The oilfield legacy of this year’s Permian Basin Petroleum Association Top Hand, Dennis Johnson, looms wide and, as with any oil legacy, deep into the earth. He will be presented the award the evening of January 18 at Midland’s Petroleum Club. Currently Chairman and CEO of Summit Petroleum LLC, he previously had the vision to […]
Permian People January 2025
January 2025 hirings, promotions, and other personnel matters in the nation’s biggest oil patch—or in companies who do business here. Ring Energy, Inc., announced Nov. 5 the addition of a new senior technical executive. James J. Parr joins Ring as Executive Vice President / Exploration and Geosciences. Parr is a petroleum geologist with more […]
2025 Legislative Sessions: A Preview
______________________________________________________________________________ The Texas Legislature meets in a regular session every two years, convening on the second Tuesday in January of every odd-numbered year in Austin. These biennial sessions are limited to 140 days. The governor has the authority to call special sessions as necessary, which cannot exceed 30 days. The 89th Texas Legislature is […]
Give and Take
The fact that any cities in the Permian Basin, including Midland and Odessa, are more than a pinprick on a map is due to the presence and extraction of oil and gas. Indeed, the only reason the region is named after rocks that are invisibly buried thousands of feet out of sight, instead of by […]
Holding the Line, Measured Approaches, and What the Web Revealed
The journal entries below are excerpted from recent installments of James Wicklund’s “Things I Learned…” newsletter. Funk. The oil and gas business continues in a funk, with oil prices around $70, the world fairly awash in oil and the hopes for demand growth not yet materializing. The sector has held the line on capex and spending, […]
Artificial Lift: Where It’s Going
Like a bartender short on lemons, oil and gas operators are intent on squeezing every drop of oil from every well at every stage of its life to meet global energy demands. New technology for hardware, well design, and management software are in the works for every type of lift, not just on the top […]
Driving in the Permian Basin
Greetings and Salutations! Each year I do my diligent best to be fresh, striving to be on the cutting edge of safety and what is pertinent. However, driving—not necessarily the first thing the public thinks of when contemplating oilfield safety—is perennially the most dangerous part of any job in the Permian Basin, a danger not […]
Permian Basin Under Trump 2.0
During President Trump’s first term he was able to streamline regulations and support infrastructure development. Much of that infrastructure is now complete. Going forward, the most important things that a new Trump administration is likely to achieve is loosening environmental regulation, which has bordered on onerous, and allowing a continued move to consolidate assets. Under […]
The Art of the Frac
It may seem hard to believe, but in the history of energy production in America we find ourselves but two decades short of the centenary of hydraulic fracturing. This process, commonly referred to as frac’ing, had its origins in the 1940s but has evolved into a major technology used in the oil and gas industry […]
Permian People December 2024
December 2024: Hirings, promotions, and other personnel matters in the nation’s biggest oil patch—or in companies who do business here. SM Energy Company announced Sept. 9 that Beth McDonald had been appointed as its Executive Vice President and Chief Operating Officer. President and Chief Executive Officer Herb Vogel commented: “We are delighted to welcome Beth to our […]
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