Updated 7/24/2015 News from the Permian Basin and West Texas: Rig count in Permian Basin increases for fourth straight week The oil and gas drilling rig count for the Permian Basin increased for the fourth consecutive week as of July 24, according to Houston-based oilfield services firm Baker Hughes, Inc. And the Texas […]
The Digital Oilfield, Now and Forever: Sidebars
Sidebars to accompany the second installment of the Digital Oilfield. Editor’s Note: PBOG Magazine asked Lance Tolar, president of Tolar Systems Inc., to comment on how technology is transforming the oilfield. He’s done that, both in this issue and in last month’s installment of this series, but he also indicated to us that there is a tradeoff that […]
Solid Economic Indicators
A milestone: Texas’ oil production hits 2 million barrels a day. Production reports to the Texas Railroad Commission from oil operators across the state reached two million barrels a day in February. The production total, a level not seen in Texas since 1986, includes more than one million b/d from the Permian Basin. Preliminary numbers […]
National Memorial Worker Week
By Darrel Canada Starting on April 28 and continuing through May 2, 2014, the OSHA Training Institutes across the United States and its territories conducted free and reduced cost seminars in remembrance of all the employees who have lost their lives on the job. I took an active role of teaching an OSHA 7405 class […]
News Reviews May 2014
Denver-based DCP Midstream will construct a 200 MMcf/d sour natural gas processing plant known as Zia II in Lea County in New Mexico with associated gathering system expansions to service producers in southeast New Mexico and West Texas. The project includes front-end treating for sour gas, two acid gas injection wells, a 50-mile, 20-inch high-pressure […]
News Reviews – April 2014
After successful open seasons, Medallion Pipeline said it will build a crude oil pipeline, Wolfcamp Connector, and its southward extension, the Reagan Gathering Extension, in West Texas. Irving-based Medallion expects to place both pipelines in service by the end of 2014. The combined gathering system will extend about 112 miles through the Midland Basin at […]
Shale Gas Biz Gets “Verification”
DNV GL launches what it calls the first “global, risk-based shale development verification service.” Houston-based DNV GL, an independent foundation whose stated mission is one of “safeguarding life, property, and the environment,” announced March 12 the launch of a comprehensive, tailor-made independent verification service based on the provisions of its Recommended Practice for Risk Management […]
Doing a Land Office Business
The year 2014 has begun with a bang in the Permian Basin. San Antonio-based Lake Truck Lines opened an oilfield services facility in Odessa with another planned in Snyder as it expands into the Permian Basin. Doug Cain, president and CEO, told the Midland Reporter Telegram, “We will probably be going after the Cline Shale […]
Apache Corp. the Latest to Impress National Press
National media outlets continue to discover and weigh in on the Permian Basin energy boom, as the Reuters news service did in December. Apache Corp. was the primary focus in a report that highlighted the heightened activity and new ways of conducting business in the oil fields of far West Texas and Southeast New Mexico. […]
Positively Positive
Whether we’re three years into the upswing or five or more–depending on where one fixes the starting point–it’s clear that reports from the field just keep saying the same thing: business is good. Dallas-based Pioneer Natural Resources recently announced record horizontal drilling results in West Texas. Scott D. Sheffield, chairman and CEO, said, “Our first […]
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