By Kevin Cannon Over the last few years, technology has become increasingly more prominent in the extraction and production of oil and natural gas and associated byproducts. Prior to the global COVID-19 pandemic, oilfield service and drilling providers were already working to develop greater technological advancements that have added to the efficiency and cost […]
O&G Contracts Down 7 Percent
Oil and gas contract activity declined following the relatively stable activity in Q1 2021, with the industry recording a seven percent decrease in the number of contracts and a significant decrease in disclosed contract value in Q2 2021, according to GlobalData, a leading data and analytics company. The latest report by GlobalData, “Q2 2021 Global […]
PBIOS Readies for 2021 Run
Proclaiming its latest slogan—“Celebrate our History… Embrace our Future”—the Permian Basin International Oil Show (PBIOS) returns Oct. 19-21 following a year when Covid forced the show to forestall its opening. Organizers of the massive trade show look forward to tens of thousands of attendees, as in past runs. PBIOS is always held in the Ector […]
Toast to a Worthy Water Feature
On the dates of Aug. 12-14, dozens of loyal Garrison Brothers fans flocked to the Gage Hotel, in Marathon, Texas, for the Bourbon Excursion, a week dedicated to enjoying good bourbon and raising money for “Good Bourbon For A Good Cause.” The event benefits a 501c3 charity dedicated to providing support for good causes across […]
Taft Pipeline Sees Completion
Pin Oak Corpus Christi, LLC, announced Aug. 26 the completion of the Taft 20-inch Pipeline, which provides the Pin Oak Taft Terminal with interconnections to Flint Hills Resources Midway Station and Cactus II Taft Terminal. The bidirectional pipeline connection(s) to the Cactus II Taft Terminal and the Flint Hills Resources Midway Station provides inbound receipts […]
An Inspired Selection
Midland Inspires awarded a deserving nonprofit with a check for $100,000 in a July 19 ceremony recognizing the organization for its outstanding community service. Family Promise of Midland, a charity that benefits homeless families, was the recipient of the funds. Ellen K. Ramsey, the chair of Midland Inspires’ board of directors, shared these remarks: “Family […]
Shale Producers Stay Disciplined
The speed at which new rigs are put to new developments is considerably less than in previous price cycles. Most U.S. shale producers are being conservative in their production and capital guidance, as priorities remain fixed on protecting balance sheets and generating free cash flow. For many operators, this has led to a drawdown of […]
Is the Electric Vehicle Game About to Change?
By Steve Hendrickson, president of Ralph E. Davis Associates Electric vehicles (EVs) and their hybrid cousins have been a long time coming. It seems all of the automakers have dabbled in them at one time or another, and to varying degrees, but most had small production numbers and failed to generate a profit. Tesla finally […]
Demand Side, Not Supply, Key to Decarbonization
By Rupert Darwell By any standard, the London meeting of finance ministers of the Group of Seven leading Western economies a week before the G7 leaders’ summit was historic. By committing to transformative structural change to meet net-zero greenhouse gas targets and other environmental objectives, G7 finance ministers turned themselves into adjuncts of their environment […]
Boom-or-Bust Road Trip
There’s a new book on the Permian Basin, and its creators are taking the tome to the people. Joe Specht, emeritus library director at McMurry University, Abilene, is among the contributors to the recently published Boom or Bust: Narrative, Life, and Culture from the West Texas Oil Patch (Oklahoma University Press). The collection of essays […]
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