H.B. 1818 Passes on PBPA Day at the Capitol by Julie Anderson On March 28, 30-plus members of the Permian Basin Petroleum Association (PBPA) witnessed a “riveting debate on the House floor” over House Bill 1818 (H.B. 1818), reported Stephen M. Robertson, PBPA executive vice president. H.B. 1818, sponsored by Rep. Larry Gonzales, is otherwise […]
Broader Picture: January 2017
O&G news from beyond the Permian’s borders—news that, in some way, touches the Basin. Reports from EIA, GlobalData, and Platts EIA Nov. 16 A recently released report by the U.S. Energy Information Administration finds that planned refinery maintenance is not expected to adversely affect the supply of gasoline, jet fuel, and distillate fuel […]
Drilling Deeper: Spinning the Wheels
With a flurry of activity, both friendly and less-so, Basin operations are slowly but increasingly beginning to resemble the booming Basin we are used to. Energy is Priority for American Voters API President and CEO Jack Gerard highlighted the importance of American energy ahead of the first presidential debate. Gerard’s full remarks, as prepared […]
Broader Picture: Reports from EIA, Platts, and Global Data Nov 2016
Sept. 14 Current EIA estimates show DUC counts as of the end of August totaling 4,117 in the four oil-dominant regions (Bakken, Eagle Ford, Niobrara, and Permian) and 914 in the three natural gas-dominant regions (Haynesville, Marcellus, and Utica) that together account for nearly all U.S. tight oil and shale gas production. In the oil […]
New And Noteworthy: Nov 2016
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 hoist. Available in capacities ranging from 10 to 25 tons, the LodeKing […]
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 […]
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 […]