“Professional Ethics”: An Abstract Ethics and ethical practice has long been defined as “moral behavior” or the “standards of professional practice and morals of a particular profession or organization.” Because the code of ethics is specific to a unique organization, one often finds two professionals acting in what appear to be conflicting situations. Take, for […]
For the Greater Good: Dwayne Taylor
by Paul Wiseman To call Dwayne Taylor’s first business a “mom and pop” operation would have been an exaggeration by two times. Taylor was it, working seven days a week, by himself, and operating a single rig. Between that humble beginning in Hobbs, N.M., in 1986 to helping lead a group of Permian Basin […]
Drilling Deeper: So Much to Sort Out
So Much to Sort Out The year 2017 begins with big deals and big changes, all accompanied by fresh takes on the new doings. These are the full versions of the articles shown in truncated form in the print version of our March issue. Texas to Lead in Production Through 2018 In EIA’s January Short-Term […]
Ode to the Oil Patch
Poet Laureate of the Oil Patch The man who was known as “Rod Tailin’ Blackie” was a voice for the ages. Few occupations have been immortalized in poetry like the gold mining poems of the Yukon penned by Robert W. Service. Alas, the petroleum industry has no poet of that stature to glorify its lifestyle. […]
The Well That Launched the Permian
Santa Rita #1 was the discovery well that opened what would prove to be the biggest oilfield in America, and what might someday become the biggest in the world. Its story is one that epitomizes what the oilfield is all about. by Bobby Weaver It has been almost one hundred years since the Santa […]
To Give It Another Go
Refracturing gives producers another crack at declining wells. Improved frac procedures and the opportunity for strong cost-benefit balances are behind the renewed interest in refracturing. By Paul Wiseman Much like the rise in horizontal drilling that started a few years ago, industry veterans realize that refracturing is not so much new as it is […]
Tracking the 2017 New Mexico Legislature
We present, below, our second monthly Q-and-A with Mike Miller, governmental affairs representative for New Mexico for the Permian Basin Petroleum Association. PBOG magazine spoke with Mike on the early activity in the statehouse. PBOG: Last time we talked, it was before the whole session had started, and the biggest point you made was […]
Texas Legislative Session Underway
The 85th Texas Legislature convened on Jan. 10 and is set to adjourn on May 29, 2017. With the Texas House and Senate meeting only six months every two years, thousands of bills are drafted and brought to a vote every legislative session in a very short amount of time. The Permian Basin Petroleum Association […]
Drilling Deeper: What a Difference a Year Makes
Such is the story nearly everywhere we look. These are the full versions of the articles shown in truncated form in the print version of our February issue. EIA: U.S. Proved Reserves in 2015 Declined Due to Lower Prices U.S. crude oil proved reserves declined 4.7 billion barrels (11.8 percent) from their year-end 2014 levels […]
Where the Action Is
Like a canary in a mine, an oilfield auction can be a bellwether of oil economy health. Frac equipment led auction sales for two years, as hardware that was being unloaded on the marketplace. And yet now it’s a hot buy. By Paul Wiseman When gauging the health of the oil field economy, there’s […]
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