Maximize limited data to gain valuable insights and reduce uncertainty As the industry has moved into more intensive development with substantial capital outlays in a difficult price scenario, it’s more important than ever that we drill the best wells on the best acreage and get it right the first time. Having confidence in your reservoir-scale […]
The A.I. Factor
Science fiction abounds with stories of robot or computer takeovers, from 2001 A Space Odyssey’s HAL 9000 to Dr. Who’s Cyber Men—along with the flip side, the original Star Trek’s “Spock’s Brain” episode where the bad guys hooked Spock’s brain up to the system that controlled their civilization’s air conditioning and other processes. Whether any […]
87th Legislature Adjourns Sine Die
While COVID-19 cast a shadow over the opening of the 87th Texas Legislature, the dramatics of the closing days thrust Texas into the national spotlight with Gov. Greg Abbott vowing to veto the section of the state budget that funds the legislative branch after the voting restrictions bill failed to pass. Senate Bill 7, a […]
State of Play: Where Are We Going?
We share below the full transcript of James Wicklund’s talk given at the April 1 membership luncheon of the Permian Basin Petroleum Association, held at the Midland Petroleum Club. We apologize that in a few spots there was a word or phrase that we were unable to transcribe, and if you will check back in […]
87th Texas Legislature: Capitol Update
During the 2021 Texas Legislative Session, representatives and senators are required by law to pass a balanced budget and address redistricting, the decennial redrawing of maps for the state’s congressional, legislative, and State Board of Education boundaries. The pandemic delayed the release of the updated U.S. Census, meaning redistricting will most likely be handled in […]
New Mexico Legislature Adjourns, Texas Lawmakers Pick up the Pace
New Mexico Legislature Adjourns, Texas Lawmakers Pick up the Pace The first session of New Mexico’s 55th Legislature has adjourned. “What a session it was!” shared Stephen M. Robertson, executive vice president of the Permian Basin Petroleum Association (PBPA). All committees and floor sessions were held virtually. Testifying in committee was made difficult with varying […]
Capitol Update: 87th Texas Legislature
While COVID cast the first shadow over the 2021 legislative session, the polar vortex that iced the Lone Star State Feb. 13-17 cast yet another, with both continuing to delay regular proceedings. On Feb. 12, Gov. Abbott issued a disaster declaration in all 254 counties in response to the frigid winter storm that left millions […]
Capitol Update: 87th Texas Legislature
Texas lawmakers convened in Austin Jan. 12, launching a historic session overshadowed by a pandemic and its cascading domino effect. “Getting down to business” took on a whole new meaning, with legislators and leaders examining everything from basic meeting guidelines to complex budgetary needs through a COVID-shaped lens. The Coronavirus topped the initial agenda with […]
The AI Factor
AI as a concept is way past its sweet sixteen, but only in recent years has it become confident enough to learn to drive. Sooner than later it will be fully licensed and out on the streets. It’s the same in the Oil Patch, say experts. Companies are relying on AI for more and more […]
State of the Energy Markets and the Permian Basin
A keynote address by Bobby Tudor, chairman, Tudor, Pickering, Holt, and Company What follows below is the text (with slides) of Bobby Tudor’s keynote address to the Permian Basin Petroleum Association membership in its virtual (online) Annual Meeting held on Oct. 1, 2020. This transcript is presented minus a minute or so of his opening […]
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