In the selective recovery, some spots shine brighter than others—exports being one of them. These are the full versions of the articles shown in abbreviated form in the print version of our April issue. Tight Oil Production Through 2040 EIA’s recently released Annual Energy Outlook 2017 Reference case projects that U.S. tight oil production […]
Texas House Votes to Continue Railroad Commission
H.B. 1818 Passes on PBPA Day at the Capitol by Julie Anderson On March 28, 30-plus members of the Permian Basin Petroleum Association (PBPA) witnessed a “riveting debate on the House floor” over House Bill 1818 (H.B. 1818), reported Stephen M. Robertson, PBPA executive vice president. H.B. 1818, sponsored by Rep. Larry Gonzales, is otherwise […]
“Professional Ethics” with Dr. Christopher C. Mathewson
“Professional Ethics”: An Abstract Ethics and ethical practice has long been defined as “moral behavior” or the “standards of professional practice and morals of a particular profession or organization.” Because the code of ethics is specific to a unique organization, one often finds two professionals acting in what appear to be conflicting situations. Take, for […]
For the Greater Good: Dwayne Taylor
by Paul Wiseman To call Dwayne Taylor’s first business a “mom and pop” operation would have been an exaggeration by two times. Taylor was it, working seven days a week, by himself, and operating a single rig. Between that humble beginning in Hobbs, N.M., in 1986 to helping lead a group of Permian Basin […]
Drilling Deeper: So Much to Sort Out
So Much to Sort Out The year 2017 begins with big deals and big changes, all accompanied by fresh takes on the new doings. These are the full versions of the articles shown in truncated form in the print version of our March issue. Texas to Lead in Production Through 2018 In EIA’s January Short-Term […]
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 […]
Tracking the 2017 New Mexico Legislature
We present, below, our second monthly Q-and-A with Mike Miller, governmental affairs representative for New Mexico for the Permian Basin Petroleum Association. PBOG magazine spoke with Mike on the early activity in the statehouse. PBOG: Last time we talked, it was before the whole session had started, and the biggest point you made was […]
Texas Legislative Session Underway
The 85th Texas Legislature convened on Jan. 10 and is set to adjourn on May 29, 2017. With the Texas House and Senate meeting only six months every two years, thousands of bills are drafted and brought to a vote every legislative session in a very short amount of time. The Permian Basin Petroleum Association […]
Drilling Deeper: What a Difference a Year Makes
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 […]
Humility, Thy Name Is…
Mack Chase is the recipient of the PBPA’s Top Hand award. Those close to Mack speak out about his life and many accomplishments. by Tony Burke and Lana Cunningham Entrepreneur. Risk taker. Patriarch. Philanthropist. Oilman. Mack C. Chase is many things to many people, and to the PBPA, he is the 2016 recipient of […]
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