Since the lifting of oil export restrictions in 2015, the United States has become a major player in international trade in oil as well as in natural gas. The first half of 2023 saw U.S. exports of both commodities surging to new heights. In fact, over that period the United States surpassed Qatar and Australia […]
Calling on Leadership: Time for a Change in 2024
To change the message of the Permian, we need to start by cleaning our own house. That comes by reviewing one employee at a time. Some should stay, and some should go. Keep the positive, hardworking, and loyal ones. Keep the ones who give more than 80 percent and show up on time but are […]
All in One Place
The exhibits have been broken down and trucked away—over a month ago, in fact—and the thousands of attendees have moved on to daily routines, but memories linger. This prodigious biennial event known as the Permian Basin International Oil Show makes an impact on all who experience it. On Day One of the three day (Oct. […]
Endeavoring to Make a Difference
We live in interesting times. What the world has taught us since Covid is that nothing that one might expect to happen, will happen. Rather, what happens is something altogether unexpected. WTI was supposed to climb above $100 before year’s end. As this sentence is being formed, it stands at $75. The price of crude […]
OPINION: The Reason for the Season as a Reason for Reflection
This being the beginning of the Christmas season, with so many people thinking thoughts of the “reason for the season,” now seems as good an occasion as any to step back from the issues of the oilfield and take a broader view—a view of ourselves and where we stand in this day and age. For […]
Ongoing Research Boosts Refrac Results in the Permian and Elsewhere
Three realities are converging in many basins to encourage more producers to refracture existing wells. One is that, other than in the Permian Basin, the best prospects have been drilled, so that newer wells are costing more to drill while producing less. Another factor is that newer frac technology is releasing much more oil than […]
The Ability to Drill a Crooked Hole on Purpose
The horizontal drilling techniques of today’s oil patch are the culmination of a long series of technological advances begun in the earliest days of the oil and gas industry. Originally, directional drilling—or sidetracking—using a variety of deflection drilling devices was developed to solve a number of problems associated with well drilling. In those very first […]
First Generation Americans in the Workforce
Midland College had an event in September titled The Latina Women’s Conference. I attended and listened to a panel of ten women discussing how they could get bachelor’s and master’s degrees, get great jobs, and start their businesses against what many would consider difficult obstacles. Those obstacles included growing up without enough to eat, […]
When Your Company Isn’t a Big Corporation
There are many benefits to working for a small company. There are also many challenges, specifically surrounding hiring and training your safety personnel. We will cover a viewpoint that does not get much attention due to its perhaps small or limited application, but one that, being overlooked, leads frequently to a gap in safety programs. […]
The New Peak Discussion
It was Marion King Hubbert, a U.S. geoscientist, who first proposed the theory that oil production would reach a “peak,” based on available reserves, after which it would fall precipitously. At a 1956 American Petroleum Institute meeting he presented a paper showing a bell curve of U.S. oil production, with the chart displaying an inflection […]
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