By Conrad Hester Thompson & Knight LLP With oil dipping below the $30 per barrel mark, the continuing profitability of many oil and gas leases may be in jeopardy. The likely result will be a spike in claims that a lease has terminated due to a failure to produce in paying quantities. Whether a marginal […]
Odessa as Survivor and Thriver
Odessa comes out on top in manufacturing and distribution sectors. ODESSA, TX – As oil prices continue to spiral downward, the shares of at least some oil producers from the Permian Basin rank among the top performing energy stocks in the country, leading several sources to call the West Texas region a “rare glimmer of […]
Seismic Shift
Geophysical companies work to expand opportunities in a challenging economy. By Paul Wiseman Every stratum of the seismic industry is struggling as the explosion of oil and gas production creates low price shock waves for the industry across the globe. The small privately-owned company that interprets and stores data, the publicly-owned geophysical firm and […]
Don’t Train In Vain
Steve Sauceda’s grassroots training coordination services have enabled his Hobbs, N.M., outfit to compete with the big boys. by J. Chase Beakley Steve Sauceda’s voice has a warmth and tempo found only in men who recognize both the importance of their work and their own aptitude for it. As he describes his work as workforce […]
Drilling Deeper: Achievements Aplenty
This month’s miscellany of truncated articles takes a look at breakthroughs made by innovative individuals and companies, and shares a bit of practical advice. These are the full versions of the “Drilling Deeper” news items that appeared as abbreviated versions in the print edition of PBOG’s February 2016 issue. Craddick Receives Hearst Energy Award […]
Decision by Railroad Commission’s Porter Sparks Candidate Surge
by Ben Shepperd, President, Permian Basin Petroleum Association Railroad Commission Chairman David Porter has decided not to seek re-election. His decision, days before the candidate filing deadline, set off a scramble and we now have seven Republican and three Democrat candidates. We have developed two candidate forums to meet the candidates. One in Austin and […]
Getting Clean
Cleaning up the oil and gas industry is no easy task, but those in the environmental and waste disposal industries are always up for the job. By Shanti Terry Upon approach, the environmental industry may seem simple enough. If a spill happens, they clean it up. If there’s waste present, they get rid of it. […]
Parting the “Waters”
Texas-based oilfield observers respond to Waters of the United States In recent months, reactions to the Environmental Protection Agency’s latest governmental overreach—into the so-called “Waters of the United States”—has sparked strong pushback from Texas’ energy industry and its related regulatory bodies and political ties. We share here some remarks from various sources. RRC Files […]
The Glo-ing Terms
The Texas General Land Officer’s new commissioner, George P. Bush, is taking his office in some fresh new directions and finding some positives in a challengingly slow energy economy. by Al Pickett The Border Energy Forum has been held for 22 years, but this year’s event—and future forums, too—took on even more importance because of […]
Taking the Basin to the Nation
It’s not just a local or regional voice anymore. PBPA’s reach extends across the country. By Julie Anderson One has to wonder if, some 55 years ago, the inaugural members of the Permian Basin Petroleum Association—fewer than 20 in number—could have predicted the heights their fledgling organization would reach and the breadth of influence […]
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