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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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Employment Declines in U.S. O&G Sector

December 1, 2025 by PBOG

Despite record-setting production in the U.S. oil and gas industry, increased volumes have not translated into more jobs for either the industry or the overall economy. In fact, the industry employs 20 percent fewer workers than it did a decade ago, according to an Oct. 29 report from the Institute for Energy Economics and Financial […]

Filed Under: Drilling Deeper

Credit Analysis: Upstream O&G

December 1, 2025 by PBOG

Despite softening oil fundamentals, Fitch Ratings stated on Oct. 27 that it expects relative rating stability among North American investment-grade (IG) and high-yield (HY) upstream exploration and production (E&P) issuers, based on Fitch’s two published Peer Credit Analyses reports for the oil and gas sector. These reports compare issuers on their business and financial characteristics. […]

Filed Under: Drilling Deeper

M&A Slumps as Low Crude Prices Keep Buyers in the Dugout

December 1, 2025 by PBOG

Enverus Intelligence Research, an energy-dedicated SaaS company, released on Oct. 22 its 3Q2025 U.S. oil and gas M&A report, offering insights into an upstream market still waiting for its big hit. After a hot start to the year, upstream mergers and acquisitions slid into a slump in the third quarter, with deal value dropping to […]

Filed Under: Drilling Deeper

Water Center Gaining Momentum at Sul Ross State

November 1, 2025 by PBOG

The West Texas Water Research Center (WTWRC) at Sul Ross State University in Alpine, Texas, is forging ahead, with interim leadership in place, a seasoned research scientist joining the team, and a stakeholder-driven planning process underway, according to an Aug. 18 report from the WTWRC. Housed within the university’s Borderlands Research Institute (BRI) and launched […]

Filed Under: Drilling Deeper

AI Data Center Campus Marks Engineering Milestone

November 1, 2025 by PBOG

BUSINESS WIRE—New Era Energy and Digital Inc., a developer and operator of digital infrastructure and integrated power assets, announced Sept. 24 the successful completion of Phase One engineering for Texas Critical Data Centers LLC, its flagship data center and power development project in the West Texas and southeastern New Mexico Permian Basin. TCDC is New […]

Filed Under: Drilling Deeper

Smart Grid Demand Spurs Investments of $573 Billion

November 1, 2025 by PBOG

smart grid

Growth in transmission infrastructure investment is accelerating to meet the rising smart grid demand, with the power transmission market expected to expand strongly through the 2030s. This growth is being driven by government initiatives, renewable energy integration, and the need for greater grid resilience and efficiency, as well as the adoption of technologies like smart […]

Filed Under: Drilling Deeper

Shale Breakeven Costs to Climb

November 1, 2025 by PBOG

Enverus Intelligence Research (EIR), a subsidiary of Enverus, an energy-dedicated SaaS company, released a report Sept.23 highlighting the impending depletion of North America’s core oil and gas inventory and its implications for global energy markets. “North America’s dominance in supplying global oil demand growth is waning. Over the next decade, its contribution to consumption growth is […]

Filed Under: Drilling Deeper

Argentine Delegation Visits the Texas Permian

November 1, 2025 by PBOG

The Argentina-Texas Chamber of Commerce (ATCC) was scheduled to lead a mission of Argentine energy companies to Midland in October, aimed at understanding first-hand how Texan firms structure their operations and partnerships in the oil and gas industry. The initiative seeks to create bridges that will allow Argentine companies not only to apply best practices […]

Filed Under: Drilling Deeper

AI Data Centers Drive Midstream Growth

November 1, 2025 by PBOG

The North American midstream sector is accelerating investments in growth projects directly related to data centers and artificial intelligence (AI), according to Fitch Ratings. Data center-driven pipelines provide diversification benefits to midstream companies, though the evolving nature of the market underscores the construction and execution risks. For most Fitch-rated issuers, data center projects provide some […]

Filed Under: Drilling Deeper

Safety Firm Expands Quality Assurance Program

October 1, 2025 by PBOG

A company specializing in connected safety technology announced on Aug. 13 a major expansion of its quality assurance (QA) program. Blackline Safety Corp  the company has increased its QA team, upgraded its inspection equipment, and boosted in-lab testing of its entire product line. Headquartered in Canada with offices in the UK, France, the United States, […]

Filed Under: Drilling Deeper

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