The discussion that follows was the luncheon presentation at the Sept. 23 meeting of the membership of the Permian Basin Petroleum Association, held at the Midland Country Club, in Midland, Texas. The proceedings were taped and this is an edited transcript of that event. PBPA President Ben Shepperd: We’re going to hear a conversation […]
Summaries of Key Oil and Gas Legislation
Prepared for Permian Basin Petroleum Association By Benjamin W. Sebree The Sebree Law Firm PLLC May 29, 2017 SIGNIFICANT LEGISLATION OF THE SESSION I. RAILROAD COMMISSION OF TEXAS HB 1818 House Author: Gonzales, Larry Senate Sponsor: Taylor, Van Relating to the continuation and functions of the Railroad Commission of Texas. Railroad Commission of Texas Sunset […]
Explaining the World
Thoughts on booms, busts, cycles, “MPG,” China, India, and the Next Big Thing. “If you can explain oil, you can explain the world.” So began Garrett Golding, vice president of the Rapidan Group, in his luncheon keynote address before the membership of the Permian Basin Petroleum Association on Feb. 22. Speaking in the banquet hall […]
The Price of Oil and Its Economic Impact on Texas
At the March 17 luncheon of the Permian Basin Petroleum Association, the luncheon speaker was Mr. James LeBas, former Chief Revenue Estimator for the Texas Comptroller’s Office and currently a tax and fiscal consultant. What follows is a transcript of his talk. [Editor’s Note:] PBOG Magazine attended this luncheon and prepared this report. Mr. […]
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 […]
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 […]
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 […]
Living By the Code
Don Evans was feted by a record-breaking crowd as he accepted his prestigious Top Hand Award. By Lana Cunningham | Photography by Curtis Routh/Gary Jefferson at LeaveTheCamera.com Donald L. Evans grew up in a world where he was influenced by not only his parents but also the television and movie hero Roy Rogers. After listening […]
(Too) Much Ado About Tremors
Just when you thought no other ugly issue could rear its head (e.g., lizards and chickens), we have, from the land of Senator Wendy Davis, claims that hydraulic fracturing is causing earthquakes. There is no disputing that there has been an increase in tremors registering as high as 3.6 in magnitude over the past three […]
A Test of the “Right to Pool”
In January of last year, the Court of Appeals for the First District of Texas issued an opinion that centered on surface use by an oil and gas operator. The Court of Appeals affirmed the lower court’s judgment, which found in favor of the surface owners, Will and Loree Hegar. The operator, Key Operating & […]