A roustabout is, in some ways, the essence of what the oil patch is all about. Sometimes confused by the public as a roughneck, a roustabout is generally thought of as just a less-skilled oilfield hand than a roughneck, but the fact is, their occupations are different. Roughnecks work on the rig floor, in proximity […]
A Delaware Deal, Dissected
Consolidation and asset rationalization continue to change the landscape in the Permian Basin. Among the winners is Permian Resources (PR), which just bought nearly 30k net acres in the Delaware Basin from Occidental Petroleum (OXY) for $817.5 million or just over $27k per acre. Occidental was looking to sell assets in order to pay down […]
Looking to 2025: A Full House (and Senate)
After another successful Annual Meeting, the Permian Basin Petroleum Association is gearing up for a full legislative session in Texas and New Mexico in 2025, and with your continued support we can ensure that the brightest days still remain ahead for the Permian Basin. Before we look ahead to the future I would like to […]
Pressure Pumping Under Pressure, OFS Could Soften, EWTC’s Event, and BBQ Done Right
Red-Headed Stepchild Pressure pumping seems like constant football, getting kicked around, winning or losing. First, things go flat. The observation that we know how to manage spiking growth and plummeting drops, but not flat times, was made by many to me. Pricing gradually erodes. Now account for the consolidations we have seen in E&P and the slowdown […]
The Energy to Vote
Estimates are that nations representing about half of the world’s gross domestic product (GDP) are voting this year, with economies, immigration, and energy transition among the top issues. As the world’s third most populous nation and its largest single economy, the United States factors heavily on the global scene. What happens in the United States […]
Lamentations of a Safety Professional
Greetings and salutations! We will be talking about the internal woes of most safety professionals at some point in their career. For those unaware of the story of my introduction as a safety professional in the oilfield, I will give you a brief background. Some may retort, “If you are in safety, you are not […]
Oil’s Well that Ends Well
Most shale wells, regardless of lateral length, produce furiously for the first several months, then start a downward trajectory that’s accompanied by rising levels of gas and sand. This combination means that lift methods must also evolve along the well’s life. To make that happen, three Permian Basin lift companies are advancing some existing technologies. […]
Court Rulings and Your Company: What to Watch For
The U.S. Supreme Court and many other courts make decisions that affect businesses and their employees. Writing about Human Resource Management (HRM) is challenging, given the constant legal changes. Of course, the Supreme Court cases affect all the states, but it is essential that we pay attention to what happens beyond the State of Texas […]
Permian People
Hirings, promotions, and other personnel matters in the nation’s biggest oil patch—or in companies who do business here. Craig Morford, Vice President, General Counsel, and Secretary for Exxon Mobil Corporation, an oil and energy company, retired on July 1. The Board of Directors elected Jeff Taylor to succeed him. “Craig has been a valued […]
The Dallas Fed’s Outlook, Opinions in Madrid, a new Exchange, and a Good Steak Joint Gone
The journal entries below are excerpted from recent installments of James Wicklund’s “Things I Learned…” newsletter. Perspective. The Dallas Federal Reserve Bank issued their 2nd quarter review of the oil and gas industry. Production was little changed; costs rose faster for OFS and still rose but more slowly for E&P. OFS utilization improved but margins were […]
- « Previous Page
- 1
- 2
- 3
- 4
- 5
- 6
- …
- 93
- Next Page »