Where we share some O&G news from beyond the Permian’s borders—news that, in some way, touches the Basin. Energy Information Administration (EIA) May 23 The United States remained the world’s top producer of petroleum and natural gas hydrocarbons in 2015, according to U.S. Energy Information Administration estimates. U.S. petroleum and natural gas production first […]
The Fundamentals (and then some) of Formation Testing
Back to the Basics The Fundamentals (and then some) of Formation Testing By Julie Anderson In times of frustration, coaches are famous for quoting the fundamentals: play your position, pace yourself, wait for your pitch, keep your eye on the ball, watch your form, save your energy. Play, form, energy—when it comes to […]
The Hands-Off Approach
by Paul Wiseman The integration of man and machine has fired the imaginations of science fiction writers for over a century, promoting both wonder and fear. Now, automation is changing the landscape of the oilfield, allowing the click of a mouse or a thumb on a touchscreen to start or stop pumps, sort data, […]
Native Grasses: A Reclamation and Remediation Natural
by Jesse Mullins Permian Basin Oil and Gas Magazine visited with Forrest Smith, Dan L. Duncan Endowed Director of South Texas Natives and Texas Native Seeds, recently to learn about his agency’s pioneering efforts in restoration of damaged or disturbed grounds where wells have been drilled, right-of-ways have been cleared, or other oil-and-gas related […]
Call Kinley
When all other hope was gone, “Call Kinley” was the call that went out. Myron Kinley, the man who taught Red Adair how to fight fires, was an oil well firefighter of considerable repute himself. by Bobby Weaver On May 12, 1978, at Chickasha, Okla., a soft-spoken huskily built man of medium […]
First Quarter Earnings Reports
Financial and operating results for the quarter ended March 31, 2016, for selected Permian Basin-based or Permian Basin-active oil and gas (and related) firms. Azure Midstream Partners Azure Midstream Partners, LP (NYSE: AZUR) announced financial and operating results for the three months ended March 31, 2016. Adjusted EBITDA for the first quarter 2016 […]
Coping with Crisis
By Paul Wiseman There are many degrees of outsourcing, from using a service to vet and hire employees for the end user, to sending all work for a department such as Human Resources to another company. Some of those are doing better than others in this economy. Companies who handle the outsourcing of HR […]
The Death of HalliBaker:
DOJ Lawsuit Blocks the Merger of Halliburton and Baker Hughes Chase Beakley The Halliburton and Baker Hughes Merger: An Autopsy Report On May 1, Halliburton and Baker Hughes announced that they were finally prepared to take their long suffering merger attempt behind the shed and put it out of its misery. The deal had […]
New And Noteworthy
Fresh offerings of products and services for the oil and gas set. Push-In Foam Earplug Honeywell (NYSE:HON), on Apr. 6, announced the Howard Leight TrustFit Pod push-in foam earplug that provides workers with properly fitting ear plugs to protect against noise-induced hearing loss (NIHL). Research shows that half of all industrial workers experience […]
Broadened Horizons: WTI Crude’s Comeuppance
Observers expound on what the recent lifting of the crude oil export ban could mean to the U.S. energy climate. Julie Anderson On Dec. 18, 2015, the United States of America lifted a 40-year-old ban on exporting crude oil, put in place in 1975 in response to the Arab oil embargo. While the […]
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