With the slowdown in drilling due to several issues, including quarantines related to the coronavirus, combined with frantic construction of pipelines over the last four years, pipeline shortages may soon be over. A trade agreement with China, which had promised to jumpstart petroleum exports to that country, has been dampened by that same virus due […]
Navigating a Twofold Crisis
You have to like a guy who does the thing that gives people a measure of hope. Just when the grimness of the colossal price drop in crude oil was deflating people’s outlook for their economic future, someone did something uplifting. Kirk Edwards published an “Open Letter to President Trump” in the Odessa American on […]
Permian Basin idles 32 percent of rigs in past five weeks
In the past five weeks, according to Baker Hughes’ reports, there have been 135 rigs idled in Permian Basin (down 32.3 percent from six weeks earlier March 13), 146 in Texas (down 35.8 percent), 33 in New Mexico (down 28.2 percent) and 263 in U.S. (down 33.2 percent). As of April 17 there were 283 […]
So You Want to be in Safety!
Greetings and salutations to this month’s column on Safety. As you may know, I started in the oilfield in 1971. This was also the same year that OSHA (Occupational Safety and Health Administration) started up as well. It has been a long road for both of us. There is no doubt that it will continue […]
How Oil Populated the Permian Basin
Population growth created by the first ten years of oil production in the Permian Basin was remarkable. Once the Big Lake field began to develop, a veritable deluge of oil men poured into the Permian Basin. As it turned out, during the mid to late 1920s, that vast lightly inhabited region with no known oil […]
Riding the Wave
With the proliferation of hydraulic fracturing since around 2010, the good news is that oil and gas production have exploded, reaching never-before-seen levels and practically eliminating net imports. The challenge, however is that fracturing requires millions of barrels of water—fresh or recycled—and also produces millions of barrels of water that must be reused or returned […]
Going with the Flow
MIDLAND, TEXAS—When a United States senator makes a call to deliver a keynote, you know your conference’s subject matter is striking a chord. Sen. John Cornyn (R-Texas) helped get the Permian Basin Water in Energy Conference (PBWIEC) off to a good start with his remarks at the dinner and reception held on Wednesday evening, Feb. […]
Leaving Your Job
Looking for a new job? Did you know the best time to find a new job is between January and May? Think about it—the summer months are when people are on vacation, and in the fall, employers are more likely to be looking for holiday help, which is less permanent. Changing jobs is a big […]
Rising Tide
In 1977, following the 1975 passage of the Energy Policy and Conservation Act (EPCA), almost all petroleum exports from the United States were banned. The Commerce department was allowed to make a few exceptions, such as for trade with neighbors Canada and Mexico. All this was, of course, in response to the OPEC oil embargo […]
Evolution of the Dissolvable Frac Plug
Dissolvable technology has been an evolving success story — innovation answering necessity in an industry never short of challenges. Today, dissolving plugs are a frequent if not typical component of most well completions, in all wellbore or downhole environments. Dissolvable plugs have proven to be particularly effective in long laterals with higher stage density. In […]
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