After a bumpy first half, the year 2025 has put the Permian Basin’s oilfield services (OFS) sector squarely in the squeeze. Crude and gas prices have softened from 2023–24 highs, leaving exploration and production (E&P) budgets tighter, drilling schedules leaner, and pricing power tilting back toward operators. Yet this is also a cycle of reinvention: […]
It’s a Changing World… and Then There’s the Whole AI Thing
Baseload Fuel. The output of Spanish gas-fired power plants has jumped 58 percent since the April 28th nationwide outage. The hope is to better stabilize the network after record usage of air conditioning has been seen this year across Europe. You know, the more reliable power generation. Soar Like an Eagle. We have all been told […]
The Show That Makes the Basin Relate-able
Click here to listen to the Audio verison of this story! It has to be fairly common knowledge by now that the Paramount+ streaming series Landman is returning for a Season 2. Yes, by sometime in November you can once again follow your favorite Permian Basin-based characters as they carry on with their winsome […]
Forklifts and Lift Training
Each year this particular topic—safe operation of forklifts—is overlooked by too many, to the detriment of the everyday worker. There are numerous people who are accustomed to operating a forklift. However, there are significantly fewer people formally trained and certified in forklift operations. This fact in and of itself illustrates a huge gap. Due to […]
Artificial Lift That Thinks for Itself
Click here to listen to the Audio verison of this story! In today’s data-driven oil field, having a system that manages and accurately interprets that data, in as close to real time as possible, is now a basic necessity. NOV and Lufkin are both using advanced systems to better manage production at various stages of […]
PBPA Secures Legal Victory Against Endangered Species Act Abuse
MIDLAND, TEXAS—The Permian Basin Petroleum Association (PBPA) on Aug. 12 welcomed the ruling by the U.S. District Court for the Western District of Texas vacating the U.S. Fish and Wildlife Service’s (FWS) 2022 listing of the Lesser Prairie-Chicken (LPC) under the Endangered Species Act (ESA). The decision follows FWS’s own admission that the listing rule […]
Getting Grounded on the Seismicity Issue
Click here to listen to the Audio verison of this story! Is Induced Seismicity a punk band or a geologic event? If you said, “Geologic event,” you’d be correct. If you guessed, “Punk band,” please let us know which clubs you’ve been visiting. You are sitting at home in Midland, and you hear a […]
Unemployment Insurance Brings a Cost
It’s time to review what unemployment insurance is costing your organization. Job growth is up, but employers are hesitant to hire more employees and reluctant to let go of those they have fought so hard to hire in the past few years. Suppose your organization does plan to lay off employees. In that case, your […]
LNG Changes Everything
Click here to listen to the Audio verison of this story! The exporting of liquefied natural gas (LNG) has changed the game for producers of those molecules in every basin in recent years. The rising export demand, starting when LNG exports began in 2016, has helped raise natural gas from the $2 per million […]
WTI and Permian Gas Price Trends
In the second half of 2025, West Texas Intermediate (WTI) is expected to average around $66 per barrel, reflecting elevated geopolitical risk premiums—particularly due to tensions in the Middle East—while tempered by ample global supply growth. The U.S. Energy Information Administration (EIA) raised its mid-year forecast accordingly and now expects WTI to gradually decline to […]
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