After a career spanning almost 60 years, in which he founded several companies and mentored many individuals in the business, Endeavor Energy Resources LP founder Autry Stephens will be honored as the PBPA’s Top Hand for 2021. In 2018 the Dallas Morning News called Endeavor “the largest closely held oil producer in Texas by production […]
Now’s the Time
Today, more than 1.2 billion people live without access to electricity and 3 billion people lack access to the types of fuels necessary to cook and provide food for their family. There is no question that this is a time for more focus on ways to deliver access to affordable energy to those struggling to […]
It Comes at a Premium
For many companies in the Oil Patch—producers or service companies—insurance is one of the top expenses, especially when the reckoning includes health policies—and premiums for that coverage are rising quickly. But the protection from loss and liability provided by insurance is important, and for many service companies it’s required by most Master Service Agreements (MSAs). […]
The Permian in Perspective: A Q&A with Jason Reimbold
An energy lending institution since 1910, BOK Financial (it derives its current name from its earlier name, Bank of Oklahoma) maintains offices in Houston, Denver, Tulsa, Oklahoma City, and Dallas, and invests more of its portfolio in Permian Basin projects than in any other basin. Jason Reimbold, Managing Director of Energy Investment Banking at BOK […]
Safe Tidings
This is my favorite time of the year! It is every safety person’s “reward time” of the year! No, not necessarily the monetary reward, but rather the reward of employees enjoying their families and friends. Another untold bonus is being able to return to work for some Holiday Relief. As I write about the different […]
The Show Goes On
ODESSA, TEXAS—The Oct. 19-21 run of the Permian Basin International Oil Show came off nicely for a show that had to bounce back from disappointment. There was the disappointment that came from having to call off the scheduled 2020 run of the event, due to Covid. And there has been the disappointment, felt across the […]
The Future of Work
Where will employees want to live and work? Time to drop a pin: Work-life balance has changed, and workers are in the driver’s seat. High wages in the Permian are commonplace, but the work-life saga is coming to a town near you, even in Timbuktu. Those companies and locations that are forward-thinking may be the […]
Dealmaker
“He has a nose for deals.” —T. Ackerman “He is very focused.” —B. Sheffield “He has an unlimited future.” —A. Stephens “I worked my butt off.” —T. Newkumet These are some of the ways industry leaders—including the man himself—describe Regions Permian Co-Founder and CEO Travis Newkumet. Leaders like Tomas Ackerman, partner at Carnelian Energy Capital; […]
Taking up the Challenge
With Thanksgiving just past, and Christmas on the way, it’s a time of hope and thanksgiving for all. I encourage you all to be thankful not just for the gifts you have, but for the challenges you face. These challenges make you stronger, sharper, and help you grow. With constant attacks, or challenges, from every […]
In Retooling Mode: Oilfield Services
With the tidal wave of disruptions over the last two years, the oilfield service sector has had to pivot, reboot, and refocus just like the rest of the industry. Midland-based Forty A&M LLC specializes in shooting fluid levels and well optimization, and California-based Tetra Tech’s Permian business mainly consists of treating and handling produced water. […]
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