Increasingly, it is described as the biggest challenge facing companies in the Permian Basin. Recruitment and retention of qualified personnel is high on everyone’s list. High on energy companies’ lists and—because of that boom—high on the list of all other industries and services across the Basin regions of Texas and New Mexico. Here’s how to […]
Well Completion from a Human Perspective
By Bill Price As we arrive at this third installment of our three-part series covering the human resources function as it relates to the three main stages of oil and gas production (namely, prospecting, drilling, and completion/collection of a well), we find ourselves dealing with the final stage, completion/collection. And for our purposes here, […]
Drilling and the HR Role
By Bill Price As PBOG Magazine continues its three-issue series on “The Making of a Well,” with coverage this issue of the drilling process (“Getting to the Bottom of Things,” p. 76), I’m tracking along by covering the various human resources (types of people) required in each of the various stages. In this second installment […]
O&G’s Human Component
By Bill Price As PBOG Magazine commences its three-issue series on “The Making of a Well,” with separate installments on (A) Prospecting and Exploration (this issue, page 58), (B) Drilling (“Getting to the Bottom of Things,” scheduled for May), and (C) Completions and Takeaway (June), I’m tracking along by describing the various human resources (types […]
The Small Business HR Challenge
While the personnel functions within a small company can be challenging, there are answers out there, too. By Bill Price Many businesses start as a family affair with their children pitching in. Sometimes it is two friends with nothing more than a handshake and a verbal agreement to split the profits. These small business situations […]
Planning the Right Employee Benefits to Retain Employees
By Bill Price Employee benefits or perks should be designed to encourage employees to remain on the job, think favorably about the company, and generally improve employee welfare. This is not a time to follow the status quo by just doing what is popular. Benefits should meet the needs of your employees, who may very […]
Essentials of Obamacare: An Employer’s Guide
By Bill Price An important question facing businesses today is uncertainty about how the new Affordable Care Act, better known as Obamacare, affects them as employers. The employer ponders some big questions: Will it apply to my company? Will the changes make it too expensive to insure my employees? Obviously the most important human resource […]
Enter the FRF for SMEs
You’ve heard of GAAP, “cash basis,” and other financial reporting frameworks. Now comes the new FRF for SME, which is designed by a national CPA organization to specially serve small and medium sized businesses. The American Institute of Certified Public Accountants (AICPA) issued the Financial Reporting Framework for Small-and Medium-Sized Entities (FRF for SMEs) to […]
Human Resources
Employment Picture: Permian Basin Who is gaining ground and who is losing ground? By Bill Price, Ph.D. Editor’s Note: With this article we introduce our newest columnist, Dr. Bill Price, whose credentials in human resources are cited in the article’s tagline. Besides his training in HR, Dr. Price had a career in the United States […]
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 […]