Veterans Day falls on Nov. 11th. As I pondered how to commemorate this occasion, it occurred to me that one way is simply to tell a veteran’s story. If the desire is to honor veterans in general, then seeing one doing his sacrificial duty for his country is a good way to remind us of […]
Permian People November 2024
The November edition of the hirings, promotions, and other personnel matters in the nation’s biggest oil patch—or in companies who do business here. Denver, Colo.-based SM Energy hired Beth McDonald, former Pioneer Natural Resources executive, as its new Executive Vice President and Chief Operating Officer, effective Sept. 9. McDonald has 23 years of experience […]
Civility in the Workplace
A couple of things come to mind as topics worth discussing this month. One is hiring foreign workers, and the other is the Presidential election. Starting with hiring foreign workers, I was initially grateful that what appeared to be well-educated migrants from Venezuela and Cuba had come to the Permian Basin to find jobs. There […]
CO2 Conference
A huge percentage of horizontal wells are non-commercial in 10-15 years. What do you do next to preserve your asset? Consider CO2 storage, EOR and produced water. When industrial sources capture their CO2 emissions, the emissions and excess water need a place to go. Depleted reservoirs like yours need a future. That’s a perfect marriage: […]
The Human Factor in Oilfield Services
Whatever the powerful machines, the deep holes, or the unfathomably complex technology, the oil patch revolves around its people. For Cudd Energy Services, that means giving their people the tools and training to be efficient, accurate, and safe. For JMR Services, it means helping producers efficiently and safely plug abandoned wells to protect the air, […]
In Praise of the Season
Did we say that the season is deer season? We celebrate this special time of the year with tales both heartwarming and humorous. The month of November is—in Texas at least—marks the beginning of deer season for hunters using firearms (as opposed to bows). It’s the month when deer hunting reaches its heights of attention, […]
Conventional Thinking, Efficiency Mindedness, Record-Breaking Outputs, and the “Value” of Political Prattle
Sentimental? No, not nearly. Exxon got the Pioneer deal done with the worst government requirements ever announced. It is now starting to reorganize its holdings. What that means is the legacy part of Pioneer, the conventional drilling that put them on the map appears to be going away. Exxon announced the pending sale of up […]
Crucial Times for a Crucial Industry
My name is Jeff Sparks and I am your new chairman at the Permian Basin Petroleum Association. I am humbled when I reflect on the truly great leaders the PBPA has had in the past. I will do everything I can to continue the great legacy of the PBPA. I will need to lean on […]
Carbon Capture as an Investment Play
In recent articles I discussed some bullish oil and gas investment ideas in the Permian. Energy though, as you well know, is in a massive transition period. Over the next decade, three things will happen that are not in much doubt anymore. U.S. onshore oil production in the Lower 48 will peak and […]
Life in the Merge Lane
The shale revolution of the previous decade began with mantras of “drill, baby, drill,” interspersed with “spend, baby, spend,” and “buy small, grow fast, sell big, make money!” That didn’t work, as the resulting river of shale oil flooded the market and crashed prices. Only a lucky few made big money on that plan. […]
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