The discussion that follows was the luncheon presentation at the Sept. 23 meeting of the membership of the Permian Basin Petroleum Association, held at the Midland Country Club, in Midland, Texas. The proceedings were taped and this is an edited transcript of that event. PBPA President Ben Shepperd: We’re going to hear a conversation […]
From Fresnos to Caterpillars
Dirt Work is the oilfield’s under-appreciated trade, and yet nothing gets done in the Patch until the dirt’s been worked. by Bobby Weaver I’ll never forget the first time I went out on a tanking job. It happened early in the summer of ’55, when we contracted to build a battery of two hi-fives in […]
Workers’ Compensation Insurance
Workers’ compensation is a state-regulated insurance program that helps people with work-related injuries and illnesses. Employees covered by workers’ compensation insurance (a.k.a. workers comp) get medical care necessary to treat their injuries and illnesses. Depending on the type and severity of the injury, workers’ compensation may also provide: payments to replace some of an injured […]
Outstanding in Their (Oil)Field
We share the following item that was originally published by the Petroleum Museum, the organization that maintains the Petroleum Hall of Fame. The Petroleum Hall of Fame is dedicated to those who cherished the freedom to dare and whose work and service helped build the Permian Basin. The Hall of Fame exists “to honor those […]
Wireline Comes into Its Own
As wireline goes, so goes the O&G industry. Wireline makes a good barometer for what’s happening not just in the service industries sector, but in Basin energy development on the whole. Wireline is a trade that plays a part in exploration as well as in ongoing, down-the-road production, so it rides with the fortunes of […]
Oil Scouts and Landmen: Perceptive, Perspicacious, and Persuasive
Oil scouts and land men have a history that intertwines—and skills sets that have some things in common. by Bobby Weaver The oil and gas industry has always been an extremely competitive field. From its very beginning in Pennsylvania in the 1850s, it was an industry whose practitioners found it necessary to know what the […]
Generational Shift
New money, new blood, new horizons: The next generation of wildcatters gears up for the future. By Paul Wiseman “This rise is like the World War II rise—those guys coming home after World War II. You know, the oil field kind of ramping up for them,” says J.D. Smith. J.D. Smith is the 30-something cofounder […]
Holding Stuff Together
Welding transformed the oil and gas industry. Electric arc welding and oxy-acetylene have been tools for shaping a world. by Bobby Weaver Welding is one of those trades necessary for the operation of today’s petroleum industry. It is hard to imagine almost any type of oilfield equipment that does not involve welding in one […]
The Life Cycle of a Play
Evolving economics drive the life cycle of an oil and gas play. By Paul Wiseman In the wild west days of the oil patch’s infancy, gritty men in jeans and overalls prowled the prairies armed with dreams, a bit of geology, and some kind of luck. The opportunities were as varied and wide as those […]
Summaries of Key Oil and Gas Legislation
Prepared for Permian Basin Petroleum Association By Benjamin W. Sebree The Sebree Law Firm PLLC May 29, 2017 SIGNIFICANT LEGISLATION OF THE SESSION I. RAILROAD COMMISSION OF TEXAS HB 1818 House Author: Gonzales, Larry Senate Sponsor: Taylor, Van Relating to the continuation and functions of the Railroad Commission of Texas. Railroad Commission of Texas Sunset […]
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