak of around $117 per barrel. Notably, in the latest of those two sessions, oil prices briefly plunged to near $91 before rebounding quickly to around $98 on April 8 in the Asian session. Such wide […]
Private Equity Gets with the Times
Click here to listen to the Audio version of this story! For basically all of the Permian Basin’s previous 100+ years of existence, water and natural gas were mostly nuisances, with water disposed of and gas flared as needed. Gas could occasionally make a little money. My, how things have changed! With the rise […]
WATER IN ENERGY 2026: A Free-Flowing Forum
It should surprise no one that this year’s UTPB Energy in Water Conference was the most well attended yet. Brian Ward of APATEQ observes, “There is no comparison to the expert discussions, the tremendous networking opportunities, and the hospitality is second-to-none.” Indeed. Robust panels of deeply committed and insightful professionals discussed the entire oil and […]
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