Click here to listen to the Audio verison of this story! The flurry of merger and acquisition (M&A) activity over the last two years has changed the minerals landscape in the Permian Basin, along with most producing basins in the United States. Fewer operators control larger acreages. Also, the definition of what constitutes a […]
Down to the Wire
With only a few dozen hours remaining in the regular session, Texas lawmakers have sealed the fate of thousands of bills and are now focused on reconciling House and Senate versions of passed legislation. The Texas Legislature meets in a regular session every two years, convening on the second Tuesday in January of every odd-numbered […]
Spring Swing Was a Beautiful Thing
ODESSA, TEXAS—The Odessa Country Club on April 7 was the locale for a gathering of some of the best human beings in West Texas and New Mexico as the Permian Basin Petroleum Association held its annual “Spring Swing.” This golf tournament, a four-man scramble, was played over two courses simultaneously. Beautiful weather greeted the full […]
New Era Helium
As we discussed a few months ago, the Permian Basin is starting to feel the impact of AI data centers creating demand for natural gas fired electricity. Chevron and Diamondback Energy are two of the larger players engaging in projects to power AI data centers. For investors, those deals barely move the needle for a […]
Electrifying the Permian
There is a new sheriff in the White House, and with his administration embracing the oil and gas industry, excitement and relief has permeated throughout. Although the doors of possibility have now opened upon a gleaming prospect of four prosperous years ahead, certain of the industry’s lingering challenges will need solutions if growth is to […]
In the Air or on the Ground, Safety Is Still Safety
The NTSB estimated a total of nearly 24 million flight hours in 2007, when 6.84 of every 100,000 flight hours yielded an airplane crash while 1.19 of every 100,000 yielded a fatal crash. This was down from an all-time high of 9.08 accidents per 100,000 hours in 1994. It is an old statistic that I’m […]
Taking Carbon Captive
Carbon capture and storage grows technology, but legal and geological questions remain. The old saying about change and things staying the same may itself need to change, especially in the energy sector. “The more things change, the more they continue to change,” would better codify the rapid acceleration of new technologies and landscapes. And with […]
Tough Transitions
When it comes to managing, planning, and staffing during significant transitions—here are some things to ponder. In current times I feel a little like the character Alice, from Lewis Carroll’s Alice in Wonderland, wherein she says, “I wonder if I shall fall right through the earth! How funny it’ll seem to come out among the […]
New Mexico: Taking Stock
Geographically, the New Mexico side of the Permian Basin seems small—only five of the region’s 54 counties are there. But those five—mainly Lea and Eddy—account for 29 percent of the Basin’s total production, according to figures from the U.S. Energy Information Administration (EIA). Lea and Eddy rank second and third in the Permian as well […]
Eighty-Ninth Texas Legislature: One Month Countdown
With the session’s signature issue—school vouchers—seemingly settled, lawmakers have turned their attention to deadlines and their domino effects, including a coveted spot on the intent calendar, required for a bill to make it to the chamber floors. The 89th Regular Session convened on Jan. 14. Upcoming deadlines include: May 12:House bill first reading deadline. May […]
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