by Hanaba Munn Welch By another name, highways are arteries. The truck traffic that flows over them is the lifeblood of the economy, carrying goods and services in every direction. When the big rigs are rolling across America, the economy is rolling too. Trains and planes and barges also carry the stuff of […]
Native Grasses: A Reclamation and Remediation Natural
by Jesse Mullins Permian Basin Oil and Gas Magazine visited with Forrest Smith, Dan L. Duncan Endowed Director of South Texas Natives and Texas Native Seeds, recently to learn about his agency’s pioneering efforts in restoration of damaged or disturbed grounds where wells have been drilled, right-of-ways have been cleared, or other oil-and-gas related […]
Call Kinley
When all other hope was gone, “Call Kinley” was the call that went out. Myron Kinley, the man who taught Red Adair how to fight fires, was an oil well firefighter of considerable repute himself. by Bobby Weaver On May 12, 1978, at Chickasha, Okla., a soft-spoken huskily built man of medium […]
First Quarter Earnings Reports
Financial and operating results for the quarter ended March 31, 2016, for selected Permian Basin-based or Permian Basin-active oil and gas (and related) firms. Azure Midstream Partners Azure Midstream Partners, LP (NYSE: AZUR) announced financial and operating results for the three months ended March 31, 2016. Adjusted EBITDA for the first quarter 2016 […]
Crossroads
New Mexico, reeling from the hard knocks of 2014-2016, takes stock of its current O&G industry and awaits—and readies for—the politics yet to unfold. by Tony Burke The Permian Basin is large. It stretches approximately 200 miles wide and 300 miles longitudinally. The basin rests, substantially, beneath two states. The grand industry […]
New And Noteworthy
Fresh offerings of products and services for the oil and gas set. Push-In Foam Earplug Honeywell (NYSE:HON), on Apr. 6, announced the Howard Leight TrustFit Pod push-in foam earplug that provides workers with properly fitting ear plugs to protect against noise-induced hearing loss (NIHL). Research shows that half of all industrial workers experience […]
Broadened Horizons: WTI Crude’s Comeuppance
Observers expound on what the recent lifting of the crude oil export ban could mean to the U.S. energy climate. Julie Anderson On Dec. 18, 2015, the United States of America lifted a 40-year-old ban on exporting crude oil, put in place in 1975 in response to the Arab oil embargo. While the […]
Drilling Deeper: Relax And Get Yourself Right
When times get tough, sometimes you just can’t help but roll with the changes. If only those pesky regulatory bodies would relax with you… These are the full versions of the “Drilling Deeper” news items that appeared as abbreviated versions in the print edition of PBOG’s June 2016 issue. Hess is Oil’s Best “Corporate […]
The Broader Picture: June 2016
Where we share some O&G news from beyond the Permian’s borders—news that, in some way, touches the Basin. EIA Apr. 25 Above-normal temperatures during the 2015-16 winter were a key factor in lowering heating demand and winter fuel expenditures. Compared with the 2014-15 winter, propane and heating oil demand decreased by 16 percent and […]
Adaptation, Diversification & Hunting
Oilfield service companies come in all shapes and sizes. While competition is most certainly fierce, it may also be fair to say that no two service companies are exactly alike. They are far-ranging in size, in scope, and in their offerings. Separate from active drilling operations, but practically indispensible to the practice of drilling, service […]
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