As Analysts Note Impressive Peak, Locals Confirm Industry Uptick. The day after Christmas 2017, IHS Markit, an economic analytics firm based in the United Kingdom, issued a press release referencing the Permian as a “super basin.” In fact, the headline and first few paragraphs made one think Christmas would last well into the […]
Sand Nation
In a sweeping and disruptive move that in some ways pre-empts the huge sand suppliers of Wisconsin and other points north, the Basin storms into the sand mining business, bringing home what could be the lion’s share of this vital and ever-growing segment within the well completion industry. by Jesse Mullins “The West Texas […]
Getting the Message Out
Being heard and understood by the public was an overarching theme of the 55th Annual Meeting of the Permian Basin Petroleum Association, which convened Oct. 25-26 in Midland. by Jesse Mullins A full day’s slate of speakers and panels concluded what organizers felt to be one of the best annual meetings, in recent times, […]
Getting the Resources Gone
Takeaway is what the midstream sector is all about. Getting the crude oil, natural gas, and natural gas liquids away from the wellheads and on their way to the processing plants. Sounds simple, but it’s a world unto itself, and it’s a world that’s undergoing dramatic change. by Jesse Mullins The upstream sector has its […]
When Staying in the Dark is the Brightest Idea
PBPA gets behind an idea that is out of this world: the Dark Skies Initiative. Acting before drilling operations pose a serious problem in Reeves County and Jeff Davis County (and the Fort Davis area), oil companies get on board a plan to keep the skies dark above the McDonald Observatory. By Bill Wren, McDonald […]
The Life Cycle of a Play
Evolving economics drive the life cycle of an oil and gas play. By Paul Wiseman In the wild west days of the oil patch’s infancy, gritty men in jeans and overalls prowled the prairies armed with dreams, a bit of geology, and some kind of luck. The opportunities were as varied and wide as those […]
The Nitty Gritty of Sand
It’s famine to feast. With the return to activity, sandmen are no longer asleep at the wheel. Frac sand companies are hiring people, buying equipment, and gaining market share. Meanwhile, sand itself—as used by E&P companies—has changed. By Paul Wiseman Most of 2016 was a crisis in much of the oil industry, and the […]
Sand’s Hidden Danger
Heightened regulations are in the pipeline to reduce silicosis deaths By Paul Wiseman Of the major inhaled pollutant issues, frac sand is not on the list for most people. After all, it spends most of its existence in the ground—in the mine or in the oil well. Seems harmless enough. But on its way […]
Big in the Basin
Big is back, and the business done by the Bigs is brisk in the Permian Basin. We tap the minds of three top industry observers to explore why bigness makes bank in the region’s convention-defying recovery. By Jesse Mullins It’s been a much-cited statistic. Land deals in the Permian Basin these days have gone […]
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 […]
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