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 […]
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 […]
Debating the “Future of Energy”
April 28, 2014—Returning to Midland after being immersed at my graduate business school alma mater, Harvard, and interacting with the unique culture of New York City, I have a different perspective than when I departed Midland 4 days ago. It also happens that a long flight is a great time to read The Wall Street […]
The Changing Dynamic
While the size of the prize in the Permian Basin is now greater than ever in my lifetime, the bar is set higher than ever for those who aspire to attain the prize. I am told that the late 1950s was a great time to be in the Permian Basin, but I did not show […]
Circles of Influence
Primary We have survived the bruising primaries with some close races, surprising results in a few cases, and yes, runoffs. After the runoffs, it is time to move on, politically reunite our oil and gas community, and focus on the November elections, which are critical to our industry. I hope our supportive incumbents and Republican […]
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