Historically, the word “environmental” in the oil patch has had the connotation of inconvenience, hassle, and extra cost. Today, several things are converging to change that narrative—ESG has made it more necessary and technology has made it more user-friendly. A case in point for the user-friendly side is the category of portable solar power for […]
Risk
From the inception of the oilfield, risk has been a part of the business. Most everyone agrees that the first oil well in the world was drilled by Colonel Edwin Drake in Pennsylvania in 1859, a whopping 21 meters in depth, which equals 68’ 10”. However, that is not the case—at least that well was […]
Reducing Water Transfer Costs at Remote Fracking Sites with Open Secure Automation
Fracking uses highly pressurized water, mud and sand to fracture shale until it releases the oil or gas trapped within its layers. Ensuring a continuous supply of the millions of gallons of water needed for this operation is a logistical challenge that is vital to wellsite cost control and profitability. Meeting this challenge has been […]
There’s Green in “Clean”
With ESG becoming the new EBITDA in the eyes of stockholders and investors, environmental companies—as the “E” in ESG—are finding more interest in their services. That’s helping them somewhat in weathering what is becoming the “Year of the Black Swan,” 2020. Others are combining that with creative ways to leverage accumulated data to improve services […]
Be a Leader, Not a Follower
The topic of face-covering remains political, central to the development of theory, and gathering of information about probable consequences appropriate to making health-conscious decisions. A recent newscaster said, when a hurricane hits, no one argues about whether it is a Category 3 or a Category 5; it is a hurricane. With regards to how to […]
To Celebrate an Incredible Achievement
Stepping to the podium at a wellsite just outside Midland operated by Double Eagle Energy, President Donald Trump on July 29 opened his address with these words: “I really am thrilled to be here in Midland, Texas, with the extraordinary men and women of Double Eagle Energy… [applause] and what a nice welcome. Thank you […]
Adapting to a New Digital Normal
While we all continue to address ongoing Covid-19 challenges, the Permian Basin Petroleum Association has been developing new and innovative methods to engage with our members as we advocate on behalf of operators and Permian Basin communities. While surely not our preference, PBPA has had to make informed decisions that protect the health of our […]
How the Workforce Shapes Up
What’s it like working in the environment of 2020 and possibly beyond? In 1972 the Rolling Stones issued an album called Exile on Main Street, with a song called “Ventilator Blues.” Its chorus varies, but the first time through it says: Ain’t nobody slowing down no way Everybody’s stepping on their accelerator Don’t matter where […]
Safety: Let’s Have a Meeting!
Greetings and salutations! It is my sincere hope that by the time this edition hits the press that the price of oil has crept back up and everyone has started ramping back up! Between the coronavirus, the quarantine, riots, and the Saudis and Russians seeing who can drop the prices the fastest, it has been […]
Riding the 2020 Emotional Rollercoaster
Well, at the end of June, nearing $40/bbl for the price of oil sure feels better than nearing $10/bbl. While it’s not the $55/bbl that we enjoyed pre-“Double Whammy,” (Covid-19 and Price War) it is much better than we experienced in the month of May, when realized prices for many were in the $17/bbl range […]
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