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 […]
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 […]
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