The way business is done in the Basin is changing fast, and many are saying that it’s a game for ever-bigger entities, but these three operators say that smaller can still be better—and they explain how and why that works for them. by Hanaba Munn Welch All it takes is a lease. The Permian […]
To Give It Another Go
Refracturing gives producers another crack at declining wells. Improved frac procedures and the opportunity for strong cost-benefit balances are behind the renewed interest in refracturing. By Paul Wiseman Much like the rise in horizontal drilling that started a few years ago, industry veterans realize that refracturing is not so much new as it is […]
Where the Action Is
Like a canary in a mine, an oilfield auction can be a bellwether of oil economy health. Frac equipment led auction sales for two years, as hardware that was being unloaded on the marketplace. And yet now it’s a hot buy. By Paul Wiseman When gauging the health of the oil field economy, there’s […]
The Next Generation
MISD’s Petroleum Academy visits a Diamondback rig north of Midland. The Permian Basin Petroleum Association and the E&P firm Diamondback among those contributing to training the next generation of oilfield hands. by Paul Wiseman The phrase “field trip” may conjure up images of the zoo or the farm. But for enrollees in the […]
Chemistry Matters
Competition does, too. Performance Chemical, known for its unorthodox hiring philosophy, lured a gridiron star from his chosen sport and added him to a new sort of team. by Paul Wiseman The University of Lousiana-Lafayette (formerly Southwest Louisiana) has seen several alumni find success in the NFL over the years—notably Jake Delhomme, who […]
Standing Tall: PBIOS 2016 in Pictures
Those words were the theme of the 2016 Permian Basin International Oil Show, and they summed up the mood nicely. by Jesse Mullins ODESSA, TEXAS—For two solid days we cooked here under record high temps, frying under an impossibly malevolent October sun, and for the third day we came nigh to blowing away from […]
New And Noteworthy: December 2016
Fresh offerings of products and services for the oil and gas set. Next-Generation Acoustic Analysis Service Halliburton announced on Sept. 20 the release of the Acoustic Conformance Xaminer service (ACX), a technology to help operators identify and pinpoint costly wellbore leaks by analyzing sound waves that describe flow patterns in the formation and […]
Made In The Permian
Story and photography by Hanaba Munn Welch The Permian Basin is a natural place for manufacturing products to meet the needs of the oilfield—a part of the world where necessity spawns inventiveness as surely as the aromas of the mother lode waft faintly in the breeze. Three manufacturers of different products for the industry […]
The State of Oil: Part 2
Anatomy of a Turnaround Two highly respected industry observers share insights into the recovery of 2017—a recovery that, if not “officially” in the works, is bound to unfold. The thing is, this recovery will be different from anything we’ve ever seen before. by Jesse Mullins For the Permian Basin Petroleum Association, fall means fresh […]
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 […]
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