The oilfield equipment rental industry finds opportunities and competition abound in thriving times. Photos and Story by Paul Wiseman, special contributor As the rust belt continues to jettison inhabitants, hurling them at high speed toward the deep flowing wells of the Permian Basin, many newcomers in the service industry land at the corner of Opportunity […]
Going With the Flow
Fluid management grows through fracturing and horizontal drilling. By M.D. Wiseman Fluid management is one of the fastest-growing aspects of the oil industry in North America. Driven by the growth of fracturing and horizontal drilling techniques, both of which rely heavily on oilfield fluids, demand for fluid services has grown rapidly over the last decade. […]
To Beat the HEAT
With blisteringly hot days being the summertime norm, the oilfield–a place where technology is king–needed technology to cope with triple-digit temperatures. And it is getting it. By Al Pickett, special contributor The thermometer is topping 100 degrees and it seems even hotter working on a drilling rig in the hot West Texas sun. In other […]
A Bang-Up Event
For full coverage of the PBPA Clay Shoot and Pit Challenge, view our digital edition by clicking here. In the meantime, here are a few images from the event.
Manufacturing: The Permian’s Quiet Explosion
Gauges, tanks, and rods: these are just a few of the region’s made-in-the-U.S.A. goods that are keeping the Permian Basin’s energy sector humming. By Lana Cunningham Record numbers in rig count, houses sold, building permits issued, and civilian labor force. All these statistics reflect a booming economy in West Texas pumped up by the petroleum […]
Temporary Housing: Taking the Long View
Workforce housing now consists of more than just a Home on the Range. Throughout history, mineral plays have brought floods of people to remote areas that lacked sufficient resources and infrastructure to house, clothe, and feed such hordes. We’re not told how King Solomon housed the workers at his mines at Ophir, but we know […]
New Mexico: Land of Enchanting Opportunities
By Al Pickett, special contributor Like their Texas neighbors, oil and gas producers in New Mexico feel the inevitable pressures that accompany a boom economy. Things are “still a gamble,” as one NM source says. But the state’s Permian region is producing more crude than ever. Mike Miller said he was in Hobbs, N.M., recently […]
A Brightening Picture For Gas
With prices up, Basin natural gas production sees new life. By Paul Wiseman, special contributor Discussing natural gas in the Permian Basin is somewhat like talking about Pippa Middleton—a lovely idea but not really the main attraction. The three Texas Railroad Commission districts that primarily identify the Basin—7C, 08 and 8A—accounted for 441.1 thousand MCF […]
Elevated Perspective
Steve Pruett and his well-placed partners have put together one of the biggest new E&P outfits to hit the Permian in several years. By Al Pickett, special contributor The most important factor in securing equity funding for a start-up energy company is people, according to Steve Pruett. “It is a marriage of people, experience, a […]
Making a Statement: Midland’s Energy Tower
It already has its own Wikipedia page, for goodness sakes. If all plans are put in motion, the latest Big Thing to hit the Permian Basin will be the 58-story Energy Tower now slated for downtown Midland. Midland-based developer Energy Related Properties will build its high rise in the heart of downtown Midland, offering more […]
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