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 […]
The Next Generation
MISD’s Petroleum Academy visits a Diamondback rig north of Midland. The Permian Basin Petroleum Association and the E&P firm Diamondback among those contributing to training the next generation of oilfield hands. by Paul Wiseman The phrase “field trip” may conjure up images of the zoo or the farm. But for enrollees in the […]
Humility, Thy Name Is…
Mack Chase is the recipient of the PBPA’s Top Hand award. Those close to Mack speak out about his life and many accomplishments. by Tony Burke and Lana Cunningham Entrepreneur. Risk taker. Patriarch. Philanthropist. Oilman. Mack C. Chase is many things to many people, and to the PBPA, he is the 2016 recipient of […]
85th Texas Legislature: A Preview
by Julie Anderson The Texas Legislature meets in a regular session every two years, convening on the second Tuesday in January of every odd-numbered year. These biennial sessions are limited to 140 days. The governor can also call additional special sessions as necessary, which cannot exceed 30 days. The 85th Texas Legislature is […]
New And Noteworthy: January 2017
PetroNerds and more. Fresh offerings of products and services for the oil and gas set. Next Generation Drilling Motors Sperry Drilling, a Halliburton (NYSE: HAL) business, announced on Sept. 21, the release of GeoForce Endure and StrataForce Endure motors, the latest additions to the drilling motor product line focused on increasing reliability in […]
Broader Picture: January 2017
O&G news from beyond the Permian’s borders—news that, in some way, touches the Basin. Reports from EIA, GlobalData, and Platts EIA Nov. 16 A recently released report by the U.S. Energy Information Administration finds that planned refinery maintenance is not expected to adversely affect the supply of gasoline, jet fuel, and distillate fuel […]
Drilling Deeper: A Fresh Start in the New Year
With achievements, awards, and mergers filling the energy industry’s broader horizons, it looks like oil and gas may finally be in line for a few breaks. These are the full versions of the articles shown in truncated form in the print version of our January issue. SES Receives Safety Trophy Lubbock-based Standard E&S, LLC, […]
The State of Oil Part 4: Election Implications 2017
Election Implications 2017 The Results You’ve Been Waiting For by Jesse Mullins Might not have any pull quotes this time. There’s not a lot of “mainbar” text, and the sidebar perhaps doesn’t need pull quotes, but if you find that pull quotes work, feel free to grab some from the text and insert them […]
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