Some layoffs, efficiency improvements, and price decreases keep area dirt movers from being buried alive. By Paul Wiseman “This slowdown has been different [from the 2009 downturn] because it has affected a lot more people this time,” said Nick Tomlin, vice president of Big D Companies. With approximately 280 employees, Big D is one of […]
Bowed But Not Beaten Part Three
In our concluding Part 3 of this series, we arrive at the take-aways. Some are bitter medicine, others are rather more palatable. The dip that the Permian Basin has felt since last fall will soon go into its second year, and some “new normals” are emerging, but they’re not all bad. by Jesse Mullins As […]
Elevated Perspective
Steve Pruett and his well-placed partners have put together one of the biggest new E&P outfits to hit the Permian in several years. By Al Pickett, special contributor The most important factor in securing equity funding for a start-up energy company is people, according to Steve Pruett. “It is a marriage of people, experience, a […]
Play-by-Play Report
The Permian’s productive plays are newmaking and interesting in and of themselves, but they reveal unique and often-unexpected qualities when alongside the plays of outlying regions. Pete Stark calls them the “Big Three” of the tight oil plays. “If you look at the Bakken, the Eagle Ford, and the Wolfberry, those three plays have been […]
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