The way business is done in the Basin is changing fast, and many are saying that it’s a game for ever-bigger entities, but these three operators say that smaller can still be better—and they explain how and why that works for them. by Hanaba Munn Welch All it takes is a lease. The Permian […]
Drilling Deeper: Changing Economics
In the selective recovery, some spots shine brighter than others—exports being one of them. These are the full versions of the articles shown in abbreviated form in the print version of our April issue. Tight Oil Production Through 2040 EIA’s recently released Annual Energy Outlook 2017 Reference case projects that U.S. tight oil production […]
Boom First, Borough Later
The journey from boom towns to urbanization has not been a straight-line progression for oil country, but it’s been a progression nonetheless, and one that has brought with it an ever-finer standard of life. by Bobby Weaver The residents of Texas oil towns are proud of the accomplishments and contributions of their respective communities, […]
Explaining the World
Thoughts on booms, busts, cycles, “MPG,” China, India, and the Next Big Thing. “If you can explain oil, you can explain the world.” So began Garrett Golding, vice president of the Rapidan Group, in his luncheon keynote address before the membership of the Permian Basin Petroleum Association on Feb. 22. Speaking in the banquet hall […]
Texas House Votes to Continue Railroad Commission
H.B. 1818 Passes on PBPA Day at the Capitol by Julie Anderson On March 28, 30-plus members of the Permian Basin Petroleum Association (PBPA) witnessed a “riveting debate on the House floor” over House Bill 1818 (H.B. 1818), reported Stephen M. Robertson, PBPA executive vice president. H.B. 1818, sponsored by Rep. Larry Gonzales, is otherwise […]
“Professional Ethics” with Dr. Christopher C. Mathewson
“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 […]
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