by Hanaba Munn Welch By another name, highways are arteries. The truck traffic that flows over them is the lifeblood of the economy, carrying goods and services in every direction. When the big rigs are rolling across America, the economy is rolling too. Trains and planes and barges also carry the stuff of […]
Native Grasses: A Reclamation and Remediation Natural
by Jesse Mullins Permian Basin Oil and Gas Magazine visited with Forrest Smith, Dan L. Duncan Endowed Director of South Texas Natives and Texas Native Seeds, recently to learn about his agency’s pioneering efforts in restoration of damaged or disturbed grounds where wells have been drilled, right-of-ways have been cleared, or other oil-and-gas related […]
Call Kinley
When all other hope was gone, “Call Kinley” was the call that went out. Myron Kinley, the man who taught Red Adair how to fight fires, was an oil well firefighter of considerable repute himself. by Bobby Weaver On May 12, 1978, at Chickasha, Okla., a soft-spoken huskily built man of medium […]
First Quarter Earnings Reports
Financial and operating results for the quarter ended March 31, 2016, for selected Permian Basin-based or Permian Basin-active oil and gas (and related) firms. Azure Midstream Partners Azure Midstream Partners, LP (NYSE: AZUR) announced financial and operating results for the three months ended March 31, 2016. Adjusted EBITDA for the first quarter 2016 […]
Crossroads
New Mexico, reeling from the hard knocks of 2014-2016, takes stock of its current O&G industry and awaits—and readies for—the politics yet to unfold. by Tony Burke The Permian Basin is large. It stretches approximately 200 miles wide and 300 miles longitudinally. The basin rests, substantially, beneath two states. The grand industry […]
Adaptation, Diversification & Hunting
Oilfield service companies come in all shapes and sizes. While competition is most certainly fierce, it may also be fair to say that no two service companies are exactly alike. They are far-ranging in size, in scope, and in their offerings. Separate from active drilling operations, but practically indispensible to the practice of drilling, service […]
The M&A Delay
Thoughts on when and where to look for Big Deals in the Basin. by J. Chase Beakley Common sense would suggest that as the icy fingers of debt grow longer and oil prices continue to drag, mergers and acquisitions cannot be far behind. Larger companies with greater stability should use this opportunity to buy […]
Year-Round Respect
by Julie Anderson Twice each year, our country makes a special point to pause, remember, and thank our soldiers, those who died in service to their country on Memorial Day, and those still among us, on Veterans Day. In recent decades, in the midst of profoundly unsettling events, the honor and respect for veterans and […]
Drilling Deeper: Re-Tooling
In this week’s miscellany of articles, if there’s a common thread, it’s a focus on recapitalizing, stimulating, improving safety, or improving as a communicator; one way or another, many are seeing this time in oil and gas as a time of self-improvement as we look ahead to better times. These are the full versions of […]
May Miscellany
It don’t mean a thing if it ain’t got… good rocks. Four Colorful Figures The famous Four Sixes Ranch in West Texas was founded by a famed rancher, Burk Burnett, who later became a famed oilman (viz., the Burkburnett Oil Boom of the early 20th Century). But before his oil days, Burnett lived the […]
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