by Chase Beakley On Jan. 12, President Obama gave his final State of the Union address, which he promised would included more ideas for America’s longterm future than policies for his final year in office. However, he did highlight a few efforts that he intends to devote his attention to in 2016 and as […]
New And Noteworthy
Fresh offerings of products and services for the oil and gas set. You Load 60 Tons? What Do You Get? You get this hook. Expanding its line of high-quality, forged rigging hooks, Columbus McKinnon Corporation (NASDAQ:CMCO), a leading designer, manufacturer and marketer of material handling products, now offers high-capacity rigging hooks with capacities ranging […]
Drilling Deeper: Mixed Bag
In this month’s miscellany of articles, “doom and gloom” largely holds sway, chased with the always-bittersweet implications of acquisition news. The Corn-Fed Albatross Called Ethanol In this excerpt from the Jan. 6 edition of The Wall Street Journal, Institute for Policy Intervention’s Dr. Merrill Matthews pointed out that if a presidential candidate opposed to […]
Pit-less in the Permian
Closed-loop drilling fluids systems shrink industry footprint. By Julie Anderson Perhaps it’s time to change the conversation, at least for a bit. There’s no denying the volatility, uncertainty, and gravity of declining oil prices, especially when it results in job loss. With that said, how about taking a look at the landscape in […]
Carefully Consider Options When Facing a Lease Termination Dispute
By Conrad Hester Thompson & Knight LLP With oil dipping below the $30 per barrel mark, the continuing profitability of many oil and gas leases may be in jeopardy. The likely result will be a spike in claims that a lease has terminated due to a failure to produce in paying quantities. Whether a marginal […]
Odessa as Survivor and Thriver
Odessa comes out on top in manufacturing and distribution sectors. ODESSA, TX – As oil prices continue to spiral downward, the shares of at least some oil producers from the Permian Basin rank among the top performing energy stocks in the country, leading several sources to call the West Texas region a “rare glimmer of […]
Seismic Shift
Geophysical companies work to expand opportunities in a challenging economy. By Paul Wiseman Every stratum of the seismic industry is struggling as the explosion of oil and gas production creates low price shock waves for the industry across the globe. The small privately-owned company that interprets and stores data, the publicly-owned geophysical firm and […]
Don’t Train In Vain
Steve Sauceda’s grassroots training coordination services have enabled his Hobbs, N.M., outfit to compete with the big boys. by J. Chase Beakley Steve Sauceda’s voice has a warmth and tempo found only in men who recognize both the importance of their work and their own aptitude for it. As he describes his work as workforce […]
Decision by Railroad Commission’s Porter Sparks Candidate Surge
by Ben Shepperd, President, Permian Basin Petroleum Association Railroad Commission Chairman David Porter has decided not to seek re-election. His decision, days before the candidate filing deadline, set off a scramble and we now have seven Republican and three Democrat candidates. We have developed two candidate forums to meet the candidates. One in Austin and […]
Parting the “Waters”
Texas-based oilfield observers respond to Waters of the United States In recent months, reactions to the Environmental Protection Agency’s latest governmental overreach—into the so-called “Waters of the United States”—has sparked strong pushback from Texas’ energy industry and its related regulatory bodies and political ties. We share here some remarks from various sources. RRC Files […]
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