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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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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

Andrews Native Trains to Serve with Navy Chaplain Corps

September 1, 2024 by PBOG

Navy Lt. j.g. Nathaniel Cook, a native of Andrews, Texas, is training at the Naval Chaplaincy School to serve as a chaplain for America’s seafaring warfighters. Cook graduated from Andrews High School in 2004. Additionally, Cook earned a Master of Divinity in theology in 2023. The skills and values needed to succeed in the Navy are […]

Filed Under: Drilling Deeper

OPW Divides Business Units

September 1, 2024 by PBOG

OPW, a Dover company involved in the development of fluid-handling solutions, announced June 3 that its Clean Energy Solutions business unit will be divided into two distinct business units: the existing Clean Energy Solutions (CES) unit, which will feature technologies from both the ACME Cryogenics and RegO Products brands and focus on the cryogenics, hydrogen, […]

Filed Under: Drilling Deeper

Industry Group Applauds Court Halt of LNG Pause

September 1, 2024 by PBOG

Pause

A federal court on July 2 sided with 16 states to lift the Administration’s pause on new permit approvals for LNG exports.  Judge James Cain of the Western District of Louisiana ruled that the DOE has failed to justify why it needed to pause approvals to review the process by which it permits projects. Energy […]

Filed Under: Drilling Deeper

Industry Group Applauds Passage of Energy Permitting Reform Act

September 1, 2024 by PBOG

reform act

Energy Workforce and Technology Council released on July 31 the following statement applauding the passage of the Energy Permitting Reform Act of 2024 out of the Senate Energy and Natural Resources Committee. The bipartisan legislation introduced by Chairman Joe Manchin (I-WV) and Ranking Member John Barrasso (R-WY) is meant to strengthen American energy security by accelerating […]

Filed Under: Drilling Deeper

Will AI Take My Job?

September 1, 2024 by PBOG

by Chuck Gallagher   At a recent conference where I spoke on AI, I was asked, “Will AI displace me?” My response was simple: “If you don’t learn to work with AI and use the incredible tools that will make many of our jobs easier, allowing us to do more important creative thinking and working […]

Filed Under: Drilling Deeper

Strong O&G Demand Will Supporting Growth of Permian Basin: GlobalData

September 1, 2024 by PBOG

The global oil demand has been on the rise after the COVID-19 pandemic. Moreover, the Russia-Ukraine conflict caused major alterations in energy supply routes, which went in favor of U.S. shale drillers, including those in the Permian Basin. The Permian Basin remains the largest oil-producing shale play in the United States. Strong global demand and […]

Filed Under: Drilling Deeper

UTPB Hosts Fall Recruiting Events

September 1, 2024 by PBOG

UTPB

The University of Texas Permian Basin, in its efforts to connect employers with the bright, talented students earning degrees there, have organized their Fall Recruiting Event, with activities slated for four separate occasions. The first was scheduled for Aug. 28. That “Part-Time Job Fair” was to run from 2 to 4 p.m. at the UTPB […]

Filed Under: Drilling Deeper

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