Closely watched litigation regarding the definition and ownership of water has percolated up to the Texas Supreme Court. Interestingly, Cactus Water Services, LLC v. COG Operating, LLC[i] has received amicus curiae briefs from associations across the state representing farmers, ranchers, land, and mineral owners requesting the Court to uphold one of the fundamental foundations of […]
The Permian’s Future is Electric
AI has been at the forefront of daily investment news the past year. Nvidia this, OpenAI that. More recently, the power needs of AI have been getting column space and breathy podcast time too. Globally, AI power demand needs have been putting pressure on utilities and governments to come up with more energy production. In […]
Lateral Moves
Longer laterals, faster completion times, and tightening budgets have pushed downhole tools to their limits in the last five years. Innovators at service companies like Neo Oil Tools, NOV, and Baker Hughes are also pushing the research envelope to adapt their equipment and procedures to the demands of today’s oilfield. In every case they’re finding […]
The Luck of a Safety Guy!
Some of the most commonly heard phrases in the oilfield when describing accidents are references to some sort of luck. Luck is defined as success or failure, apparently brought by chance rather than through one’s own actions. Regardless, whether it is good luck or bad luck (or, as some claim, it may be “no luck […]
Automation Embraces Electrification
The oil and gas industry follows a trajectory that mirrors the progression of the world. There has been the pursuit of prosperity, certainly. But apart from that, the pursuit of information has in itself come to carry great significance and the accumulation of information brings with it power. As the oil and gas industry has […]
Winning or at Least Not Losing Unemployment Claims
I often harp about hiring the right person the first time. To start this month’s topic, here is a big surprise: there are several folks in the Permian Basin who are so skilled at using AI to write about themselves that I want to shout, Stop the BS! People looking for jobs are great at […]
Bit by Bitcoin
Sometimes at the convergence of two problems there is a solution. The fact that Permian oil wells are getting gassier (setting new production records regularly) and straining gas takeaway capacity is one—and issues with massive grid demands of bitcoin mining and data processing is the other. Increasingly, producers are seeking alternative markets for gas, and […]
A Question of Fixed Versus Floating Interest
The Texas Supreme Court recently requested full briefing in a petition for review from the Eighth Court of Appeals in El Paso, titled Clifton, et al. v. Johnson, et al. The petition for review requests that the Supreme Court reverse the appellate court’s judgment and render judgment for the Appellants. The issue at hand involves […]
The Escalating Cyber Stakes
In just one year—2022-2023—ransomware attacks on operational technology (OT) in the United States increased by 50 percent, according to cyber security experts at Dragos, in their 2023 Year in Review. And cyber security firm Palo Alto Networks reported that 70 percent of industrial firms suffered a cyber attack in 2023 (The State of OT Security […]
Let Energy Freedom Ring
For years, the Permian Basin Petroleum Association has been the leading proponent of domestic energy, rallying around our nation’s need to establish a domestic energy policy that promotes places like “Midland, not Moscow.” And this July while we celebrate the 248th anniversary of the founding of our United States, our efforts to encourage natural resource […]
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