Oil Price Stability: Fragile Barring a geopolitical event, latest data indicates a market balance will endure in coming months, keeping oil prices near current levels. Long term, the bias is higher, with growing evidence a supply gap will emerge before 2025. by Paul Kuklinski WTI crude is $67/B, compared to a 1H18 average just over […]
Carbon Black: The Overlooked Commodity
Wherever Wheels are Rolling… on ice or mud or snow… the name that’s known is carbon black. Where the rubber meets the road. Just another essential product brought to the world by the fine folks in oil and gas. There are places in West Texas, especially areas in close proximity to gasoline refineries, where you […]
Drilling Deeper: Pushing Frontiers
In this month’s miscellany of abbreviated articles, performance is the unifying thread. As always, you are invited to sample these article intros below, and go to the PBOG website to get the full version of each one. Producing Pipe at the Well Milford, an EPC corporation headquartered in Midland, has announced a strategic partnership and distribution […]
Drilling Deeper: Staying the Course
In this month’s miscellany of articles, prudence and preventive maintenance are recurrent themes. These are the full versions of the “Drilling Deeper” news items that appeared as abbreviated versions in the print edition of PBOG’s June 2018 issue. Technology on Parade On April 12, in Midland, Weatherford International welcomed customers, employees, and students as […]
Lighter Than Air: A History of the Helium Industry in the Permian
by Bobby Weaver The oil and gas industry produces many products ranging from fuel to plastics, but few are aware that the extraction of rare gases are an important, albeit a small, part of that activity. Perhaps the most important of those gases is helium. When the term helium is mentioned, the vision that comes […]
Oil Patch Tales: Bait and Switch
by Bobby Weaver Some people, usually of the male gender, just plain like to fight. That is especially true of oil field hands. Now myself, I never was much of a hand at fisticuffs. For one thing I was a tad small for the activity and besides my threshold for pain was always […]
Back In The Day: Telling a Story
Telling a Story The fine photography collected, as well as (often) shot, by oilfield photographer Mitch Mayborn in middle-to-later 20th Century, working for Drilling Magazine, holds up as documentary imagery of that day, and as a nice primer to the various components of the patch.
HRIQ: Oil and Gas Technology and Labor
by Bill Price Technology has dramatically changed the oil and gas industry in the last decade. We know the effect of enhanced oil extraction on production but this was only possible through the introduction of sophisticated technology. The energy industry has become less labor intensive, as is true of most industries. The industry has experienced […]
Company Town
There are stories aplenty of “company towns” built by oil companies in oil’s early 20th century heyday, but no company town fit the mold better than a Basin town, Texon, that endured for generations. by Bobby Weaver Back in 1955 Tennessee Ernie Ford had a hit song entitled “Sixteen Tons” concerning the travails of a […]
HRIQ: Child Labor – Is It Okay?
by Bill Price It might seem surprising to see a headline calling attention to a discussion of child labor, and child labor laws—that whole topic seeming like something right out of the 19th century. But child labor is still a topic of discussion, even today, and knowing about it, and about its governance, is […]
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