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Permian Basin Oil and Gas Magazine

PBOG is the Official Publication of the Permian Basin Petroleum Association and is published monthly by Zachry Publications, LP.

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Railroad Commission opens new field office in Lubbock

January 23, 2020 by PBOG

Railroad Commission of Texas said this week it is opening an oil and gas field office in Lubbock to serve a 21-county area (District 8A) in northern Permian Basin previously served by its Abilene office. RRC executive director Wei Wang said Wednesday the new office will “address both operational and recruiting challenges we have experienced […]

Filed Under: PBOG Newsletter

Enterprise begins operations at Mentone plant in Loving County

January 23, 2020 by PBOG

Houston-based Enterprise Products Partners said this week it placed into service its Mentone cryogenic natural gas processing plant in Loving County in Delaware Basin. The plant has the capacity to process 300 MMcfd of natural gas and extract more than 40,000 b/d of NGL. Enterprise said it is supported by a longterm dedicated acreage agreement. […]

Filed Under: PBOG Newsletter

Enbridge withdraws application for Texas COLT crude oil export terminal

January 16, 2020 by PBOG

Canadian pipeline operator Enbridge withdrew its permit application at U.S. Department of Transportation maritime administration for a crude oil export terminal near Freeport in the Gulf of Mexico capable of handling supertankers, according to Reuters and Houston Chronicle. Enbridge reportedly could reconsider filing its application for Texas Crude Offshore Loading Terminal (or Texas COLT) off […]

Filed Under: PBOG Newsletter

Enterprise, Navigator Holdings export first ethylene from Morgan’s Point

January 16, 2020 by PBOG

Houston-based pipeline operator Enterprise Products Partners and British liquefied gas shipping company Navigator Holdings exported the first cargo of ethylene from their new terminal at Morgan’s Point on the Houston ship channel. A Liberian tanker named Navigator Europa left Jan. 2 with a 25-million-pound shipment of ethylene for the Marubeni Corp. in Japan. Enterprise and […]

Filed Under: PBOG Newsletter

Crude production per day reaches record high while rig count declines

January 16, 2020 by PBOG

Production continues to grow while the rig count declines. U.S. Department of Energy said this week that crude oil production increased to an estimated record high of 13 million barrels a day last week, while Baker Hughes said Jan. 10 that the U.S. count of active oil and gas drilling rigs declined 15 in the […]

Filed Under: PBOG Newsletter

Oilfield Labs of America doubles capacity of facilities in Midland

January 16, 2020 by PBOG

Houston-based Oilfield Labs of America is doubling the capacity of its facilities in Midland. Amanda North, director of lab operations, told the Midland Reporter Telegram the company is expanding its existing building and adding a second building of 4,000 square feet to give it more than 9,000 square feet of lab space. “We serve the […]

Filed Under: PBOG Newsletter

Permian Basin leads record year for taxes and royalties paid by industry

January 16, 2020 by PBOG

The Texas Oil and Gas Association said this week the industry paid a record $16.3 billion in 2019 in taxes and royalties to the State of Texas, county governments and school districts. Todd Staples, president, told reporters Tuesday, “Despite the challenges associated with the global marketplace, state and local taxes and state royalties shattered records […]

Filed Under: PBOG Newsletter

Permian Cost-Effective Artificial Lift Strategies

January 10, 2020 by PBOG

Improve Production By Effectively Analyzing Data – Interview With Christina Bernet, Bonanza Creek Energy. Production teams across the Permian Basin are on the lookout for practical solutions, best practices and strategies for overcoming critical challenges and bottlenecks that face them on a regular basis as they battle with day-to-day challenges such as equipment breakdowns, high […]

Filed Under: Featured Article, Field Services and Pumping Units, Online Exclusive, PBOG Newsletter

EIA releases new maps, geologic information for Bone Spring

January 9, 2020 by PBOG

New maps and geologic information for Bone Spring in the Delaware Basin have been released by U.S. Energy Information Administration. Stonnie Pollock, president of the West Texas Geological Society, told the Midland Reporter Telegram that the information “appears to be more generalized information pulled together from public information sources.” EIA reportedly reviewed data from 22,000 […]

Filed Under: PBOG Newsletter

Transaction makes Tenaris largest steel pipe producer in North America

January 9, 2020 by PBOG

International steel pipe manufacturer Tenaris said Jan. 2 it closed a previously announced transaction to acquire IPSCO Tubulars, a U.S. manufacturer of steel pipe, from Russian steel maker PAO TMK for $1.067 billion. Also, Tenaris’ announcement said the parties entered into a six-year distribution agreement whereby Tenaris will be the exclusive distributor of TMK’s OCTG […]

Filed Under: PBOG Newsletter

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