By Jesse Mullins As we move deeper into the spring of 2023, oil and gas interests in New Mexico have much to be thankful for. Business is good. It can always be better, of course. But activity is strong. The biggest plus that New Mexico oil and gas can look to this spring is the […]
Strength in Numbers—and in Resolve
Coalition building plays an important role in the power and influence that the Permian Basin Petroleum Association (PBPA) can harness especially when member companies have aligned interest and work together to impact legislative and regulatory policies. Sometimes the PBPA and other oil and gas trade associations work together to benefit all oil and gas producers. […]
To Allocate an Asset: Water
by Jesse Mullins MIDLAND, TEXAS—Welcoming the usual full-house crowd to the familiar confines of the Horseshoe Arena in this oil-and-gas-savvy town, the Permian Basin Water in Energy Conference (PBWIEC), in its fifth annual iteration, submerged itself in the depths of the ongoing “water in energy” discussion for two days (March 1-2), hosting a full slate […]
Have a Game Plan
Today I will be making an analogy to the sport of football. It is one of the most popular sports in the Permian Basin. Most companies, large or small, evaluate their respective effectiveness as a safe company once a year. Traditionally it is after the Christmas season and the start of the new year in […]
Where the Action Is
With return on investment and environmental, societal, and governance (ROI and ESG) concerns topping the charts, service companies tasked with getting downhole and opening the wellbore are under the gun these days. Making hole quickly is the first step, and completing the well—or in some cases re-completing—can boost producers’ bottom line. Legacy Directional Drilling, GEOData, […]
Workforce Development and Literacy Skills Go Hand in Hand
Workforce development in the Permian is a hot topic. Still, as I have met with various educational and non-profit organizations, there needs to be more clarity between what the industry needs and how the word is getting out on professional development offerings for our workforce. I learned that some organizations could better market their offerings […]
Balancing Act
Drilling a well in any oil formation actually produces three things: Oil, natural gas (and associated liquids), and water. All of it must go somewhere on its way to processing, disposal, or reuse. As those ratios change, apportioning the midstream capacity can be a moving target, especially when those investment decisions and construction windows involve […]
Crunch Time in the Legislature
Members, The Texas Legislature continues to churn through its 140-day session and with the final month of the legislative session arriving, we are certainly at crunch time. A record number of House and Senate bills were filed but perhaps the greatest challenge of all is that a significant number of these record bills were filed […]
88th Regular Session Enters Home Stretch
Texas representatives and senators are required by law to pass a balanced budget every two years. While the House and Senate each work on the budget and hold hearings simultaneously, they traditionally take turns originating the general appropriations bill and chairing the Budget Conference Committee. For the 2023 Regular Session, the bill originated in the […]
The Power of the Permian
The week of February 13-17, 2023, will go down as a very important time for the communities of the Permian Basin and the oil and gas industry of the United States. The U.S. House Natural Resources Committee held a subcommittee hearing focusing on how Federal Energy Production Supports Local Communities at the University of Texas […]
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