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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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  • Legal Articles
  • Drilling Deeper
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The Great Wind and Solar Land Grab

September 1, 2023 by PBOG

By Steve Goreham Which is more environmentally friendly, an energy source that uses one unit of land to produce one unit of electricity, or a source that uses 100 units of land to produce one unit of electricity? The answer should be obvious. Nevertheless, green energy advocates call for a huge expansion of wind, solar, and […]

Filed Under: Drilling Deeper

Tree Grant Program Opens Applications

August 1, 2023 by PBOG

Apache Corporation announced in June the opening of the Apache Corporation Tree Grant Program application for the 2023-2024 planting season. Last year, the program reached a significant milestone with the donation of its 5 millionth tree since the program’s launch in 2005. Over the last 18 years, the program has partnered with over 900 nonprofit […]

Filed Under: Drilling Deeper

Big Oil is Back Buying Upstream Assets

August 1, 2023 by PBOG

by Simon Flowers, Greig Aitken, and Scott Walker, of Wood Mackenzie Upstream M&A activity is inversely correlated to commodity price volatility. The extreme movements in gas and oil prices killed dealmaking last year, with buyers and sellers unable to align on price. This year, prices are more settled and M&A activity, while still at relatively […]

Filed Under: Drilling Deeper

The $100/bbl Clock is Ticking

August 1, 2023 by PBOG

Enverus Intelligence Research (EIR), a subsidiary of Enverus, an energy-dedicated SaaS platform, continues to point to all-time high global oil demand, insufficient North American supply growth, and OPEC intervention as key drivers that will push Brent prices to $100/bbl in 4Q23. “We believe that oil markets are largely balanced and that we’re headed for material crude […]

Filed Under: Drilling Deeper

North America to Lead Small-Scale LNG Liquefaction Capacity Additions

August 1, 2023 by PBOG

North America is expected to witness the highest small-scale LNG liquefaction capacity additions globally during 2023-2027, contributing about 32 percent of the total global small-scale LNG liquefaction capacity additions by 2027, forecasts GlobalData, a data and analytics company. GlobalData’s latest report, “Small-Scale LNG Liquefaction Capacity and Capital Expenditure (CapEx) Forecast by Region, Key Countries, Companies, and […]

Filed Under: Drilling Deeper

Purchase of Spinnaker Oilwell Services Expands RPC’s Cementing Service

August 1, 2023 by PBOG

RPC, Inc., announced the acquisition, effective July 1, of Spinnaker Oilwell Services, LLC, a provider of oilfield cementing services in the Permian and Mid-Continent basins. Spinnaker, headquartered in Oklahoma City, Okla., operates facilities located in El Reno, Okla., and Hobbs, N.M., and maintains 18 full-service cementing spreads. The purchase price was $79.5 million in exchange for 100 percent of Spinnaker’s equity. The transaction […]

Filed Under: Drilling Deeper

Express Your Opinion on the Dunes Sagebrush Lizard

August 1, 2023 by PBOG

The U.S. Fish and Wildlife Service recently announced that they are seeking public input on a proposal to list the dunes sagebrush lizard as endangered under the Endangered Species Act. The Service encourages any interested parties to provide input and substantive comments during the 60-day public comment period that closes September 1, 2023. The notice […]

Filed Under: Drilling Deeper

Halliburton and Nabors Collaborate on Leading Well Construction Automation

August 1, 2023 by PBOG

Halliburton Company and Nabors Industries announced on June 19 an agreement on leading well construction automation solutions. Under the agreement, Halliburton and Nabors will collaborate together on their technologies including the Halliburton Well Construction 4.0 digital surface and subsurface drilling technologies, the LOGIX Autonomous Drilling Platform, and the Nabors SmartROS universal rig controls and automation platform and RigCLOUD high-performance digital […]

Filed Under: Drilling Deeper

LNG Transfer System Achieves Efficiencies

August 1, 2023 by PBOG

By John de Viet, Solutions Development and Sales Support Manager at KROHNE With the skyrocketing cost of fuel, the impacts of any mistakes made while loading and unloading liquid natural gas (LNG) carriers is increasing. This makes it even more important for plant and instrumentation managers to have access to the most accurate measurement tools. New automated […]

Filed Under: Drilling Deeper

Clays and Cookery Come ‘Round Again

August 1, 2023 by PBOG

It happens only once a year, and the date fast approaches. The Permian Basin Petroleum Association’s Sporting Clay Shoot and Pit King Challenge comes to Jake’s Clays in Midland, Texas, Aug. 11. The occasion features a morning clay shoot followed by a delicious BBQ pit cook-off lunch. This event affords a great way to meet fellow […]

Filed Under: Drilling Deeper

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