Such is the story nearly everywhere we look. These are the full versions of the articles shown in truncated form in the print version of our February issue. EIA: U.S. Proved Reserves in 2015 Declined Due to Lower Prices U.S. crude oil proved reserves declined 4.7 billion barrels (11.8 percent) from their year-end 2014 levels […]
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 […]
Broader Picture: January 2017
O&G news from beyond the Permian’s borders—news that, in some way, touches the Basin. Reports from EIA, GlobalData, and Platts EIA Nov. 16 A recently released report by the U.S. Energy Information Administration finds that planned refinery maintenance is not expected to adversely affect the supply of gasoline, jet fuel, and distillate fuel […]
The 2017 New Mexico Legislature
We present, below, our Q-and-A with Mike Miller, governmental affairs representative for New Mexico for the Permian Basin Petroleum Association. PBOG magazine spoke with Mike this month on the early activity in the statehouse. PBOG: Mike, what are the issues now and what do you see happening this year? Miller: There’s one big issue, and […]
Turning to the Right
In many ways, the story of drilling is the story of the drill bit. As that device has changed, so has the entire enterprise of making hole. by Bobby Weaver In today’s world the speed and efficiency of drilling oil wells has reached a level undreamed of by early day oilmen. The evolution […]
Drilling Deeper: Going Inside the Machine, and More
Recent activities in the patch reveal an industry that never stops looking for answers. Blackeagle Completes Grand Mesa Blackeagle Energy Services, a leader in the utility and energy industries, announced Oct. 26 that its construction work on the origin stations for the Grand Mesa Pipeline project for NGL Energy Partners was on track […]
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: December 2016
October’s Energy Reports from EIA and Platts: O&G news from beyond the Permian’s borders—news that, in some way, touches the Basin. Oct. 25 Global offshore oil production in 2015 was at the highest level since 2010, and accounted for nearly 30 percent of total global crude oil production. Offshore oil production increased in […]
Drilling Deeper: Spinning the Wheels
With a flurry of activity, both friendly and less-so, Basin operations are slowly but increasingly beginning to resemble the booming Basin we are used to. Energy is Priority for American Voters API President and CEO Jack Gerard highlighted the importance of American energy ahead of the first presidential debate. Gerard’s full remarks, as prepared […]
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