This organization’s chairman, who passed away June 1, was highly thought of by his coworkers, neighbors, friends, family, and PBPA associates. By Jesse Mullins In the scant weeks since the last issue of this magazine appeared, the Permian Basin Petroleum Association lost its chairman, who succumbed to cancer. That loss, though it does not in […]
From the President: Getting There
Legislative sessions have their way of creating their own realities. “You’ve got to be very careful if you don’t know where you are going, because you might not get there.” —Yogi Berra When we began the Legislative session, re-authorizing the Railroad Commission, funding our water and transportation infrastructure needs and improving the state’s response to […]
From the General Counsel: The Point of Valuation
In New Mexico, a challenge to a lower court’s decision has caused the state’s Supreme Court to take a longer look at what it means to pay a lessor an established portion of the “net proceeds” from the sale of gas. More than a few months ago I wrote about the Commissioner of Public Lands […]
From the Chairman: Wrangling Over Water
Various camps that are unfriendly to oil and gas are making water their point of contention. Water. It is a hot topic in Texas now, with drought concerns and high demands coming from many directions. Although hydraulic fracturing accounts for less than 2 percent of statewide water use, hydraulic fracturing and the economic prosperity of […]
From the General Counsel: “Just Compensation” Could be “For the Taking”
House Bill 1496, if passed, could bring a new twist to the old workings of eminent domain. Most operators have probably come across that one local municipality that is such a pain to deal with, due to regulations and restrictions imposed upon drilling activities, that the better option seems to be avoidance of such an […]
From the President: Cooperation is the Key
As I write this, the Texas legislature is at its peak of activity and PBPA is right in the middle of it. Before I discuss the latest legislative activities, I want to give credit to a Texas state agency. The Texas Parks and Wildlife Department (TPWD), an agency who has had its fair share of […]
From the Chairman: Final Push
Sunset legislation and other critical issues draw greater scrutiny as the Texas Legislature heads down the home stretch. The Texas legislative session is in full swing. Many issues are being discussed. The Railroad Commission Sunset is probably the biggest issue impacting our industry at this point. The House Energy Resources Committee heard testimony last month […]
Toward Tort Reform: February PBPA Luncheon
The co-founder of Texans for Lawsuit Reform carries his cause to West Texas. MIDLAND, TEXAS—Attendees to the February PBPA luncheon heard an appeal from Richard “Dick” Weekley, the co-founder, chairman, and CEO of Texans for Lawsuit Reform (TLR), a statewide tort reform organization dedicated to bringing fairness and balance back to Texas’ civil justice system. […]
The Politics of “Sue and Settle”
The “green lobby’s” tactics in the species-listings campaigns are lacking in transparency, candor, and accountability. As we have previously reported, in November the U.S. Fish and Wildlife Service (FWS) put forth their proposal that the Lesser Prairie Chicken be listed on the Threatened Species list per the provisions of the Endangered Species Act (ESA). The […]
From the Chairman: Supply & Demand – In Perspective
No one in this industry has a crystal ball, but even so, it’s helpful sometimes to ask, and try to anticipate, where things are headed. The Permian Basin oil field has had a high level of activity for the last three years. This high level of activity has brought a number of positive effects on […]