• Home
  • About Us
    • Previous Issues
    • Submissions
    • Contact Us
  • Subscribe
  • Advertise
    • Audience
    • Editorial Calendar
    • Sizes & Specs
  • Jobs
    • View Open Positions
    • List Your Job

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
    • Legislative Matters
    • PBPA
    • People
  • Trade Talk
    • Automation, Controls and Measurement
    • Environmental, Safety and Training
    • Fracking, Frac Sand and Water
    • Infrastructure
    • Pipe and Pipe Service
    • Technology
    • Wireline and Testing
  • Business & Analysis
    • Industry Analysis
    • Mergers and Acquisitions
    • The Financial Picture
  • Drilling Deeper
  • Permit Map
  • Fun
    • History
    • Workovers
  • Subscribe

Reality Bites: Lenders Roll with the Changes

September 11, 2023 by PBOG Leave a Comment

By Paul Wiseman   In the early shale boom days of 2010 and off-and-on through about 2018, getting financing was relatively easy. Private equity (PE) funds and banks alike saw the drilling and production boom as an opportunity to grow their investments. Funds looked to buy into both operators and oilfield service companies, bankroll a […]

Filed Under: Featured Article, The Financial Picture

Growth Projected for Texas, U.S.

July 1, 2023 by PBOG

By Dr. Ray Perryman The most recent Perryman Economic Forecast for the United States and Texas calls for growth through 2027, though the path will likely be somewhat uneven. According to Dr. Ray Perryman, President and CEO of The Perryman Group, “The nation is facing significant headwinds. Although inflation is finally moderating, the inevitable fallout […]

Filed Under: Drilling Deeper, People, The Financial Picture

Permian Energy Development Lab Get $1 Million From Foundation

July 1, 2023 by PBOG

The National Science Foundation (NSF) announced in May a funding award to lay the groundwork for a new regional innovation engine in the Texas and New Mexico Permian Basin. The grant funding—$1M to cover a two-year period—is the first step toward a potential ten-year, $160M NSF investment. NSF is an independent federal agency that provides […]

Filed Under: Drilling Deeper, The Financial Picture

Permian E&P Closes Equity Commitment

July 1, 2023 by PBOG

(BUSINESS WIRE) Swordfish Energy Holdings, LLC, announced the closing of an equity commitment from Dallas-based investment firm, Pearl Energy Investments. Based in Houston, Texas, Swordfish is an exploration and production company focused on acquiring and developing oil and gas assets in the Permian Basin. The Swordfish management team is led by Marcos Briceno and Patrick […]

Filed Under: Drilling Deeper, Mergers and Acquisitions, The Financial Picture

Mewbourne, Endeavor rank among top 5 of Enverus private operators list

June 9, 2023 by PBOG

Two companies that operate primarily in Permian Basin are among the top five in Enverus Intelligence Research’s list of the top 100 private oil and gas producers in the U.S. based on gross operated production in 2022.  Rockies operator Continental Resources, a newcomer to Enverus’ chart, leads the list at 591,315 boed. Permian operators Mewbourne […]

Filed Under: PBOG Newsletter, The Financial Picture

Texas, NM contribute most growth as U.S. production increases 5.6 percent

May 26, 2023 by PBOG

U.S. Energy Information Administration said last week Texas and New Mexico contributed the most growth as U.S. crude oil production increased 5.6 percent (0.6 million barrels per day) in 2022 compared to 2021.  U.S. averaged 11.9 million b/d in 2022.  EIA said attribute the growth to the Permian Basin.  Crude oil production grew more in […]

Filed Under: PBOG Newsletter, Rig Count Reports, The Financial Picture

Lending’s Changing Scene

February 13, 2023 by PBOG

As ESG (environmental, social and governance) and energy-transition-related concerns have caused most large and midsize banks to exit the oil and gas industry, local lenders like Midland’s Community National Bank and Odessa-based Southwest Bank have benefited by seeing some of those customers come their way. On the borrower side, Northern Oil and Gas has funded […]

Filed Under: Featured Article, The Financial Picture

Banking on the Basin

March 7, 2022 by PBOG

It’s clear that the Pandemic has loomed over just about everything since 2020, but even before that the oil patch’s financial model had begun to change. Jeremy Bishop, president of Midland’s First Capital Bank of Texas, noted that equity financiers have changed their model from what he called a “build and flip” to an operate-within-cash-flow […]

Filed Under: Featured Article, The Financial Picture

It Comes at a Premium

December 20, 2021 by PBOG

For many companies in the Oil Patch—producers or service companies—insurance is one of the top expenses, especially when the reckoning includes health policies—and premiums for that coverage are rising quickly. But the protection from loss and liability provided by insurance is important, and for many service companies it’s required by most Master Service Agreements (MSAs). […]

Filed Under: Featured Article, Industry Analysis, The Financial Picture

The Permian in Perspective: A Q&A with Jason Reimbold

December 17, 2021 by PBOG

An energy lending institution since 1910, BOK Financial (it derives its current name from its earlier name, Bank of Oklahoma) maintains offices in Houston, Denver, Tulsa, Oklahoma City, and Dallas, and invests more of its portfolio in Permian Basin projects than in any other basin. Jason Reimbold, Managing Director of Energy Investment Banking at BOK […]

Filed Under: Featured Article, People, The Financial Picture

  • 1
  • 2
  • 3
  • …
  • 5
  • Next Page »

Subscribe to PBOG

Subscribe: Newsletter | Magazine

September 2023

Sept 2023

Read the most recent issue of PBOG on your computer, iPad, Kindle, phone or other electronic reader.

If you'd like to view our previous issues, click here.

Connect with us online.

Facebook spacer Twitter spacer LinkedIn
Privacy Policy

Cookie Policy

Permian Basin Oil and Gas Magazine

3457 Curry Lane
Abilene, TX 79606
325.673.4822
pbog@zacpubs.com

Search PBOG.com

© 2023 · Zachry Publications