With the PBPA Annual Meeting looming near, we present a question-and-answer conversation with Ben on the meeting to come. Permian Basin Oil and Gas Magazine: It’s already coming back around again! What can we expect in the October Annual Meeting? Ben: We have a full slate of sessions and we’re pleased to have some very […]
PBPA Matters: On Texas and the National Economy
The discussion that follows was the luncheon presentation at the Sept. 23 meeting of the membership of the Permian Basin Petroleum Association, held at the Midland Country Club, in Midland, Texas. The proceedings were taped and this is an edited transcript of that event. PBPA President Ben Shepperd: We’re going to hear a conversation […]
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 […]
Explaining the World
Thoughts on booms, busts, cycles, “MPG,” China, India, and the Next Big Thing. “If you can explain oil, you can explain the world.” So began Garrett Golding, vice president of the Rapidan Group, in his luncheon keynote address before the membership of the Permian Basin Petroleum Association on Feb. 22. Speaking in the banquet hall […]
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 […]
Standing Tall in 2016
It’s October of 2016, which means the latest Permian Basin International Oil Show is upon us. This year’s event promises to stand as tall as ever as the Permian Basin leads the industry out of its protracted downturn. by Tony Burke It has been two years since the last Permian Basin International Oil […]
District Export Councils
One of the Permian’s Best Kept Secrets by Julie Anderson The West Texas District Export Council is one of the nationwide networks of District Export Councils which make significant contributions to America’s international competitiveness. The West Texas Council contributes leadership and international trade expertise to complement the U.S. Commercial Service’s export promotion efforts through […]
Opposites Attract
In the middle of a bout with the saber-rattling Bureau of Land Management over frac’ing regulations, the oil and gas industry is, it would seem, nearly back to “business as usual.” by Tony Burke Hydraulic fracturing was developed to stimulate wells and increase production. The practice’s experimental infancy dates back well over a […]
Crossroads
New Mexico, reeling from the hard knocks of 2014-2016, takes stock of its current O&G industry and awaits—and readies for—the politics yet to unfold. by Tony Burke The Permian Basin is large. It stretches approximately 200 miles wide and 300 miles longitudinally. The basin rests, substantially, beneath two states. The grand industry […]
The Price of Oil and Its Economic Impact on Texas
At the March 17 luncheon of the Permian Basin Petroleum Association, the luncheon speaker was Mr. James LeBas, former Chief Revenue Estimator for the Texas Comptroller’s Office and currently a tax and fiscal consultant. What follows is a transcript of his talk. [Editor’s Note:] PBOG Magazine attended this luncheon and prepared this report. Mr. […]
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