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 […]
Increasing Organizational Success and Employee Engagement
Assigning numbers to theories is the perfect way to present multiple theories of life and leadership. There are various books written by Gary Chapman, including The Five Love Languages, The Five Languages of Apology, and The Five Languages of Appreciation in the Workplace. Assigning numbers to theories is the perfect way to present multiple theories […]
Guest Editorial: Oil’s New Reality
By Neil Crosby, AVP Oil Analytics at Sparta Commodities [EDITOR: This article was written March 3, five days before the colossal price spike for crude oil that came Sept. 8. But the circumstances just go to show how prescient this analysis was.] The oil market is no longer asking how much crude is being produced. […]
Heroes and Leaders
Honesty and politeness are in short supply. Imagine the worst of times in business. Did you think of 1929, the 1960s, 1973, 2001, 2008, or 2020, to name a few? Political upheaval and business uncertainty often go hand in hand. Throughout history, there have been heroes and villains, but hopefully the good guys prevail in […]
Data Centers and AI: A Bubble, a Boom, or the Latest Shiny Object?
Back to Reality. We have transitioned in the past 12 to 18 months from “oil and gas” to “energy, power, and electricity.” We didn’t know what data centers were a couple of years ago, and now there is little else that seems to matter. We are still waiting to see if it is a bubble, a boom, […]
Anatomy of an Independent
Click here to listen to the Audio version of this story! Usually, all the industry news is about the major operators, and sure, they are influencers and market makers. Beyond the spotlight, however, are a host of hard-working independent producers. Working together, independents actually produce about 83 percent of U.S. oil and 90 percent […]
Finding Funding
Click here to listen to the Audio version of this story! In a time of extensive mergers and acquisitions (M&A), momentum reversals in energy transition, and other industry turmoil, oilfield service companies (OFS) looking to finance fleet upgrades or expansions face some headwinds. The good news is there are still many workable options available. […]
Ethics—Is It Still Necessary?
I am on my soapbox this month because I have watched several people in various generations either ignore ethical behavior or ignore it until they were reminded of the “right” way to do things. My question is: are there consequences for being unethical in 2025? Remembering the truth will always be easier than remembering the […]
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