Greetings and salutations! Welcome back to this month’s discussion on Safety in the Permian Basin! Let’s get right to it. As you are keenly aware, the global and stateside political climate is strained. (That’s like calling Moby Dick a guppy.) Tension in the Middle East is also high. American society is divided and in a […]
Beware the Ides of March
This month I’m going to talk with you about hiring the right people. In October, I reviewed the basics of hiring and firing but I want to talk about making the right hire. Why the reference to the Ides of March? It is because Julius Caesar was assassinated and if you also remember your Roman […]
Filling the Potholes on the Road to Progress
Since the advent of the frac era, the idea of taking a leisurely drive in the country anywhere in the Permian Basin has dwindled to a speck in the rear view mirror. Some roads, particularly U.S. 285 between Pecos and Carlsbad, S.H. 302 through Winkler County, and I-20 pretty much anywhere along the Odessa-Midland corridor, […]
O&G’s X Factor
Never spend your money before you have it. —Thomas Jefferson What some might consider a bad habit—waiting 60-90 days to pay invoices—has birthed a business sector whose purpose is to bridge that gap by advancing money on those unpaid debts. Known as factoring or accounts receivable (AR) financing, this service allows companies—usually service providers—to stay […]
Crossing the Line
We convened down at the Rig #8 this past Friday for our weekly alcohol-fueled sojourn down memory lane. This time the subject came up concerning some of the more wealthy members of our little oil patch fraternity and how they got that way. There were the usual yarns about old so-and-so and how he drilled […]
When Love Takes Over
Love is in the air. Happy Valentine’s Day. Have you noticed that love is in the air and occasionally at work? So, what does your employee handbook say about office romances? If you don’t have one on employee dating, I recommend you develop one and have every employee sign it. This can be a part […]
Recipe for Success:
A new breed of service companies seeks to combine efficiency and environment. The word “green” can mean different things to different people these days. To the accounting department it means money. To the public, including investors, it can mean environmentally friendly. Often those two meanings are at odds. At least two service companies with a […]
Drug and Alcohol Abuse
Greetings and salutations! Another great day in the wide world of safety, said no one ever, LOL. Not many people even like the subject of safety, but it is extremely popular among safety people. It’s kind of like when engineers get together and tell engineer jokes, when no one understands the jokes except for engineers. […]
Born on a Prayer
Although completion of the Santa Rita #1 well in Reagan County in 1923 was preceded by the Mitchell County Abrams #1 (1920) and the Loving County Russell #1 (1921), firsts do not necessarily denote the most important. The Santa Rita well, which was in the same 100-barrel production range as those which preceded it, received […]
Sphere of Influence
Once again, a state agency tasked with serving the vastness of the Lone Star State has turned its attention to the Permian Basin. The reason: The Permian Basin Sphere of Influence. Those who live and work in the thick of it shared their perspective at the first meeting of the Permian Basin Regional Freight and […]
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