by Jesse Mullins Heavy regulation is hard enough on an oil and gas operator, but the hampering effect felt by smaller operators in West Texas and New Mexico is especially onerous. Kendrick Oil and Gas Company president Phil Kendrick, Jr., had plenty to add in this vein. (See other remarks by Kendrick in our […]
Legislative Sessions
With the start of a new year, elected officials in Texas and New Mexico can begin digging into legislative issues instead of election infighting. Unlike previous years when the energy industry came under fire in both states concerning regulations or the commission that regulates its activities, 2013 is a year when experts are predicting relatively […]
The Cline Beckons
Those living on the far eastern side of the Permian Basin have watched with interest as activity has surged in recent years with the development of the vertical, multi-zone Wolfberry play in the heart of the Basin. With the Midland-Odessa area enjoying remarkable growth, cities on the eastern shelf of the Permian Basin, such as […]
Join Us in Midland: 3rd Annual Burmass Tools of the Trade Exposition
Burmass Tools Of The Trade Conference & Exposition Registration is open for the 3rd Annual Burmass Tools of the Trade. Click Here to Pre-Register to Attend – Free Admission Now Through January 31st, 2013 — ($10.00 After) Register as an Exhibitor Click Here View our Sponsorship Opportunities Click Here February 28 – March 1, 2013 […]
PBIOS 2012: As Good As Advertised
[portfolio_slideshow] Some 700 companies hosted more than 1,000 exhibits in what has been described as one of the most impressive and well-attended Permian Basin International Oil Shows on record. Attendees saw some of the most up-to-the-minute technology displayed at booth after booth. Advances in directional drilling, hydraulic fracturing, software, communications, and automation dominated much […]
News Reviews
Plains All-America Pipeline has completed or is completing several new pipeline projects in the Permian Basin designed to help producers in midstream operations. The pipelines serve the Bone Spring, Spraberry, and Wolfberry areas in nine counties at a cost to build of $135 million. “These projects provide additional pipeline gathering capacity in areas with significant […]
News Reviews
Offshore operator reports show that personnel were evacuated from 21 production platforms (3.5 percent of the manned platforms in the Gulf) and 2 rigs (2.6 percent) during Hurricane Isaac in late August, according to the Oil and Gas Journal. About 1.3 million b/d of production was offline at the height of the storm. The Journal […]
Outside the Box: PBIOS Celebrates an Innovator
The Permian Basin International Oil Show, slated for Oct. 16-18, will celebrate an innovative and independent-minded thinker, Charles Perry, as its industry honoree. Three times during our interview, Charles R. Perry’s cell phone rang. Each time, it was someone with a technical question about Perry’s gas processors. “My title is chairman emeritus,” Perry quipped, “but […]
News Reviews
George P. Mitchell, who in the 1990s as the wildcatting boss of Mitchell Energy and Development pioneered hydraulic fracturing, favors more government regulation of fracking. “The administration is trying to tighten controls,” he told Forbes. “I think it’s a good idea. They should have very strict controls. The Department of Energy should do it.” Mitchell […]
News Reviews
Across the United States, there’s “a growing understanding of how to use the technology to get at the resources.” Domestic crude oil production in the U.S. averaged more than six million bbl/d for the first quarter of 2012 for the first time since 1998. The U.S. Energy Information Administration attributed the milestone to growth of […]