On Jan. 18, the Permian Basin Petroleum Association gathered in the sumptuous confines of the Midland Petroleum Club and made a special occasion of honoring the lifetime achievements of one of the Permian Basin’s great leaders and businessmen: Charles Richard “Dick” Sivalls. The worthy honoree was recognized as the Permian Basin Petroleum Association’s Top Hand […]
Shifting Sand
As prevalent as a PropX box. While that line, above, is not a commonplace figure of speech in the Basin, it might as well be. The PropX box is everywhere. That’s because sand is everywhere—or at least it is going everywhere. And usually on the road that you are driving on. When God put the […]
Mobility Matters. That’s Why the PBPA Matters.
Occasionally I travel to places outside of the Permian Basin. I know, I know. You might be asking, why would I ever leave the oasis that is Midland, Texas? Well, I figure if our oil has mobility around the world, I guess I can do a bit of traveling too. When I do travel, I […]
Where the Water Goes
An oil well produces three things: oil, natural gas and (mostly) water. All three of those things have to have somewhere to go in order for the well to operate, and right now only two of them are profitable. The last is working its way up from being a nuisance to being a useful byproduct, […]
R-e-s-p-e-c-t
Let’s launch into our subject by posing a question: How is today’s workforce different from that of any other generation in our industry? Back in the day, you just did exactly as you were told, without deviation. Whether you were a person new to the industry or a seasoned veteran, you understood that no explanation […]
Information Technology Flips a Switch
From its beginning in simply reporting when a pump shuts down, to now predicting that event before it happens, information technology has greatly evolved in the last 10 years—and that evolution is only getting faster. No longer is it enough to have the data—it’s necessary to maximize it. Operations like artificial intelligence, machine learning, data […]
Employee or Independent Contractor?
This subject may have become the latest hot topic in the oil industry. However, the January 10, 2024, rule from the U.S. Department of Labor (DOL) was no surprise to me. If you followed case law, you had to know it was coming. Effective March 11, 2024—yes, this month—the previous, January 7, 2021, final rule […]
2024 Outlook: Mixed, But Promising
In releasing its 2024 Outlook in January, Enverus researchers and prognosticators see a decline in the huge merger and acquisition frenzy of the previous year, and they see the remaining Permian producers keeping the flow going by attacking secondary zones with new technology and procedures. Enverus Intelligence Research’s Senior Geology Associate on the Permian Team, […]
PBPA: Making 2024 The Year to Be Seen and Heard
The PBPA Top Hand Award Banquet was a wonderful evening honoring Mr. Dick Sivalls just a few days ago. Thank you to all those that participated in the honoring of another incredibly worthy recipient this year. The Top Hand Dinner has become one of my favorite events of the year. Each and every time I […]
Mergers and Acquisitions: What happens to the HR Staff?
One of the first departments to go with mergers or acquisitions is the human resource (HR) department. With that departure, the acquiring firm, or the more powerful merged firm, loses institutional knowledge when the HR staff departs. Instead of getting rid of the acquired HR staff, keep them. The HR staff departs for several reasons. […]
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