Mexico’s Energy Reform Bill: The Aperatura Mexico’s government has taken the initial bold step to open up its energy sector to private investment. While the Energy Reform Bill was signed into law by Mexico’s President Enrique Peña Nieto on December 21st, following approval by both houses of Congress and a majority of Mexico’s 31 states, secondary […]
Light Sweet Crude and Refineries: An Overload in the Making
At the PBPA Annual Meeting, Pioneer Natural Resources’ President and COO Tim Dove raised a concern about the growing excess of light sweet crude being developed in the unconventional plays in the Permian Basin, exacerbated by the light crude and condensate being developed in the Eagle Ford. Not coincidentally, Pioneer is one of the major […]
From the General Counsel: A Matter of Balance
The Eleventh Court of Appeals, located in Eastland, Texas, recently dealt with an issue I tend to avoid, if I can, in these articles: the seemingly never-ending dispute between the respective rights of surface owners and oil and gas operators. In this unique case, the operator, Southwest Royalties, Inc. (SRI), sued the surface owner, Mr. […]
From the Chairman: The Place to Be
As I look out the window at a bluebird sky in Midland, I breathe a satisfied sigh of relief that October has passed as I participated in four conferences: NMOGA in Santa Fe, the Executive Oil Conference in Midland, Pine Brook Road Partners’ Annual Investor Conference in New York, and the Permian Basin Petroleum Association […]
From the President: Positive Developments
This year’s PBPA annual meeting was a tremendous success, by all accounts. I want to thank all of you for attending and give a special thanks to our sponsors and speakers. As we heard from both our elected officials and our CEO panelists, the Permian Basin is the place to be economically and should remain […]
Stay Engaged
If there was such a thing as a theme for our annual meeting, those two words probably summed it up as well as anything. By Jesse Mullins | Bobbie Cupell contributed to this article. Given the rich panoply of presentations—the panels, the educational sessions, the featured speakers—that comprised the program of the Annual Meeting of […]
PBPA Matters: Well Spoken
Attendees to the October luncheon of the PBPA heard from four individuals who have strong interests in this energy-rich region. When the Permian Basin Petroleum Association gathered for its monthly luncheon at the Petroleum Club of Midland on Sept. 19, the usual fare of steak-dinner-with-guest-speaker-on-the-side was supplanted with steak-dinner-with-four-guest-speakers-on-the-side, as attendees were treated to a […]
Looking to the Future
An annual shareholders’ meeting provides an opportunity to reflect upon the mission and actions of an organization. It is no different for the Permian Basin Petroleum Association. The accomplishments that I am going to share have nothing to do with me, but everything to do with President Ben Shepperd’s leadership and the chairmen and directors […]
Mounting Challenges
Permian Basin activity remains strong throughout the Basin and that makes the work we do here at the PBPA all that much more important. The issues keep coming at us and the Board and I are committed to doing what it takes to keep folks drilling and producing for years to come. PBPA continues to […]
Annual Meeting Preview: Mark It Down
The 51st Annual Meeting of the Permian Basin Petroleum Association is slated for Oct. 23-24, with the traditional Icebreaker Reception to be held on the evening of the 23rd at the Petroleum Museum and the full session of Kickoff Breakfast, Technical Sessions and Luncheon—including speakers—to be held on the 24th at the Petroleum Club in […]
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