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Permian Basin Oil and Gas Magazine

PBOG is the Official Publication of the Permian Basin Petroleum Association and is published monthly by Zachry Publications, LP.

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Patterson-UTI Energy operates 65 drilling rigs in June

July 9, 2020 by PBOG

Houston-based Patterson-UTI Energy, a leading provider of oilfield services and products to exploration and production companies, said this week it operated an average of 65 drilling rigs in June 2020. For the three months that ended June 30, Patterson operated an average of 82 drilling rigs. The company operates wells in Culberson, Howard, Loving, Midland, […]

Filed Under: PBOG Newsletter, Producers and Exploration

Diamondback leads state in filing June 24-30, Shell adds 4 permits in Loving

July 9, 2020 by PBOG

Midland’s Diamondback Energy led the state in filing for drilling permits for the week of June 24-30, according to Houston Chronicle. Diamondback filed 9 permits followed by 8 by Centennial Resource, 7 by Double Eagle, 6 by Ovintiv, 5 by Cimarex Energy, and 4 each by Pioneer Natural Resources, Comstock and Shell. Dutch oil major […]

Filed Under: PBOG Newsletter, Producers and Exploration

No Time to Back off Safety

July 9, 2020 by PBOG

As companies start recovering from the coronavirus debacle and the major downturn due to oil prices, the time has come to focus on rebuilding a sustainable business, especially in the field of safety. Some companies just continue to rebuild following the same philosophies and principles that have been carried on for years. It is a […]

Filed Under: Environmental, Safety and Training, Featured Article Tagged With: Coronavirus, Dusty Roach, Oil and Gas, Safety

Apache accepting applications in 2020-21 tree grant program

July 2, 2020 by PBOG

Houston-based Apache Corp. is accepting applications until Aug. 21 in its 2020-21 tree grant program. Now in its 15th year, the program has provided more than 4.7 million trees in 17 states. Last year Apache donated 61,000 trees to 54 nonprofit agencies, including Keep Odessa Beautiful and Texas Department of Parks and Wildlife. The program […]

Filed Under: Environmental, Safety and Training, PBOG Newsletter Tagged With: Apache, nonprofit, Tree Grant Program

RSEG: Flaring increases in June after decline in May in Permian Basin

July 2, 2020 by PBOG

RS Energy Group said June 26 that flaring intensity increased in June in Permian Basin after declining in May. RSEG estimated (with satellite data) flaring in June at 400 MMcfd for an increase of 54 percent over May. Driven by shut-ins, flaring had declined 136 MMcfd from April to May. “We believe the June increase […]

Filed Under: Environmental, Safety and Training, PBOG Newsletter Tagged With: flaring intensity, Texas Rail Road Commission

SM Energy files 8 permits in Howard, Martin counties to lead June 17-23

July 2, 2020 by PBOG

Denver-based SM Energy filed 8 drilling permits with the Railroad Commission of Texas during the week of June 17-23 for horizontal wells on 3 leases in Howard and Martin counties. Houston Chronicle said the wells target the Spraberry field at depths of 10,000 to 10,350 feet. Also filing 8 permits was French oil major Total […]

Filed Under: PBOG Newsletter, Trade Talk Tagged With: Drilling Permits, Texas Railroad Commission

Hi-Crush idles plants leaving only one each in west Texas and Wisconsin

July 2, 2020 by PBOG

Houston-based Hi-Crush said June 25 it has idled three production and three terminal facilities since April and now has operating (at reduced rates) only its Kermit facility in west Texas and Wyeville facility in Wisconsin. Hi-Crush provides proppant and logistics services for hydraulic fracturing operations. The company also adjusted the deployment schedule for its first […]

Filed Under: PBOG Newsletter, Trade Talk Tagged With: hydraulic fracturing, Oil and Gas

Permian Basin returns to status as top destination for fracturing crews

July 2, 2020 by PBOG

Investment firm Tudor, Pickering, Holt & Co. said this week Permian Basin is again the top location of U.S. hydraulic fracturing crews. Marcellus Basin in Pennsylvania had replaced Permian as No. 1 in Tudor’s previous report, but 10 more crews have returned to oilfield since – most of them in Permian. Of the 450 available […]

Filed Under: Fracking, Frac Sand and Water, PBOG Newsletter Tagged With: hydraulic fracturing, permian basin

ExxonMobil, New Mexico State study wastewater from oil, gas industry

June 18, 2020 by PBOG

New Mexico State University and ExxonMobil said this week they are collaborating on a research project on wastewater produced by the oil and gas industry. Chancellor Dan Arvizu said Monday the agreement “illustrates NMSU’s strength in water and environmental engineering research.” Professor Pei Xu is leading NMSU’s participation “to develop cutting-edge technologies for produced water […]

Filed Under: Environmental, Safety and Training, PBOG Newsletter Tagged With: research, wastewater, water management

Cheniere, Freeport receive cancel orders for shipments of LNG

May 28, 2020 by PBOG

Cheniere Energy, nation’s biggest producer of LNG, received requests to cancel as many as 30 cargoes due for loading in July from buyers with long-term supply contracts, including shipments from Texas ports Sabine Pass and Corpus Christi. Bloomberg said Cheniere may also cancel some of its own cargoes that it sells in the spot market. […]

Filed Under: PBOG Newsletter, Producers and Exploration Tagged With: Freeport LNG Development, production

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