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. […]
Decision by Railroad Commission’s Porter Sparks Candidate Surge
by Ben Shepperd, President, Permian Basin Petroleum Association Railroad Commission Chairman David Porter has decided not to seek re-election. His decision, days before the candidate filing deadline, set off a scramble and we now have seven Republican and three Democrat candidates. We have developed two candidate forums to meet the candidates. One in Austin and […]
Taking the Basin to the Nation
It’s not just a local or regional voice anymore. PBPA’s reach extends across the country. By Julie Anderson One has to wonder if, some 55 years ago, the inaugural members of the Permian Basin Petroleum Association—fewer than 20 in number—could have predicted the heights their fledgling organization would reach and the breadth of influence […]
Giving a Hand to One Who’s Given Back
Lana Cunningham “An optimist who charges ahead—that’s what leadership is about. And that is Curtis Mewbourne.” This description of Curtis W. Mewbourne by a University of Oklahoma professor underscores one of the numerous reasons for his selection as recipient of the Permian Basin Petroleum Association’s Top Hand Award, to be bestowed Jan. 28 at a […]
A Global Perspective
Colin Fenton, keynote speaker for the 2015 Annual Meeting of the PBPA, addressed the past, present and future of oil and gas—here and around the world. Colin Fenton, managing partner at Blacklight Research and Columbia University fellow, was the keynote speaker at October’s PBPA Annual Meeting. Hailing from the Ivy League, the corporate banking […]
A Finding for our Side: The Lesser Prairie Chicken
The U.S. District Court for the Western District of Texas on Sept. 1 granted summary judgment in favor of the Permian Basin Petroleum Association and vacated the U.S. Fish and Wildlife Service (FWS) rule listing the Lesser Prairie Chicken (LPC) as threatened under the Endangered Species Act. In PBPA et al. v. Department of […]
Two Who “Made a Hand”
Parker and Parsley’s partnership began with a handshake and humble beginnings in the early 1960s. It grew into what has now become a legacy, as they have paved the way for one of the nation’s largest independent oil and gas operations. Amidst an atmosphere of great cheer and nostalgia, Howard Parker and Joe Parsley […]
They Walked With Integrity
By Rebecca Hargus Howard Parker and Joe Parsley, this year’s recipients of the PBPA’s “Top Hand” award, are exemplars of what it means to be an oil and gas executive. And yet they are more than that, as well. Jan. 22 marks the grand and gala occasion, set for the Midland Center, in Midland, Texas. […]
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