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Permian Basin Oil and Gas Magazine

PBOG is the Official Publication of the Permian Basin Petroleum Association and is published monthly by Zachry Publications, LP.

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INET partners with Nokia to bring 5G mobile data service to Permian

January 9, 2020 by PBOG

Houston-based Infrastructure Networks and Finnish cell phone equipment giant Nokia said this week they are partnering to bring fifth generation mobile data services to the Permian Basin and three other industry regions. INET said Tuesday it completed a major expansion of its private LTE network – adding capacity in existing areas, doubling geographic coverage, and […]

Filed Under: PBOG Newsletter

Oilfield Water Logistics acquires wastewater wells, pipelines from EOG

January 9, 2020 by PBOG

Dallas-based Oilfield Water Logistics said this week it acquired 23 saltwater disposal wells and 300 miles of oilfield wastewater gathering pipelines in the Delaware Basin of southeastern New Mexico from “a major Permian Basin oil producer.” The Houston Chronicle reported Wednesday that the seller was Houston-based EOG Resources. OWL’s announcement also said the two parties […]

Filed Under: PBOG Newsletter

Texas ranks first in wind energy production with 27 gigawatts of capacity

January 2, 2020 by PBOG

U.S. Department of Energy said last month Texas is No. 1 for wind energy production with about 27 gigawatts of installed capacity. The nation reached a milestone in 2019 of 100 gigawatts of installed wind energy capacity. (One gigawatt provides power for 700,000 homes.) Producers were expected to add another 7.2 gigawatts of capacity in […]

Filed Under: PBOG Newsletter

IHS Markit says drilling in Permian must accelerate to maintain production

January 2, 2020 by PBOG

A recent report from research firm IHS Markit said drilling in Permian Basin must accelerate to maintain current production volumes. According to the Houston Chronicle, the report said shale wells deplete faster that conventional vertical wells so more drilling is required to maintain higher production. Because drilling activity is declining in Permian Basin – and […]

Filed Under: PBOG Newsletter

Automation technology firm SitePro acquires Integrated Control Solutions

January 2, 2020 by PBOG

Lubbock-based SitePro, oilfield automation technology company, acquired Integrated Control Solutions, according to the Midland Reporter Telegram, to double the number of sites using technology from either company. David Bateman, chairman and co-CEO, said there are now more than 1,000 sites using the SitePro platform. SitePro was active primarily in exploration and production, and Integrated Control […]

Filed Under: PBOG Newsletter

Gradient Energy completes test of equipment for wastewater evaporation

January 2, 2020 by PBOG

Denver-based wastewater company Gradient Energy Services said Dec. 17 it successfully completed a project to test equipment that uses evaporation to reduce volumes of water that need to be injected underground into disposal sites. Kushal Seth, vice president, told the Houston Chronicle the project conducted on behalf of a “super major” in Permian Basin “proved […]

Filed Under: PBOG Newsletter

Permian Basin leads declining rig counts in final week of 2019

January 2, 2020 by PBOG

Permian Basin led the nation in a declining drilling rig count in the final report of 2019 by Houston-based Baker Hughes. As of Dec. 27, there were 405 active oil and gas rigs in Permian Basin (414 previous week, 486 previous year/down 16.7 percent for year), 404 rigs in Texas (418 previous week, 532 previous […]

Filed Under: PBOG Newsletter

Magellan to expand pipeline to west Texas, build terminal in Midland

January 2, 2020 by PBOG

Tulsa-based Magellan Midstream Partners said Dec. 20 it will expand its pipeline transporting gasoline to Abilene and El Paso in west Texas and on to New Mexico, Arizona and Mexico to 175,000 barrels per day from 100,000 b/d. It’s the western leg of Magellan’s refined products pipeline known as the South system. Magellan also is […]

Filed Under: PBOG Newsletter

Primus Green Energy to study gas-to-gasoline plant in Texas

January 2, 2020 by PBOG

Houston-based Primus Green Energy and an unidentified global petrochemical company awarded a contract to Houston-based IHI E&C International Corp. for a front-end engineering and design study for a first-of-its-kind natural gas-to-gasoline plant in Texas. The proposed plant will consume 28 MMcfd of natural gas to produce 2,800 b/d gasoline. Primus said Dec. 11 the plant […]

Filed Under: PBOG Newsletter

Matador to begin drilling in Stateline lease acquired from BLM

January 2, 2020 by PBOG

Dallas-based Matador Resources received 14 drilling permits for its Stateline asset area in southern Eddy County, N.M., from the Bureau of Land Management. Matador said Dec. 17 it now has 24 permits to drill oil and natural gas wells on federal leasehold it acquired from BLM in its New Mexico lease sale in September 2018. […]

Filed Under: PBOG Newsletter

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