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 […]
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 […]
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