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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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Whitley Penn Named to a “Top 100”

October 1, 2024 by PBOG

Whitley Penn

Whitley Penn has been named a “Top 100 Firm” by INSIDE Public Accounting (IPA), ranking 35th in the annual ranking of the largest accounting firms in the nation. “It fills us with pride to be acknowledged as one of the Top 100 Firms by IPA,” stated Larry Autrey, CEO and Managing Partner of Whitley Penn. “This honor is a […]

Filed Under: Drilling Deeper

Analyst Firm Ranks Drillers

October 1, 2024 by PBOG

Enverus, an energy-dedicated SaaS company that leverages generative AI across its solutions, has released on Aug. 27 a list of top drillers and customer rankings in the United States, as well as detailed drilling rig analytics. Included in the release is a compilation of exclusive tables showing the most active drillers by footage, ranking both the […]

Filed Under: Drilling Deeper

Global IoT to Surpass $1.5T by 2029

October 1, 2024 by PBOG

IoT

The Internet of Things (IoT) has become a fundamental component of modern technology. According to an Aug. 30 notice from Stocklytics.com, the global IoT market is expected to earn $1.5 trillion in revenue by 2029. As the site’s financial analyst, Edith Reads, observes: “The demand for more technological advancements, widespread industry adoption, and a growing […]

Filed Under: Drilling Deeper

Chain Maker Linked to Improvements

September 1, 2024 by PBOG

Kito Crosby, a leader in the lifting and securement industry, based in Richardson, Texas, has announced the completion of a major investment at its flagship manufacturing site of Peerless branded products in Winona, Minnesota. The multi-year, multi-million-dollar, project involved the design, installation, and startup of an advanced continuous plating system utilized in chain production. This […]

Filed Under: Drilling Deeper

New Method Pioneered for Completions Data Transfer

September 1, 2024 by PBOG

Intelligent Wellhead Systems, a provider of automation and digitalization solutions to the oil and gas industry, along with ProFrac, a provider of hydraulic fracturing services, announced on July 2 what they describe as successful field tests utilizing MQTT (Message Queuing Telemetry Transport) protocol for the safe and efficient transfer and visualization of wellsite data during hydraulic fracturing operations. Working […]

Filed Under: Drilling Deeper

Manufacturer Completes Alloy Tubulars Facility

September 1, 2024 by PBOG

facility

Corrosion Resistant Alloys (CRA), a “just-in-time” manufacturer of corrosion-resistant alloy tubulars, announced the completion of construction at its state-of-the-art manufacturing facility in Brenham, Texas. The newly completed facility is designed to expand manufacturing capabilities and capacity, streamline processes, and respond to the dynamic needs of the industry and energy sectors. CRA states that this facility […]

Filed Under: Drilling Deeper

RRC Expands Info in O&G Monitoring Plan

September 1, 2024 by PBOG

Texas Railroad Commissioners (RRC) have approved the agency’s Fiscal Year 2025 Oil and Gas Monitoring and Enforcement Plan, which includes added information to provide the public further insight on the agency’s work to protect the environment and Texans. The annual plans define the RRC’s strategic priorities for monitoring oil and gas activities and enforcing regulations […]

Filed Under: Drilling Deeper

Chevron Commits to New Mexico Wildfire Relief and Recovery Efforts

September 1, 2024 by PBOG

Chevron U.S.A. Inc. announced a donation of $100,000 to support relief and recovery efforts in response to the South Fork fire and the Salt fire near the village of Ruidoso and the Mescalero Apache Reservation in south-central New Mexico. “Through our legacy companies, Chevron has been a proud community partner in New Mexico for more […]

Filed Under: Drilling Deeper

Odessa Native Serves with Naval Aviation Warfighters

September 1, 2024 by PBOG

Ensign Stephen Steen, a native of Odessa, Texas, is serving in the U.S. Navy assigned to Training Squadron (VT) 27 in Corpus Christi, where naval aviators learn the skills they need to fly missions around the world. Steen, a 2018 graduate of Permian High School, joined the Navy two years ago. Steen also earned a […]

Filed Under: Drilling Deeper

Basin Upstream M&A Topped $30 billion in Q2

September 1, 2024 by PBOG

M&A

Enverus Intelligence Research (EIR), a subsidiary of Enverus, an energy-dedicated SaaS company that leverages generative AI across its solutions, has released its summary of 2Q24 upstream M&A activity, finding that upstream M&A notched its third consecutive quarter of heightened value with more than $30 billion transacted. That brings year-to-date activity, including July deals, to nearly […]

Filed Under: Drilling Deeper

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