Prepared for Permian Basin Petroleum Association By Benjamin W. Sebree The Sebree Law Firm PLLC May 29, 2017 SIGNIFICANT LEGISLATION OF THE SESSION I. RAILROAD COMMISSION OF TEXAS HB 1818 House Author: Gonzales, Larry Senate Sponsor: Taylor, Van Relating to the continuation and functions of the Railroad Commission of Texas. Railroad Commission of Texas Sunset […]
Texas House Votes to Continue Railroad Commission
H.B. 1818 Passes on PBPA Day at the Capitol by Julie Anderson On March 28, 30-plus members of the Permian Basin Petroleum Association (PBPA) witnessed a “riveting debate on the House floor” over House Bill 1818 (H.B. 1818), reported Stephen M. Robertson, PBPA executive vice president. H.B. 1818, sponsored by Rep. Larry Gonzales, is otherwise […]
For the Greater Good: Dwayne Taylor
by Paul Wiseman To call Dwayne Taylor’s first business a “mom and pop” operation would have been an exaggeration by two times. Taylor was it, working seven days a week, by himself, and operating a single rig. Between that humble beginning in Hobbs, N.M., in 1986 to helping lead a group of Permian Basin […]
Texas Legislative Session Underway
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 […]
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 […]
What Goes Down Must Come Up – State of Oil Part 3
We continue our coverage of the views of two highly respected industry observers as they comment on the recovery of 2017—a recovery that, if not “officially” in the works, is bound to unfold. by Jesse Mullins James Wicklund was speaking to the membership of the Permian Basin Petroleum Association, and Wicklund, who […]
Earnings Reports: December 2016
Another Lost Quarter, But We Think We Know Where To Find It Financial and operating results for the quarter ended Sept. 30, 2016. The third quarter featured, once again, mostly declines. Aside from the quarter, all is not lost, and judging by the minor improvements made by many companies, most may find themselves a bit […]
New And Noteworthy: December 2016
Fresh offerings of products and services for the oil and gas set. Next-Generation Acoustic Analysis Service Halliburton announced on Sept. 20 the release of the Acoustic Conformance Xaminer service (ACX), a technology to help operators identify and pinpoint costly wellbore leaks by analyzing sound waves that describe flow patterns in the formation and […]
The Broader Picture: October 2016
August Energy Reports from EIA and Platts: O&G news from beyond the Permian’s borders—news that, in some way, touches the Basin. EIA Aug. 31 The U.S. Energy Information Administration’s new Petroleum Supply Monthly report, which was released on Wednesday, Aug. 31, shows that U.S. gasoline consumption in June reached an all-time high for any month at […]
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