Where we share some O&G news from beyond the Permian’s borders—news that, in some way, touches the Basin. Energy Information Administration (EIA) May 23 The United States remained the world’s top producer of petroleum and natural gas hydrocarbons in 2015, according to U.S. Energy Information Administration estimates. U.S. petroleum and natural gas production first […]
The Fundamentals (and then some) of Formation Testing
Back to the Basics The Fundamentals (and then some) of Formation Testing By Julie Anderson In times of frustration, coaches are famous for quoting the fundamentals: play your position, pace yourself, wait for your pitch, keep your eye on the ball, watch your form, save your energy. Play, form, energy—when it comes to […]
Native Grasses: A Reclamation and Remediation Natural
by Jesse Mullins Permian Basin Oil and Gas Magazine visited with Forrest Smith, Dan L. Duncan Endowed Director of South Texas Natives and Texas Native Seeds, recently to learn about his agency’s pioneering efforts in restoration of damaged or disturbed grounds where wells have been drilled, right-of-ways have been cleared, or other oil-and-gas related […]
First Quarter Earnings Reports
Financial and operating results for the quarter ended March 31, 2016, for selected Permian Basin-based or Permian Basin-active oil and gas (and related) firms. Azure Midstream Partners Azure Midstream Partners, LP (NYSE: AZUR) announced financial and operating results for the three months ended March 31, 2016. Adjusted EBITDA for the first quarter 2016 […]
The Death of HalliBaker:
DOJ Lawsuit Blocks the Merger of Halliburton and Baker Hughes Chase Beakley The Halliburton and Baker Hughes Merger: An Autopsy Report On May 1, Halliburton and Baker Hughes announced that they were finally prepared to take their long suffering merger attempt behind the shed and put it out of its misery. The deal had […]
New And Noteworthy
Fresh offerings of products and services for the oil and gas set. Push-In Foam Earplug Honeywell (NYSE:HON), on Apr. 6, announced the Howard Leight TrustFit Pod push-in foam earplug that provides workers with properly fitting ear plugs to protect against noise-induced hearing loss (NIHL). Research shows that half of all industrial workers experience […]
Broadened Horizons: WTI Crude’s Comeuppance
Observers expound on what the recent lifting of the crude oil export ban could mean to the U.S. energy climate. Julie Anderson On Dec. 18, 2015, the United States of America lifted a 40-year-old ban on exporting crude oil, put in place in 1975 in response to the Arab oil embargo. While the […]
Drilling Deeper: Relax And Get Yourself Right
When times get tough, sometimes you just can’t help but roll with the changes. If only those pesky regulatory bodies would relax with you… These are the full versions of the “Drilling Deeper” news items that appeared as abbreviated versions in the print edition of PBOG’s June 2016 issue. Hess is Oil’s Best “Corporate […]
The Broader Picture: June 2016
Where we share some O&G news from beyond the Permian’s borders—news that, in some way, touches the Basin. EIA Apr. 25 Above-normal temperatures during the 2015-16 winter were a key factor in lowering heating demand and winter fuel expenditures. Compared with the 2014-15 winter, propane and heating oil demand decreased by 16 percent and […]
The Broader Picture: Reports from EIA, PIRA, and Platts
Where we share some O&G news from beyond the Permian’s borders—news that, in some way, touches the Basin. EIA Feb. 25 Despite lower crude oil prices, EIA expects Canadian oil production to continue increasing through 2017. Canadian oil sands projects that were already under construction when prices began to fall in 2014 and that […]