In Santa Fe, The Bull Ring mixes the business of oil and gas with the pleasure of great food. The first thing you need to know about Santa Fe, New Mexico’s The Bull Ring is this: “It’s a place to see and be seen,” says Steve Henke, president of the New Mexico Oil and Gas […]
Radiating Reliability
By Al Pickett, special contributor Up Hobbs way, a radiator magnate is paying it forward as he and his charges keep their clients’ motors cool and collected. When Permian Radiator Service and Supply broke ground on a new building recently in Hobbs, N.M., it was just another example of the impact that the booming oil […]
Drilling Efficiency
Drilling efficiency is the phrase on everyone’s lips, as the bar keeps getting set higher and higher. Industry observers weigh in on getting the most drilling done in the least time for the least money. Reducing drilling costs is an everyday topic in the oil patch and there is no simple answer. Is that site […]
Legislative Sessions
With the start of a new year, elected officials in Texas and New Mexico can begin digging into legislative issues instead of election infighting. Unlike previous years when the energy industry came under fire in both states concerning regulations or the commission that regulates its activities, 2013 is a year when experts are predicting relatively […]
The Vitality of the Independents
America has not fully grasped what has happened in the hinterlands of domestic energy, where old fashioned American ingenuity has achieved one of its greatest triumphs. In our first installment, we took up the idea that it wasn’t the major oil companies who re-invented the oil and gas industry—it was the independents, mainly in the […]
The Essential Element
Water, the universal solvent, the element that puts the “hydraulic” in hydraulic fracturing—this force of nature that also is a force that drives oil and gas exploration and production—is the hottest commodity in the industry. The No. 1 issue facing the Permian Basin today is not jobs or the economy. It is water. With drought […]
The Hands-Off Approach
Automation and remote monitoring are redefining the industry. As David Savells remarked, there is a saying in the oil and gas industry that “there is no way to recover lost production.” “If you lose two or three days of production, there is no way to make it up,” he observed. “That is why it […]
Economic Summit
The numbers out of Texas tell a story of economic prosperity. Number One exporting state. Extremely low unemployment rate. A leader in oil and gas production. In a presentation where seldom was heard a discouraging word, about the only washout was the state’s 40-year low in the numbers of cattle—a decline attributable to the extended […]
The Cline Beckons
Those living on the far eastern side of the Permian Basin have watched with interest as activity has surged in recent years with the development of the vertical, multi-zone Wolfberry play in the heart of the Basin. With the Midland-Odessa area enjoying remarkable growth, cities on the eastern shelf of the Permian Basin, such as […]
Everyone Wins: Area oil and gas company employees find satisfaction and purpose in donating their time and resources to worthwhile local causes.
“We live here. We make a living here. We need to give back to the community.” With those words Alan Means summarized the attitude and philosophy of many companies located in the Permian Basin. Some firms raise money to help numerous nonprofit organizations. Others send employees to volunteer their time and expertise. And other […]
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