By the time this issue circulates, the New Mexico Legislature will be more than halfway through its 30-day Legislative Session. Whether that lawmaking occasion will produce or amend any oil and gas legislation is a question on the minds of some, but answers won’t be clear until the proceedings are well under way. By Feb. […]
From the General Counsel: A Matter of Balance
The Eleventh Court of Appeals, located in Eastland, Texas, recently dealt with an issue I tend to avoid, if I can, in these articles: the seemingly never-ending dispute between the respective rights of surface owners and oil and gas operators. In this unique case, the operator, Southwest Royalties, Inc. (SRI), sued the surface owner, Mr. […]
From the Chairman: The Place to Be
As I look out the window at a bluebird sky in Midland, I breathe a satisfied sigh of relief that October has passed as I participated in four conferences: NMOGA in Santa Fe, the Executive Oil Conference in Midland, Pine Brook Road Partners’ Annual Investor Conference in New York, and the Permian Basin Petroleum Association […]
From the President: Positive Developments
This year’s PBPA annual meeting was a tremendous success, by all accounts. I want to thank all of you for attending and give a special thanks to our sponsors and speakers. As we heard from both our elected officials and our CEO panelists, the Permian Basin is the place to be economically and should remain […]
Stay Engaged
If there was such a thing as a theme for our annual meeting, those two words probably summed it up as well as anything. By Jesse Mullins | Bobbie Cupell contributed to this article. Given the rich panoply of presentations—the panels, the educational sessions, the featured speakers—that comprised the program of the Annual Meeting of […]
PBPA Matters: Well Spoken
Attendees to the October luncheon of the PBPA heard from four individuals who have strong interests in this energy-rich region. When the Permian Basin Petroleum Association gathered for its monthly luncheon at the Petroleum Club of Midland on Sept. 19, the usual fare of steak-dinner-with-guest-speaker-on-the-side was supplanted with steak-dinner-with-four-guest-speakers-on-the-side, as attendees were treated to a […]
Mounting Challenges
Permian Basin activity remains strong throughout the Basin and that makes the work we do here at the PBPA all that much more important. The issues keep coming at us and the Board and I are committed to doing what it takes to keep folks drilling and producing for years to come. PBPA continues to […]
Annual Meeting Preview: Mark It Down
The 51st Annual Meeting of the Permian Basin Petroleum Association is slated for Oct. 23-24, with the traditional Icebreaker Reception to be held on the evening of the 23rd at the Petroleum Museum and the full session of Kickoff Breakfast, Technical Sessions and Luncheon—including speakers—to be held on the 24th at the Petroleum Club in […]
Taking Time for What Matters
In the rush of daily affairs, it is easy to avoid dialogues with peers and industry advocates—but sometimes those conversations are the most productive ones we can have, and the most beneficial for our industry. As I reflect upon the week passed, one filled with meetings with impressive political candidates and Texas Railroad Commissioner Christi […]
From the General Counsel: The “Wash-Out” Debate
Lessees who pay overriding royalty interests are obliged to continue honoring those ORIs with every lease renewal or extension, without exception. Or are they? That’s now a question for the state’s Supreme Court. Do pesky overrides give you issues? The Supreme Court may soon provide a solution to that particular problem. The high Court has […]