Another Lost Quarter, But We Think We Know Where To Find It Financial and operating results for the quarter ended Sept. 30, 2016. The third quarter featured, once again, mostly declines. Aside from the quarter, all is not lost, and judging by the minor improvements made by many companies, most may find themselves a bit […]
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 […]
The Broader Picture: December 2016
October’s Energy Reports from EIA and Platts: O&G news from beyond the Permian’s borders—news that, in some way, touches the Basin. Oct. 25 Global offshore oil production in 2015 was at the highest level since 2010, and accounted for nearly 30 percent of total global crude oil production. Offshore oil production increased in […]
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 […]
On Getting Plugged In
The severe and still-mounting shortfall of electricity in oil country is something that will only be resolved when suppliers and users alike are aware of the needs and the limitations of the system. For E&P companies, communication is the key. by Al Pickett, special contributor The shift from vertical to more horizontal drilling in […]
Drilling Deeper: Spinning the Wheels
With a flurry of activity, both friendly and less-so, Basin operations are slowly but increasingly beginning to resemble the booming Basin we are used to. Energy is Priority for American Voters API President and CEO Jack Gerard highlighted the importance of American energy ahead of the first presidential debate. Gerard’s full remarks, as prepared […]
New And Noteworthy: Nov 2016
Low Headroom Wire Rope Hoist Expanding its comprehensive line of high-quality wire rope hoists, Columbus McKinnon Corporation (NASDAQ: CMCO), a leading designer, manufacturer, and marketer of material handling products, systems, and services, introduces the Yale LodeKing LT ultra‐low headroom top‐running wire rope hoist. Available in capacities ranging from 10 to 25 tons, the LodeKing […]
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 […]
iTankData Announces First Mobile App to Manage Oil Field Operations
iTankData Announces First Mobile App to Manage Oil Field Operations, to be rolled out at Permian Basin International Oil Show (PBIOS), October 18-20 “This mobile app allows operators to monitor production specific to leases and pumper staff. By 7am each day, supervisors can direct field crew based on the current status of crude oil production […]
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