Over many decades, the Permian Basin’s Good Old Boy network found a lot of oil, pioneered a lot of recovery techniques, and made the Scharbauer Hotel the stuff of legend. Today’s networks are more inclusive, with women increasingly taking roles in field work, in skilled positions, in management, in corporate leadership, and in jobs up […]
A Better Way
Politically, energy transition has been a topic of high importance for many around the country. This has been largely spurred by the idea that hydrocarbon-based energy is bad for the environment. Rarely is it discussed by those with complaints about-hydrocarbon based energy what the benefits are to society, some of which are often taken greatly […]
Meeting the Challenge
On Sunday, February 14, as families left church and began looking ahead to what the expected cold snap would bring them, arctic winds were barreling down from the north and bringing with them sustained cold, freezing rain, and concentrations of more than a half foot of snow in many places. In short, what this storm […]
Responding in a Time of Need
by PBPA Staff In early February, reports began to circulate that Texas was going to be hit by a severe winter weather event. Before the storm hit, the Electric Reliability Council of Texas (ERCOT) declared on February 8th that the event would “bring Texas the coldest weather we’ve experienced in decades.” At the depths of […]
Reporting for Duty
Greeting and salutations! I hope this month’s edition finds you doing well as we recover from the COVID-19 pandemic and the downturn in the oil and gas business. This month we are tackling an age-old issue—one not limited to our business but certainly a main factor. The issue is reporting incidents, accidents, and near misses. […]
“Never Going Back”
From the drill bit to the back office, information technology’s efficiencies and insights are helping the oil and gas industry survive and even thrive in more and more new ways every day. Case in point: a line on the Erdos Miller website points out that, 10 years ago, the words “technology” and “completions” would not […]
The Legislature: An Appraisal
“Always do right. This will gratify some and astonish the rest.” —Mark Twain What about the 2021 Texas Legislature and your employees? As of February 1, 2021, more than 45 bills have been filed in the Texas Legislature addressing employers and employees’ requirements. There are still no bills relating to non-competition or non-solicitation agreements […]
The Deepest Dip
On April 20, 2020, the benchmark price of oil—WTI—fell to an unprecedented level of -$37.61 for May 2020 futures contracts. While this event was not on the level of the invasion of Normandy or the release of the next iPhone version, its shock waves ripped through oil and gas boardrooms around the world—mostly because it […]
Let’s Dig a Little Deeper
Like the old saying goes, there are only two kinds of people when it comes to digging or doing excavation work. There are (1) those who have hit a line, and (2) those who are going to. I do not know anyone who has not hit a line unless they just started digging for the […]
Change Happens. Or Does It?
Those rascals are moving to Texas. How will that affect the way Texas does business, or will it? I want to start where I left off last month with the prospect of mergers and acquisitions and significant businesses moving to Texas to operate in a state more friendly to business expansion. To revisit layoffs, let’s […]
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