Geographically, the New Mexico side of the Permian Basin seems small—only five of the region’s 54 counties are there. But those five—mainly Lea and Eddy—account for 29 percent of the Basin’s total production, according to figures from the U.S. Energy Information Administration (EIA). Lea and Eddy rank second and third in the Permian as well […]
How Low Could Crude Prices Go—Or Will They Fall at All?
President Trump is calling on OPEC to increase U.S. crude production, which could easily push crude prices lower into this second quarter of 2025, as supply would likely then outpace demand. Just how low could prices go—or will they fall at all? The answer depends on a confluence of factors, as supply is just one part […]
Pounding the Table on PR and CTRA
Volatility at the start of the Trump Administration might present the last chance to buy Delaware Basin oil and gas stocks on the cheap, in my opinion. The recent goal of maximizing oil production over gas production seems to be flipping and the investing public is not quite in emotional chase mode yet. That gives […]
Welded Together
As a whole, the oil patch is a tight-knit community, especially in the Permian Basin, where almost everyone is in the business one way or another. And the welding community seems to be particularly close-knit—or more precisely, welded together. Here are stories of two entrepreneuring welders—Daniel Rodriguez of Shadow Welding and Jaron Tuttle of Tuttle’s […]
Change Happens—and in 2025 it Happens Fast
In February, I asked a couple of questions about ethics. Later that month, President Trump fired the head of the Office of Ethics. No comment. Now, I am moving on to the ugly term: trimming the fat. Who and what will it hurt, and who and what will it help? When it is all said […]
The Produced Water Challenge
You are probably aware that the water problem in the Permian Basin is dire—it is the desert, after all. But the issue isn’t so seemingly obvious. Of course, as a natural resource, water is scarce in the Permian, and that is an issue that in itself places constraints on growth and development. But that is […]
Movers and Shakers
Hirings, promotions, and other personnel matters in the nation’s biggest oil patch—or in companies who do business here. Midland-based Diamondback Energy announced on Feb. 20 that Travis D. Stice, who has led Diamondback as Chief Executive Officer since January 2012, will step down as CEO effective as of the Company’s 2025 Annual Meeting of Stockholders. At […]
Improving Plugging and Abandonment Procedures
Daily news feeds and internet searches abound with abundant negative images about the oil and gas industry. These images feed the negative messaging that anti-fossil fuel groups are eager to magnify. In response, regulators add regulations—often without industry input. If the industry is going to rehabilitate its image, it must demonstrate its desire to be […]
Texas Tech, Natura Partner over Reactor Technology
Texas Tech University has announced it is partnering with Natura Resources and Abilene Christian University (ACU) to deploy Natura’s molten salt reactor (MSR) currently under construction at ACU. The collaboration aims to integrate MSR technology with water desalination and energy production systems, addressing Texas’ critical energy and water needs. Those close to the project say […]
Made In The Permian Basin
When you’re at the duty-free shop at Tokyo International Airport and you see a bottle of Jack Daniels you know one thing: the only place in the whole world it comes from is Lynchburg, Tennessee. This is the kind of pride one can take when surveying the fact that more of the Permian’s needed infrastructure […]
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