The Texas Railroad Commission adopted new rules March 26 to encourage Texas operators to continue their efforts to conserve water used in hydraulic fracturing for oil and gas even though hydraulic fracturing and total mining use account for less than one percent of statewide water use. The state’s top three water consumers are irrigation, municipalities, […]
Feeling the Impact
The Cline Shale, still in its infancy as a producing zone, is exerting a profound effect in places like Garden City and the rest of Glasscock County. While the Permian Basin is a busy place for the oil and gas industry these days from one end of the basin to the other, tiny Glasscock County […]
News Reviews – April 2013
Tim Rochford is taking over as chairman, Kelly Hoffman is CEO, and David Fowler is now president of Ring Energy, which is reorganizing its management and relocating its headquarters to Midland from Tulsa. The Tulsa World reported that Ring Energy, which focuses on drilling properties in West Texas and Kansas, last summer acquired Stanford Energy, […]
Toward Tort Reform: February PBPA Luncheon
The co-founder of Texans for Lawsuit Reform carries his cause to West Texas. MIDLAND, TEXAS—Attendees to the February PBPA luncheon heard an appeal from Richard “Dick” Weekley, the co-founder, chairman, and CEO of Texans for Lawsuit Reform (TLR), a statewide tort reform organization dedicated to bringing fairness and balance back to Texas’ civil justice system. […]
Tools of the Trade 2013
An address on entrepreneurship by Dick Saulsbury highlighted the Burmass Tools of the Trade Expo. First you have to find the thing you believe in. Those were the words of Dick Saulsbury, keynote speaker at the 2013 Burmass “Tools of the Trade” Exposition, held Feb. 28-March 1 at the Horseshoe Arena in Midland. Saulsbury, whose […]
Repercussive Regs
by Jesse Mullins Heavy regulation is hard enough on an oil and gas operator, but the hampering effect felt by smaller operators in West Texas and New Mexico is especially onerous. Kendrick Oil and Gas Company president Phil Kendrick, Jr., had plenty to add in this vein. (See other remarks by Kendrick in our […]
Legislative Sessions
With the start of a new year, elected officials in Texas and New Mexico can begin digging into legislative issues instead of election infighting. Unlike previous years when the energy industry came under fire in both states concerning regulations or the commission that regulates its activities, 2013 is a year when experts are predicting relatively […]
The Cline Beckons
Those living on the far eastern side of the Permian Basin have watched with interest as activity has surged in recent years with the development of the vertical, multi-zone Wolfberry play in the heart of the Basin. With the Midland-Odessa area enjoying remarkable growth, cities on the eastern shelf of the Permian Basin, such as […]
Join Us in Midland: 3rd Annual Burmass Tools of the Trade Exposition
Burmass Tools Of The Trade Conference & Exposition Registration is open for the 3rd Annual Burmass Tools of the Trade. Click Here to Pre-Register to Attend – Free Admission Now Through January 31st, 2013 — ($10.00 After) Register as an Exhibitor Click Here View our Sponsorship Opportunities Click Here February 28 – March 1, 2013 […]
PBIOS 2012: As Good As Advertised
[portfolio_slideshow] Some 700 companies hosted more than 1,000 exhibits in what has been described as one of the most impressive and well-attended Permian Basin International Oil Shows on record. Attendees saw some of the most up-to-the-minute technology displayed at booth after booth. Advances in directional drilling, hydraulic fracturing, software, communications, and automation dominated much […]