Odessa comes out on top in manufacturing and distribution sectors. ODESSA, TX – As oil prices continue to spiral downward, the shares of at least some oil producers from the Permian Basin rank among the top performing energy stocks in the country, leading several sources to call the West Texas region a “rare glimmer of […]
Seismic Shift
Geophysical companies work to expand opportunities in a challenging economy. By Paul Wiseman Every stratum of the seismic industry is struggling as the explosion of oil and gas production creates low price shock waves for the industry across the globe. The small privately-owned company that interprets and stores data, the publicly-owned geophysical firm and […]
Don’t Train In Vain
Steve Sauceda’s grassroots training coordination services have enabled his Hobbs, N.M., outfit to compete with the big boys. by J. Chase Beakley Steve Sauceda’s voice has a warmth and tempo found only in men who recognize both the importance of their work and their own aptitude for it. As he describes his work as workforce […]
Decision by Railroad Commission’s Porter Sparks Candidate Surge
by Ben Shepperd, President, Permian Basin Petroleum Association Railroad Commission Chairman David Porter has decided not to seek re-election. His decision, days before the candidate filing deadline, set off a scramble and we now have seven Republican and three Democrat candidates. We have developed two candidate forums to meet the candidates. One in Austin and […]
Parting the “Waters”
Texas-based oilfield observers respond to Waters of the United States In recent months, reactions to the Environmental Protection Agency’s latest governmental overreach—into the so-called “Waters of the United States”—has sparked strong pushback from Texas’ energy industry and its related regulatory bodies and political ties. We share here some remarks from various sources. RRC Files […]
The Glo-ing Terms
The Texas General Land Officer’s new commissioner, George P. Bush, is taking his office in some fresh new directions and finding some positives in a challengingly slow energy economy. by Al Pickett The Border Energy Forum has been held for 22 years, but this year’s event—and future forums, too—took on even more importance because of […]
Taking the Basin to the Nation
It’s not just a local or regional voice anymore. PBPA’s reach extends across the country. By Julie Anderson One has to wonder if, some 55 years ago, the inaugural members of the Permian Basin Petroleum Association—fewer than 20 in number—could have predicted the heights their fledgling organization would reach and the breadth of influence […]
Drill Indie
Independent drilling contractors are here to stay. By Chase Beakley Last year we heralded the rise of the independent drilling contractor, noting that 54 percent of active rigs in the Permian Basin were drilled by independent contractors outside of the eight biggest companies. At that time crude was selling for $101.92 a barrel and the boom […]
The Hands That Build The Basin
by Chase Beakley Machinists don’t like to talk. They listen. They listen to their customers and draw custom designs to increase productivity and safety. They listen for a phone that might call them out for a rig repair at any time of the day or night. They listened to my questions and when it came […]
Diversionary Tactics
by Al Pickett, special contributor Things are never as simple as they seem. And sometimes when you think you understand something, you find that there’s another stage that calls for fresh scrutiny. As Frank Zamora pointed out recently, many in the industry believe that nearly 50 percent of the perforated clusters in hydraulically fractured wells […]
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