Independent drilling contractors are here to stay. By Chase Beakley Last year we heralded the rise of the independent drilling contractor, noting that 54 percent of active rigs in the Permian Basin were drilled by independent contractors outside of the eight biggest companies. At that time crude was selling for $101.92 a barrel and the boom […]
Drilling Deeper: Following Directions
In this month’s miscellany of truncated articles, innovation, influence, and even intrigue are the ingredients of an informative mix. These are the full versions of the “Drilling Deeper” news items that appeared as abbreviated versions in the print edition of PBOG’s January 2016 issue. Bakken, Eagle Ford Stay Flat Oil production from key shale formations in North […]
The Hands That Build The Basin
by Chase Beakley Machinists don’t like to talk. They listen. They listen to their customers and draw custom designs to increase productivity and safety. They listen for a phone that might call them out for a rig repair at any time of the day or night. They listened to my questions and when it came […]
Diversionary Tactics
by Al Pickett, special contributor Things are never as simple as they seem. And sometimes when you think you understand something, you find that there’s another stage that calls for fresh scrutiny. As Frank Zamora pointed out recently, many in the industry believe that nearly 50 percent of the perforated clusters in hydraulically fractured wells […]
Requiem for a Canadian Pipeline
Industrial and political insiders sound off in response to the killing of the Keystone XL pipeline in November. by Tony Burke, Assistant Editor On Nov. 6, President Obama rejected TransCanada Corp’s Keystone XL pipeline application. The killing of the much bandied-about pipeline was hardly done in the heat of the moment, but calculated […]
Drilling Deeper: Having a Voice
In this month’s miscellany of truncated articles, the theme of “speaking up” might be the tie that binds. These are the full versions of the “Drilling Deeper” news items that appeared as abbreviated versions in the print edition of PBOG’s December 2015 issue. Ain’t Seen Nothin’ Yet Railroad Commissioner Christi Craddick discussed the […]
Rental Equipment: Strategies to Save
Jill Tennant When William Shakespeare wrote, “Neither a borrower nor a lender be,” he was certainly not referring to the modern oil and gas industry. According to a study conducted by market research and consulting company MarketsandMarkets, the global oilfield equipment rental market had an estimated value of $26.8 billion in 2014. Because rental equipment […]
Giving a Hand to One Who’s Given Back
Lana Cunningham “An optimist who charges ahead—that’s what leadership is about. And that is Curtis Mewbourne.” This description of Curtis W. Mewbourne by a University of Oklahoma professor underscores one of the numerous reasons for his selection as recipient of the Permian Basin Petroleum Association’s Top Hand Award, to be bestowed Jan. 28 at a […]
A Global Perspective
Colin Fenton, keynote speaker for the 2015 Annual Meeting of the PBPA, addressed the past, present and future of oil and gas—here and around the world. Colin Fenton, managing partner at Blacklight Research and Columbia University fellow, was the keynote speaker at October’s PBPA Annual Meeting. Hailing from the Ivy League, the corporate banking […]
The 2015 Border Energy Forum
On Oct. 16, the 2015 Border Energy Forum (BEF) concluded, following two days of intriguing speeches and panel presentations from some of the most prominent leaders across all platforms of the energy industry. The BEF is a bilingual event focused on fostering collaboration and conversation of the most efficient and technologically advanced uses of energy […]
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