Money? It’s Baaaaaccckk. You hear things from different people with different connections. It is always nice as an analyst to try and put things into perspective. A recent Hart’s article quantified some numbers and the implications are interesting. Oil, natural gas, and midstream development have gotten hot. Quickly. In the last 10 days of October, almost $20 billion of private equity funding […]
Taking AIM on 2025 and Beyond
MIDLAND, TEXAS—In an industry event that convened a scant two weeks after the momentous general election, oil and gas decision makers and professionals gathered Nov. 21 in the Horseshoe Arena in this oil-minded metropolis, where Hart Energy’s DUG Executive Oil Conference fetched attendees from Texas, New Mexico, and around the nation. No matter what one’s […]
The Permian Basin in 2025
This month, with the New Year just beginning, I’d like to take a brief look at things to expect in Permian developments for 2025. With political changes, there is a lot of anticipation that “drill, baby, drill” will make material impacts in oil and gas production. I think the impact will be minimal on production […]
Everything Old is New Again…
The oil and gas industry has historically evolved as a business sector that welcomes the implementation of innovative ideas and then makes the most of the ensuing improvements. Much like compounding interest in the financial sector, drilling mud technology has undergone improvement, with the next best idea building on the previous. While oil-based drilling mud […]
Twenty-Four / Seven
I sincerely hope this new year finds you doing well. In past articles I have written mostly about safety at work. Occasionally, I have mentioned or delved into safety at home, as well. Two examples are when I talked about slips, trips, and falls, as well as safety data sheets for home and work. Certainly, […]
Emissions Detection Goes High Tech
Methane emission regulations are tightening, with EPA Quad Oc rules slated to take effect later in 2025. As a result, service companies are offering ways to capture methane efficiently so that producers can actually come out ahead by selling that formerly-lost methane into the market. Detection methods vary, being literally miles apart. Momentick aggregates and […]
Advice for the Displaced
Wow, how did it get to be 2025? The year 2024 was a big one for mergers and acquisitions, and I reviewed many of these a few issues back. With these M&As, lots of people lost their jobs, changed their jobs, and got to put buyout money in their bank accounts. There appear to be […]
In the Best Basin Tradition
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 […]
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