Hirings, promotions, and other personnel matters in the nation’s biggest oil patch—or in companies who do business here. Craig Morford, Vice President, General Counsel, and Secretary for Exxon Mobil Corporation, an oil and energy company, retired on July 1. The Board of Directors elected Jeff Taylor to succeed him. “Craig has been a valued […]
The Dallas Fed’s Outlook, Opinions in Madrid, a new Exchange, and a Good Steak Joint Gone
The journal entries below are excerpted from recent installments of James Wicklund’s “Things I Learned…” newsletter. Perspective. The Dallas Federal Reserve Bank issued their 2nd quarter review of the oil and gas industry. Production was little changed; costs rose faster for OFS and still rose but more slowly for E&P. OFS utilization improved but margins were […]
Water Y’all Talking About?
Closely watched litigation regarding the definition and ownership of water has percolated up to the Texas Supreme Court. Interestingly, Cactus Water Services, LLC v. COG Operating, LLC[i] has received amicus curiae briefs from associations across the state representing farmers, ranchers, land, and mineral owners requesting the Court to uphold one of the fundamental foundations of […]
The Permian’s Future is Electric
AI has been at the forefront of daily investment news the past year. Nvidia this, OpenAI that. More recently, the power needs of AI have been getting column space and breathy podcast time too. Globally, AI power demand needs have been putting pressure on utilities and governments to come up with more energy production. In […]
Lateral Moves
Longer laterals, faster completion times, and tightening budgets have pushed downhole tools to their limits in the last five years. Innovators at service companies like Neo Oil Tools, NOV, and Baker Hughes are also pushing the research envelope to adapt their equipment and procedures to the demands of today’s oilfield. In every case they’re finding […]
The Luck of a Safety Guy!
Some of the most commonly heard phrases in the oilfield when describing accidents are references to some sort of luck. Luck is defined as success or failure, apparently brought by chance rather than through one’s own actions. Regardless, whether it is good luck or bad luck (or, as some claim, it may be “no luck […]
Automation Embraces Electrification
The oil and gas industry follows a trajectory that mirrors the progression of the world. There has been the pursuit of prosperity, certainly. But apart from that, the pursuit of information has in itself come to carry great significance and the accumulation of information brings with it power. As the oil and gas industry has […]
Winning or at Least Not Losing Unemployment Claims
I often harp about hiring the right person the first time. To start this month’s topic, here is a big surprise: there are several folks in the Permian Basin who are so skilled at using AI to write about themselves that I want to shout, Stop the BS! People looking for jobs are great at […]
Bit by Bitcoin
Sometimes at the convergence of two problems there is a solution. The fact that Permian oil wells are getting gassier (setting new production records regularly) and straining gas takeaway capacity is one—and issues with massive grid demands of bitcoin mining and data processing is the other. Increasingly, producers are seeking alternative markets for gas, and […]
A Question of Fixed Versus Floating Interest
The Texas Supreme Court recently requested full briefing in a petition for review from the Eighth Court of Appeals in El Paso, titled Clifton, et al. v. Johnson, et al. The petition for review requests that the Supreme Court reverse the appellate court’s judgment and render judgment for the Appellants. The issue at hand involves […]
- « Previous Page
- 1
- …
- 7
- 8
- 9
- 10
- 11
- …
- 97
- Next Page »