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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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Lease Prices, Demystified

September 16, 2019 by PBOG

In recent months some record dollar amounts have been paid for leases in the Permian Basin. In 2018 a Santa Fe firm that places bids for anonymous investors bid more than $95,000 per acre for a tract of U.S. government land on the New Mexico side of the Basin. That number was a record high […]

Filed Under: Featured Article, Industry Analysis, The Financial Picture Tagged With: Drilling, Leasing, Oil and Gas, permian basin

Turning to the Right

January 1, 2017 by PBOG

In many ways, the story of drilling is the story of the drill bit. As that device has changed, so has the entire enterprise of making hole. by Bobby Weaver     In today’s world the speed and efficiency of drilling oil wells has reached a level undreamed of by early day oilmen. The evolution […]

Filed Under: Featured Article, Online Exclusive, People Tagged With: Drilling, Feature, featured

Drilling Deeper: Success- Examples of it, Paths Toward It

August 29, 2014 by PBOG

  High achievement—as a topic and as an objective–is under discussion in some of this month’s array of truncated articles. As always, you are invited to sample these article intros below, and go to the PBOG website (pbog.com/DrillingDeeper) to get the full version of each one.   Fracking Tops Environmental Issues A full 57 percent  […]

Filed Under: Drilling Deeper Tagged With: deeper, Drilling, Drilling Deeper, drilling deepr

Drilling Deeper: Strong Sentiments, Sensible Suggestions

July 25, 2014 by PBOG

  Opinions and advice are in ample supply in our array of articles. These are the full versions of the “Drilling Deeper” news items that appeared in abbreviated versions in the print edition of the August PBOG.   EPA Gets Supreme Setback Railroad Commission of Texas Chairman Barry Smitherman commended action recently by the U.S. […]

Filed Under: Drilling Deeper Tagged With: Drilling, Drilling Deeper

Straight up Horizontal

December 1, 2013 by PBOG

The move to laterals has the Permian Basin turning the bit in earnest, but not every driller is finished with the traditional vertical well. When Jim Henry stood up at a networking meeting in Midland recently and commented that his company, Henry Resources, will start using some horizontal rigs, everyone knew the world had changed. […]

Filed Under: Featured Article Tagged With: Drilling, featured

Drilling Efficiency

January 24, 2013 by PBOG

Drilling efficiency is the phrase on everyone’s lips, as the bar keeps getting set higher and higher. Industry observers weigh in on getting the most drilling done in the least time for the least money. Reducing drilling costs is an everyday topic in the oil patch and there is no simple answer.  Is that site […]

Filed Under: Featured Article Tagged With: Drilling, Efficiency, featured, Oil, Saving Time, Speed, Time is Money

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