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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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    • Automation, Controls and Measurement
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  • Legal Articles
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O&G Outlook for 2025

February 1, 2025 by PBOG

2025

Supportive federal policies, growing LNG exports, and the energy transition will set the stage for strategic decisions across the U.S. oil and gas sector in 2025. Jeff Robertson, Managing Director at Water Tower Research, shares key forces shaping the oil and gas landscape this year. Pro-Growth U.S. Policies Aim to Support Supply Expansion: The incoming […]

Filed Under: Drilling Deeper

Monitoring Torque Turn in North America

February 1, 2025 by PBOG

Since its launch in 2022, Tenaris’s torque turn monitoring service has been used for the running of 50 million feet of OCTG (oil country tubular goods) in more than 2,500 jobs in the United States and Canada. The service stands out in the market by providing real-time torque data collection and analysis at the well. […]

Filed Under: Drilling Deeper

Utica Oil: America’s Modest Middleweight Contender

February 1, 2025 by PBOG

Enverus Intelligence Research (EIR), a subsidiary of Enverus, an energy-dedicated SaaS company, has released an analysis of recent well performance and economics in the Utica shale and how it compares to other U.S. oil plays. Mah Noor Imtiaz, an associate at EIR, states, “A relatively small and consistent proven fairway for Utica oil achieves economics that […]

Filed Under: Drilling Deeper

Digitalization Will Confer Benefits on O&G

February 1, 2025 by PBOG

In recent years, the oil and gas industry has progressed from using digital technologies for select use cases to making their entire processes digital. Certain technologies—such as artificial intelligence (AI), blockchain, cloud computing, the Internet of Things (IoT), robotics, and virtual and augmented reality (VR and AR)—are now part of their daily routine. These digitalization […]

Filed Under: Drilling Deeper

Economic Impact of Trump’s Tariffs

January 1, 2025 by PBOG

Trump's

by Mark J. Higgins, C.F.A, C.F.P.   In response to Trump’s proposed tariff policy, Mark J. Higgins, financial historian, senior investment advisor, and author, offered the following insights. At the present moment, there is far too much uncertainty to precisely gauge the effects of tariffs proposed by the incoming administration, but history does provide guidance on […]

Filed Under: Drilling Deeper

World’s Strongest Land-Based Crane Tested

January 1, 2025 by PBOG

Mammoet’s SK6000—deemed by its makers to be the world’s strongest land-based crane—has been tested for fully electric operation. It now offers zero-emission capability to projects taking place anywhere in the world. Through this innovation, Mammoet seeks to help its customers reduce the emissions profile of large projects. The technology also reduces the noise generated by […]

Filed Under: Drilling Deeper

Environmental Remediation to Grow 9% Annually

January 1, 2025 by PBOG

The global market for Environmental Remediation is anticipated to record a cumulative annual growth rate (CAGR) of 9.1 percent over the 2024-2030 analysis period and reach a projected $215.1 billion by 2030 from an estimated $127.9 billion in 2024, according to a Nov. 29 report from ResearchAndMarkets.com. This report analyzes the market based on technology, […]

Filed Under: Drilling Deeper

GlobalData Charts O&G Contract Value

January 1, 2025 by PBOG

Global oil and gas contract activity saw a 35 percent quarter-on-quarter decrease in total disclosed value from $55.3 billion in Q2 2024 to $35.7 billion in Q3 2024. Despite this, steady contract volumes, particularly in the Middle East, were driven by substantial projects, such as Saipem’s $4 billion contract with QatarEnergy and multi-billion-dollar agreements from […]

Filed Under: Drilling Deeper

Equipment Finance Industry Confidence Increases

January 1, 2025 by PBOG

The Equipment Leasing and Finance Foundation on Nov. 21 observed that confidence in the equipment finance market is 67.5, up from its October index of 61.8, and the highest level since August 2021. When asked about the outlook for the future, survey respondent Charles Jones, Senior Vice President, 1stEquipment Finance, Inc., said, “Businesses still need equipment. […]

Filed Under: Drilling Deeper

Plant Upgrade Boosts Basin Chemical Production

January 1, 2025 by PBOG

ChampionX announced Nov. 18 its completion of a multi-million-dollar transformative project to enhance its chemical manufacturing hub in the Permian Basin. The project is an initiative to meet industry demands while reducing inter-plant transportation, and associated carbon emissions, by approximately 56.7 tons of CO2 per year. The ChampionX manufacturing plant in Odessa, Texas, was established in […]

Filed Under: Drilling Deeper

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