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Permian Basin Oil and Gas Magazine

PBOG is the Official Publication of the Permian Basin Petroleum Association and is published monthly by Zachry Publications, LP.

  • News
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    • Automation, Controls and Measurement
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    • Fracking, Frac Sand and Water
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To Frame the Discussion

August 14, 2023 by PBOG

By Paul Wiseman   “I’ve spent my lifetime on this, 46 years, and this is the worst position I’ve seen us in, in 46 years,” said Mark Stansberry, an oil and gas advocate as well as energy advisor and corporate development strategist. Indeed, it is not hard to find someone bashing oil, natural gas, and […]

Filed Under: Featured Article, Industry Analysis

A Three Day O&G Immersion

July 24, 2023 by PBOG

FORT WORTH, TEXAS—The SuperDUG 2023 oil and gas conference gathered the faithful to this city and its Convention Center for three information-packed days of speakers, sessions, panels, and pronouncements, as well as a trade show and a full slate of off-premises receptions, parties, performances (including Reckless Kelly), and the like. The May 22-24 event produced […]

Filed Under: Events, Featured Article, Industry Analysis

Federal Permitting: Is Reform Gaining Ground?

July 1, 2023 by PBOG

from the Permian Basin Petroleum Association   Bipartisan activity is leading to optimism for some type of permitting reform making it out of Congress and onto President Biden’s desk. While Republican permitting proposals focus on expediting oil, gas, coal, and other fossil fuel projects, Democratic plans seek to hasten approvals for clean energy projects and the […]

Filed Under: Drilling Deeper, Industry Analysis, PBPA

Production in Texas, New Mexico increases, Enverus expects growth to accelerate

June 9, 2023 by PBOG

Texas and New Mexico continue to grow crude oil production, according to U.S. Energy Information Administration, and Enverus Intelligence Research said this week it “expects oil growth to accelerate” in the second half of the year. EIA said Texas production averaged 5.4 million barrels per day in March – up 97,000 b/d over February and […]

Filed Under: Industry Analysis, PBOG Newsletter

Prairie Energy Partners selects Cushing over Victoria County as site of refinery

June 2, 2023 by PBOG

Prairie Energy Partners, subsidiary of El Campo-based Southern Rock Energy Partners, said last week it plans to build its $5.5 billion next-generation, full-conversion crude oil refinery in Cushing, Okla., rather than Victoria County, Texas.  The refinery will produce about 91.24 million barrels or 3.83 billion gallons of cleaner transportation fuels each year, including gasoline, diesel […]

Filed Under: Industry Analysis, PBOG Newsletter

Granite Ridge increased Q1 production, raises fullyear production forecast

June 2, 2023 by PBOG

Dallas-based Granite Ridge Resources said recently it grew production in first quarter by 46 percent over 2022Q1, and it increased fullyear production forecast for 2023 to a midpoint of 22,000 boed.  Production in Q1 was 23,167 boed (46 percent oil), including 10,722 b/d oil.  Capital expenditures in Q1 were $126.2 million with fullyear capex expected […]

Filed Under: Industry Analysis, PBOG Newsletter

Geopolitics Tops O&G Themes for 2023

June 1, 2023 by PBOG

Geopolitics became a pivotal macroeconomic theme for the oil and gas industry from the start of the Ukraine conflict. The fallout of this conflict is also critically impacting the supply chain theme as newer alliances are being forged. Nevertheless, oil and gas companies will continue to pursue newer industry themes that support the energy transition […]

Filed Under: Drilling Deeper, Industry Analysis

Bloomberg after PDC sale: ‘U.S. energy patch ripe for takeover boom’

May 26, 2023 by PBOG

Chevron CEO Mike Wirth told Bloomberg this week that Monday’s announcement of the company’s acquisition of Denver-based PDC Energy “doesn’t preclude our ability to do further transactions, but we don’t have gaps to fill.  We’re always looking, but we’ll stay very disciplined as we have been on a number of transactions we have done over […]

Filed Under: Industry Analysis, Mergers and Acquisitions, PBOG Newsletter

OPINION: Energy at the Crossroads

September 1, 2022 by PBOG

By Jesse Mullins Will ESG win the day and welcome O&G into the Climate Change fold, converting O&G’s leadership into the Green Movement’s biggest cheerleaders? Or is the Energy Transition slipping a gear as the country barrels toward 2024… or 2030… or 2050… or whatever target date means most to the faithful. We opine. The words you […]

Filed Under: Environmental, Safety and Training, Featured Article, Industry Analysis, Online Exclusive

Mister Sandman

June 13, 2022 by PBOG

Amid the shifting landscape of the oil patch over the last two-plus years, completions have been among the sectors most buffeted by the changes. And frac sand is right in the middle of the storm. Frac sand suppliers have re-engineered, refocused, and reduced, only to quickly begin ramping back up as demand shot up in […]

Filed Under: Featured Article, Industry Analysis, Trade Talk

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