Dirt Work is the oilfield’s under-appreciated trade, and yet nothing gets done in the Patch until the dirt’s been worked. by Bobby Weaver I’ll never forget the first time I went out on a tanking job. It happened early in the summer of ’55, when we contracted to build a battery of two hi-fives in […]
Outstanding in Their (Oil)Field
We share the following item that was originally published by the Petroleum Museum, the organization that maintains the Petroleum Hall of Fame. The Petroleum Hall of Fame is dedicated to those who cherished the freedom to dare and whose work and service helped build the Permian Basin. The Hall of Fame exists “to honor those […]
Wireline Comes into Its Own
As wireline goes, so goes the O&G industry. Wireline makes a good barometer for what’s happening not just in the service industries sector, but in Basin energy development on the whole. Wireline is a trade that plays a part in exploration as well as in ongoing, down-the-road production, so it rides with the fortunes of […]
Oil Scouts and Landmen: Perceptive, Perspicacious, and Persuasive
Oil scouts and land men have a history that intertwines—and skills sets that have some things in common. by Bobby Weaver The oil and gas industry has always been an extremely competitive field. From its very beginning in Pennsylvania in the 1850s, it was an industry whose practitioners found it necessary to know what the […]
Generational Shift
New money, new blood, new horizons: The next generation of wildcatters gears up for the future. By Paul Wiseman “This rise is like the World War II rise—those guys coming home after World War II. You know, the oil field kind of ramping up for them,” says J.D. Smith. J.D. Smith is the 30-something cofounder […]
Summaries of Key Oil and Gas Legislation
Prepared for Permian Basin Petroleum Association By Benjamin W. Sebree The Sebree Law Firm PLLC May 29, 2017 SIGNIFICANT LEGISLATION OF THE SESSION I. RAILROAD COMMISSION OF TEXAS HB 1818 House Author: Gonzales, Larry Senate Sponsor: Taylor, Van Relating to the continuation and functions of the Railroad Commission of Texas. Railroad Commission of Texas Sunset […]
Charting Upwards
Four months into the new Administration, oil and gas—especially Permian Basin oil and gas—are seeing a buildout of infrastructure and a buildup of production and capacity. Read on for coverage of this topic and others in this roundup of recent Basin activity. Xcel Begins Transmission Line Construction crews have started work in southeast New […]
Drilling Deeper: Changing Economics
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 […]
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