PBPA Matters Hearts and Minds MIDLAND, TEXAS—The membership of the Permian Basin Petroleum Association (PBPA) convened at the Petroleum Club in this city on March 22 for its monthly luncheon, where attendees heard keynote speaker Alex Epstein deliver remarks about “the moral case for fossil fuels.” The talk, which is shared below in […]
Band of Brothers: Top Hand Winners
The Basin’s best family foursome finally gets the recognition they deserve. MIDLAND, TEXAS—This year’s year’s Top Hand Award Banquet honoring the Beal Brothers of BTA Oil Producers fetched hundreds of PBPA members and other individuals representative of Basin energy interests to celebrate the career of four extraordinary man. For our full feature profile of these […]
Machine Learning—a New Frontier in I.T.
By Paul Wiseman It seemed like a great idea at first. There’s all this data being aggregated from thousands of wells—why doesn’t someone set up some parameters for pumps, tanks, pipelines, and anything else that can exude data—then computers can send alarms to alert managers and field personnel any time there’s a problem! Very […]
Lighter Than Air: A History of the Helium Industry in the Permian
by Bobby Weaver The oil and gas industry produces many products ranging from fuel to plastics, but few are aware that the extraction of rare gases are an important, albeit a small, part of that activity. Perhaps the most important of those gases is helium. When the term helium is mentioned, the vision that comes […]
Permian Rental Companies Back the Stats
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 […]
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