Welding transformed the oil and gas industry. Electric arc welding and oxy-acetylene have been tools for shaping a world. by Bobby Weaver Welding is one of those trades necessary for the operation of today’s petroleum industry. It is hard to imagine almost any type of oilfield equipment that does not involve welding in one […]
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 […]
Drilling Deeper: 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 […]
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 […]
Tracking the 2017 New Mexico Legislature
We present, below, our second monthly Q-and-A with Mike Miller, governmental affairs representative for New Mexico for the Permian Basin Petroleum Association. PBOG magazine spoke with Mike on the early activity in the statehouse. PBOG: Last time we talked, it was before the whole session had started, and the biggest point you made was […]
Texas Legislative Session Underway
The 85th Texas Legislature convened on Jan. 10 and is set to adjourn on May 29, 2017. With the Texas House and Senate meeting only six months every two years, thousands of bills are drafted and brought to a vote every legislative session in a very short amount of time. The Permian Basin Petroleum Association […]
Drilling Deeper: What a Difference a Year Makes
Such is the story nearly everywhere we look. These are the full versions of the articles shown in truncated form in the print version of our February issue. EIA: U.S. Proved Reserves in 2015 Declined Due to Lower Prices U.S. crude oil proved reserves declined 4.7 billion barrels (11.8 percent) from their year-end 2014 levels […]
New And Noteworthy: January 2017
PetroNerds and more. Fresh offerings of products and services for the oil and gas set. Next Generation Drilling Motors Sperry Drilling, a Halliburton (NYSE: HAL) business, announced on Sept. 21, the release of GeoForce Endure and StrataForce Endure motors, the latest additions to the drilling motor product line focused on increasing reliability in […]
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