Midland-Odessa takes another step forward. The long-awaited UTPB College of Engineering Building is now a reality. One month. Four weeks. Thirty days. And counting. Workers scampered from one end of the building, from top to bottom, and all over the outside grounds in an all-out push to finish the new College of Engineering Building for […]
Lease Prices, Demystified
In recent months some record dollar amounts have been paid for leases in the Permian Basin. In 2018 a Santa Fe firm that places bids for anonymous investors bid more than $95,000 per acre for a tract of U.S. government land on the New Mexico side of the Basin. That number was a record high […]
Patriotism and Perseverance
In January 2007, President George W. Bush appointed Gen. David Petraeus to lead the multinational ground forces in Iraq. Petraeus immediately launched a plan to secure Baghdad, and one component of his war strategy was to recall Team Phoenix. Capt. Ann G. Fox, U.S. Marine and one of Petraeus’ original Phoenix recruits, had returned home […]
Line in the Sand
Basin frac sand mines may face a shakeout in the last quarter of 2019. By Paul Wiseman The oil and gas economy is always compared to a roller coaster ride, but nowhere in the sector has the ride been crazier over the last decade than in frac sand. Until the early 2000s, frac sand mining […]
Telling Isn’t Training!
Welcome back to this month’s installment about everyone’s favorite topic of safety! I recently was reading a post that intrigued me on a social media. A person who was new to safety wanted to know what was the most prevalent cause of accidents in the oilfield and why. The question was broad and yet evoked […]
Where to Go from Here?
“People said, ‘We’ve got to do something different.’” The last downturn helped shift people’s mindsets. Weatherford’s latest project in Odessa shows what that change looks like. By Paul Wiseman “We’ve been in the Permian Basin for decades,” said Weatherford International’s Karen David-Green, “and this new facility allows us to consolidate 10 product lines under one […]
Innovators
Wells and technology both get more complex. Companies are applying their best minds, and best thinking, to the task of staying up with the changes. By Paul Wiseman “Sometimes I think—me personally, or WellWorx or the industry—that we’ll run out of ways to innovate or we’ll run out of good ideas,” said Matt Raglin, founder […]
The Art of Control
By Paul Wiseman To be a Basin business and be a mere four years old and have almost 100 employees—this is not the typical track for a Permian startup of recent vintage. But at Van Zandt Controls, Larry Richards and team have focused small to grow big. The news is always full of stories of […]
Vision Shift
Unprecedented growth in the Basin calls for an extensive road plan overhaul. By Julie Anderson As a 37-year resident of Odessa and now Ector County’s chief administrative officer, County Judge Debi Hays is proud of the contribution the Permian Basin makes not only to the Lone Star State, but to the nation. In fact, she […]
Safety and the “Real World”
Greetings and salutations! Welcome to my inaugural column for the Permian Basin Oil & Gas magazine. I am excited to bring you stories, reports, and ideas. Some of the ideas will be new to even my safety colleagues. Just the same, I hope to bring you a refreshing look at what’s new and what’s old. […]
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