The stakes are set and they are indeed high, where the hydrocarbons crowd is concerned. Which candidate bodes best for energy? And do other considerations trump our key concern, given the mixed bag that each prospect represents? by J. Chase Beakley It has been an unlikely election season to say the very least. After […]
Well Servicing 2016: The Strong Survive
Stayin’ Alive in the service sector; Startups, innovation, and Ramen noodle budgets keep the doors open. by Paul Wiseman At his previous employer’s office (a multinational oilfield service behemoth) Randy Guice’s desk was near the elevator. From that vantage point he could observe newly laid-off employees being escorted glassy-eyed out the door, clutching […]
Getting the Big Picture
GIS mapping does more than scratch the surface. Managing assets and working around existing pipelines, wells, and environmental restrictions makes GIS more necessity than luxury. by Paul Wiseman Remember the days of carrying a Rand McNally road atlas in the car on road trips—madly flipping pages when crossing state lines and trying to find […]
Another Losing Season – Earnings Reports 10/16
Financial and operating results for the quarter ended June 30, 2016. The second quarter featured mostly year-over-year and quarter-over-quarter declines, nothing overly surprising. Of the 24 companies covered below, 23 had net losses for the second quarter. The major players will undoubtedly look ahead to more efficient and promising days. Anadarko Anadarko Petroleum Corporation […]
New and Noteworthy: October 2016
Fresh offerings of products and services for the oil and gas set. Ultra‐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 […]
District Export Councils
One of the Permian’s Best Kept Secrets by Julie Anderson The West Texas District Export Council is one of the nationwide networks of District Export Councils which make significant contributions to America’s international competitiveness. The West Texas Council contributes leadership and international trade expertise to complement the U.S. Commercial Service’s export promotion efforts through […]
Bouncing Off Bottom
Every problem holds the seeds of its own solution. How the crude oil price collapse—grasped holistically—reveals the steps that will right the ship. First glimmers of a better day coming. by Jesse Mullins It was Will Rogers who said that an economist’s guess is liable to be as good as anyone else’s. When the […]
The Broader Picture: October 2016
August Energy Reports from EIA and Platts: O&G news from beyond the Permian’s borders—news that, in some way, touches the Basin. EIA Aug. 31 The U.S. Energy Information Administration’s new Petroleum Supply Monthly report, which was released on Wednesday, Aug. 31, shows that U.S. gasoline consumption in June reached an all-time high for any month at […]
The Green and the Black: A Review
A surprising book gives our side a better account—in the environmentalists-vs.-oil-and-gas debate—than one might expect to see in these oil-unfriendly times. by Jesse Mullins The Green and the Black: The Complete Story of the Shale Revolution, the Fight over Fracking, and the Future of Energy, by Gary Sernovitz (St. Martin’s Press, New York), […]
Trading on One’s Talents
Industry consultants have been navigating a dry spell. How three Permian Basin companies are toughing it out. by Julie Anderson Having worked for 10 years as a field mechanic for drilling rigs and pulling units, Joel Madrid knows the value of customer service. A particular trust develops when you know a company will answer […]
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