In the second half of 2025, West Texas Intermediate (WTI) is expected to average around $66 per barrel, reflecting elevated geopolitical risk premiums—particularly due to tensions in the Middle East—while tempered by ample global supply growth. The U.S. Energy Information Administration (EIA) raised its mid-year forecast accordingly and now expects WTI to gradually decline to […]
What the Fourth Means
Click here to listen to the Audio verison of this story! With the Fourth of July almost upon us, I’d like to share something about the spirit of the signers of the Declaration of Independence. That spirit was what gave us the great nation we have inherited. And without that spirit, it is unlikely […]
One Hundred Octopi and Counting: Lessons in Online Solids Management
How the development, validation, and large-scale deployment of online solids management systems is saving operators money by releasing flowback equipment sooner, minimizing equipment damage due to solids carry-over, and reducing the need for shutdowns and confined space entry cleanout operations. Pounding Sand Oil and gas wells seldom produce a nice clean stream of hydrocarbons. A […]
Down to the Wire
With only a few dozen hours remaining in the regular session, Texas lawmakers have sealed the fate of thousands of bills and are now focused on reconciling House and Senate versions of passed legislation. The Texas Legislature meets in a regular session every two years, convening on the second Tuesday in January of every odd-numbered […]
Eighty-Ninth Texas Legislature: One Month Countdown
With the session’s signature issue—school vouchers—seemingly settled, lawmakers have turned their attention to deadlines and their domino effects, including a coveted spot on the intent calendar, required for a bill to make it to the chamber floors. The 89th Regular Session convened on Jan. 14. Upcoming deadlines include: May 12:House bill first reading deadline. May […]
Legislative Update: New Mexico Legislature Adjourns; Texas Set to Pick Up the Pace
by Julie Anderson The closing hours of the 57th Session of the New Mexico Legislature found oil and gas advocates engaging in an intense effort to protect the industry from proposals that would have increased regulations and costs for operators, many with little to no benefit to the people or environment of New Mexico, let […]
Legislative Update March 2025
With Committees Established, Texas Session Set to Pick Up the Pace The 89th Session of the Texas Legislature features 30 House committees and 16 Senate committees. On Feb. 13, day 31 of the 140-day regular session, Texas House Speaker Dustin Burrows announced his committee assignments. “There is no small role in the committee process, as […]
Legislative Update 2025
89th Texas Legislature, Jan. 14-June 2 57th New Mexico Legislature, Jan. 21-March 22 With the endgame of a balanced budget in mind, Texas and New Mexico lawmakers begin each session with a revenue forecast. Lone Star State On Jan. 13, Texas Comptroller Glenn Hegar released a Biennial Revenue Estimate of $194.6 billion to spend […]
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, […]
PBPA Annual Meeting in Pictures
MIDLAND, TEXAS—A day of speakers, panels, and networking filled this full-day session of the Permian Basin Petroleum Association’s Annual meeting, held Sept. 12 in this oil capital of West Texas. On the night previous, locals and early arrivals to the event gathered at the Petroleum Museum for a lavish welcome reception. We share here a […]
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