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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.

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O&G Robotics to Grow Tenfold by 2030

March 1, 2023 by PBOG

The single major advantage of robotics is automation, which drives other improvements in efficiency, productivity, and safety. Automation enables extensive inspection and maintenance tasks to be conducted while feeding back data to help limit operational costs and improve efficiency. Advances in modular and customizable robots will result in growing deployment of robotics in the oil […]

Filed Under: Drilling Deeper

Four Steps to Refill Your Team’s Energy Tank

March 1, 2023 by PBOG

By Laurie Guest There’s never a perfect time to pause your day-to-day work and focus on the internal team, but when you do make the effort, the dividends are immediate. Setting aside an hour, a half-day, a two-day retreat or anything you can manage as a team will provide the opportunity to gather together, grow […]

Filed Under: Drilling Deeper

Production Climbs in Lower 48

February 1, 2023 by PBOG

U.S. crude oil production grew steadily in 2022 thanks to increased energy demand in the United States and internationally. GlobalData noted that the majority of this production has been conducted in the Lower 48 (L48) region, which represented nearly three-fourths of total production. The data and analytics company notes that this upward swing is expected […]

Filed Under: Drilling Deeper

Baker Hughes Added to Nasdaq-100

February 1, 2023 by PBOG

Baker Hughes (NASDAQ: BKR), an energy technology company, announced in December it has been added to the Nasdaq-100 Index, the top 100 largest domestic and international non-financial companies on The Nasdaq based on market capitalization. Nasdaq announced the inclusion on Dec. 9, which became effective prior to market open on Dec. 19. “We are proud to be included in […]

Filed Under: Drilling Deeper

What Will They Optimize Next?

February 1, 2023 by PBOG

Wellsite “optimization,” which might be thought of as the intersection of pump activity and computer science, has just taken another step. On Dec. 1, ChampionX released new-generation software that manages wellsite surveillance and chemical optimization, in addition to its core package of artificial lift controls. The effort is ChampionX’s release of its XSPOC production optimization […]

Filed Under: Drilling Deeper

Methane Capture Increasingly Economic

February 1, 2023 by PBOG

Current natural gas prices, including record high global prices, and renewed concerns for energy security are making projects that capture and commercialize vented, fugitive, and flared methane increasingly economic, with the potential to lower emissions and unlock substantial new supplies of gas, a new analysis by S&P Global Commodity Insights finds. The analysis examined 6 key regions—North […]

Filed Under: Drilling Deeper

Polymers Plant to be World’s Largest

February 1, 2023 by PBOG

Corpus Christi Polymers’ (CCP) new petroleum derivatives processing and manufacturing plant in Texas will become the largest in the United States and even in the world once it’s fully operational, producing 1.1 million tons of polyethylene terephthalate (PET) and another 1.3 million tons of purified terephthalic acid (PTA) materials. This new plant will represent an […]

Filed Under: Drilling Deeper

One Million and Counting

February 1, 2023 by PBOG

by Dr. M. Ray Perryman Job openings in Texas as of September reached an all-time high at 1,026,000. According to data from the U.S. Bureau of Labor Statistics (BLS), the state has once again topped one million openings after a few months below that level (initially reached in June). Last September, there were 855,000 openings […]

Filed Under: Drilling Deeper

Water Recycling Pipeline Promises Multiple Benefits

January 1, 2023 by PBOG

XRI Holdings, LLC, a water recycling company in the Permian Basin, announced Dec. 1 they have commenced construction of their Evolution Pipeline System. The system is a purpose-built large-scale, multi-producer water recycling and produced water infrastructure network connecting XRI’s existing pipeline infrastructure system in Midland County to its significant infrastructure footprint located in Reagan and […]

Filed Under: Drilling Deeper

Wood-Mac Launches New Tool

January 1, 2023 by PBOG

Wood Mackenzie, the leading provider of decision intelligence for the world’s natural resources sector, announced in November their launch of Lens Gas and LNG, a new data analytics solution that offers a uniquely integrated view that connects markets and assets on a global scale. As the newest addition to Wood Mackenzie’s Lens data analytics platform, Lens […]

Filed Under: Drilling Deeper

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