As Analysts Note Impressive Peak, Locals Confirm Industry Uptick. The day after Christmas 2017, IHS Markit, an economic analytics firm based in the United Kingdom, issued a press release referencing the Permian as a “super basin.” In fact, the headline and first few paragraphs made one think Christmas would last well into the […]
IIoT Meets O&G
Can technology make $20 oil profitable? Technology-based improvements in time efficiency have already made oil production at least sustainable at $50 per barrel. Could further improvements drop the break-even level to even lower prices? Firms who are leaping forward to fully embrace oilfield technology—both providers and end-users—point out that the “old ways” of doing […]
He Made a Hand
Tenets to Live By By Julie Anderson No doubt S. Javaid Anwar could lead a seminar on achieving success in the petroleum industry. However, the owner and president of Midland Energy, Inc., could also teach a class on “the tenets of success” or “habits to live by,” the kind of course you would want your […]
Oil Patch Tales: Bait and Switch
by Bobby Weaver Some people, usually of the male gender, just plain like to fight. That is especially true of oil field hands. Now myself, I never was much of a hand at fisticuffs. For one thing I was a tad small for the activity and besides my threshold for pain was always […]
Back In The Day: Telling a Story
Telling a Story The fine photography collected, as well as (often) shot, by oilfield photographer Mitch Mayborn in middle-to-later 20th Century, working for Drilling Magazine, holds up as documentary imagery of that day, and as a nice primer to the various components of the patch.
HRIQ: Oil and Gas Technology and Labor
by Bill Price Technology has dramatically changed the oil and gas industry in the last decade. We know the effect of enhanced oil extraction on production but this was only possible through the introduction of sophisticated technology. The energy industry has become less labor intensive, as is true of most industries. The industry has experienced […]
Company Town
There are stories aplenty of “company towns” built by oil companies in oil’s early 20th century heyday, but no company town fit the mold better than a Basin town, Texon, that endured for generations. by Bobby Weaver Back in 1955 Tennessee Ernie Ford had a hit song entitled “Sixteen Tons” concerning the travails of a […]
HRIQ: Child Labor – Is It Okay?
by Bill Price It might seem surprising to see a headline calling attention to a discussion of child labor, and child labor laws—that whole topic seeming like something right out of the 19th century. But child labor is still a topic of discussion, even today, and knowing about it, and about its governance, is […]
Fifty Years
Diversification by industry and geography has fueled Saulsbury’s expansion through its first half-century, and equips the firm for its foray into the next. By Paul Wiseman The oil and gas business isn’t actually like a roller coaster, though many have made that comparison. On a real roller coaster, you see the dramatic rises and […]
The Well That Launched the Permian
Santa Rita #1 was the discovery well that opened what would prove to be the biggest oilfield in America, and what might someday become the biggest in the world. Its story is one that epitomizes what the oilfield is all about. by Bobby Weaver It has been almost one hundred years since the Santa […]
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