Can technology make $20 oil profitable? Technology-based improvements in time efficiency have already made oil production at least sustainable at $50 per barrel. Could further improvements drop the break-even level to even lower prices? Firms who are leaping forward to fully embrace oilfield technology—both providers and end-users—point out that the “old ways” of doing […]
Drilling Deeper: Ring in the New
In this month’s miscellany of articles, the theme of newness might be the tie that binds. These are the full versions of the “Drilling Deeper” news items that appeared as abbreviated versions in the print edition of PBOG’s January 2018 issue. Weir Erects Service Center Fort Worth-based Weir Oil and Gas broke ground in […]
Sand Nation
In a sweeping and disruptive move that in some ways pre-empts the huge sand suppliers of Wisconsin and other points north, the Basin storms into the sand mining business, bringing home what could be the lion’s share of this vital and ever-growing segment within the well completion industry. by Jesse Mullins “The West Texas […]
He Made a Hand
Tenets to Live By By Julie Anderson No doubt S. Javaid Anwar could lead a seminar on achieving success in the petroleum industry. However, the owner and president of Midland Energy, Inc., could also teach a class on “the tenets of success” or “habits to live by,” the kind of course you would want your […]
Oil Patch Tales: Bait and Switch
by Bobby Weaver Some people, usually of the male gender, just plain like to fight. That is especially true of oil field hands. Now myself, I never was much of a hand at fisticuffs. For one thing I was a tad small for the activity and besides my threshold for pain was always […]
Getting the Message Out
Being heard and understood by the public was an overarching theme of the 55th Annual Meeting of the Permian Basin Petroleum Association, which convened Oct. 25-26 in Midland. by Jesse Mullins A full day’s slate of speakers and panels concluded what organizers felt to be one of the best annual meetings, in recent times, […]
Among Top Hands, A First
PBPA Awards its prestigious Top Hand award to the Beal Brothers, the braintrust at BTA and some of the most respected oilmen in the Basin. by Jesse Mullins On Jan. 18, in the sumptuous confines of the Midland Petroleum Club, four exceptional brothers will be feted as the latest Top Hand honorees, as they […]
Back In The Day: Telling a Story
Telling a Story The fine photography collected, as well as (often) shot, by oilfield photographer Mitch Mayborn in middle-to-later 20th Century, working for Drilling Magazine, holds up as documentary imagery of that day, and as a nice primer to the various components of the patch.
HRIQ: Oil and Gas Technology and Labor
by Bill Price Technology has dramatically changed the oil and gas industry in the last decade. We know the effect of enhanced oil extraction on production but this was only possible through the introduction of sophisticated technology. The energy industry has become less labor intensive, as is true of most industries. The industry has experienced […]
Getting the Resources Gone
Takeaway is what the midstream sector is all about. Getting the crude oil, natural gas, and natural gas liquids away from the wellheads and on their way to the processing plants. Sounds simple, but it’s a world unto itself, and it’s a world that’s undergoing dramatic change. by Jesse Mullins The upstream sector has its […]
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