• Home
  • About Us
    • Audio Edition
    • Previous Issues
    • Submissions
    • Contact Us
  • Subscribe
  • Advertise
    • Audience
    • Editorial Calendar
    • Sizes & Specs
  • Jobs
    • View Open Positions
    • List Your Job

Permian Basin Oil and Gas Magazine

PBOG is the Official Publication of the Permian Basin Petroleum Association and is published monthly by Zachry Publications, LP.

  • News
  • PBPA
    • Legislative Matters
  • Business & Analysis
  • Service Articles
    • Automation, Controls and Measurement
    • Environmental, Safety and Training
    • Fracking, Frac Sand and Water
    • Infrastructure
    • Pipe and Pipe Service
    • Technology
    • Wireline and Testing
  • Legal Articles
  • Drilling Deeper
  • Permit Map

Natural Gas: What’s Next?

July 6, 2020 by PBOG

Can natural gas prices rise even in a generational downturn like the COVID-19 situation? Analysts including the U.S. Energy Information Administration (EIA) feel that prices were already so low that they had nowhere to go but up anyway. In the Permian Basin in particular, gas prices were artificially low due to takeaway constraints. Such constraints […]

Filed Under: Featured Article, Industry Analysis Tagged With: Natural Gas, permian basin, production

Cheniere, Freeport receive cancel orders for shipments of LNG

May 28, 2020 by PBOG

Cheniere Energy, nation’s biggest producer of LNG, received requests to cancel as many as 30 cargoes due for loading in July from buyers with long-term supply contracts, including shipments from Texas ports Sabine Pass and Corpus Christi. Bloomberg said Cheniere may also cancel some of its own cargoes that it sells in the spot market. […]

Filed Under: PBOG Newsletter, Producers and Exploration Tagged With: Freeport LNG Development, production

Crude production to decline in June to lowest levels since 2018

May 22, 2020 by PBOG

Crude oil production in seven major regions in U.S. is expected to fall to levels not seen since 2018 as operators respond to the price collapse and oversupply. Led by declines in Permian Basin, production next month is expected to fall by 197,000 barrels per day to 7.822 million b/d, according to U.S. Energy Information […]

Filed Under: Business & Analysis, PBOG Newsletter Tagged With: crude oil, permian basin, production

U.S. idles 385 of 793 rigs (49 percent) during 8 straight weeks of decline

May 7, 2020 by PBOG

During the eight-week decline in count of active oil and gas drilling rigs, U.S. operators have idled 385 rigs to fall from 793 rigs to 408 in Baker Hughes’ report of May 1. There have been seven-week declines in Permian Basin (down 199 rigs from 418 to 219), Texas (down 207 rigs from 408 to […]

Filed Under: PBOG Newsletter, Rig Count Reports Tagged With: Oil and Gas, permian basin, production, rig counts

Railroad Commission dismisses proposal to limit oil production in Texas

May 7, 2020 by PBOG

Railroad Commission of Texas decided this week that it will not require cutbacks in crude oil production by Texas operators to address depressed prices during global oil oversupply. Chairman Wayne Christian and commissioner Christi Craddick voted to dismiss earlier proposals to allow prorationing by Pioneer Natural Resources and Parsley Energy and commissioner Ryan Sitton. “This […]

Filed Under: News, PBOG Newsletter Tagged With: production, prorationing, Texas Railroad Commission

Gravity Oilfield Services ships storage tanks

May 7, 2020 by PBOG

Midland-based Gravity Oilfield Services said last week it shipped more than 1,000 storage tanks in recent weeks and has another 4,000 available to operators in Permian Basin, Eagle Ford and Haynesville. “As a result of the decline in their normal use for frac or mud tanks, we are making them available for crude oil storage,” […]

Filed Under: PBOG Newsletter, Trade Talk Tagged With: Crude Oil Storage, Oil and Gas, permian basin, production

Eddy (41 rigs), Midland (31) lead Permian Basin count from Baker Hughes

April 30, 2020 by PBOG

Midland County replaced Lea County, N.M., as Permian Basin’s No. 2 county in the April 24 rig count from Baker Hughes. Midland’s count was unchanged from the previous week with 31 rigs while Lea idled 9 rigs to fall to 29. Eddy County, N.M., remains the leader with 41 rigs. Other basin rig counts include […]

Filed Under: PBOG Newsletter, Rig Count Reports Tagged With: Baker Hughes, Drilling, permian basin, production, rig counts

Production of oil, gas to decline in each of seven major regions in May

April 30, 2020 by PBOG

U.S. Department of Energy forecasts declining production for both crude oil and natural gas in each of the seven major regions in May as supply continues to outpace demand and storage capacity amid the global coronavirus pandemic. Oil production is expected to decline by 183,000 barrels per day in May compared to April to 8.526 […]

Filed Under: PBOG Newsletter, Producers and Exploration Tagged With: crude oil, Drilling, Natural Gas, permian basin, production

Oklahoma agency approves emergency order, Christian backs “free market”

April 30, 2020 by PBOG

Oklahoma Corporation Commission approved an emergency order April 22 to allow crude operators to shut in money-losing wells. According to Oil & Gas Journal, the regulatory agency said operators and producers “may shut in or curtail production from wells where they determine such action is necessary and warranted to prevent economic waste” for 90 days […]

Filed Under: PBOG Newsletter, Producers and Exploration Tagged With: Oil and Gas, Oklahoma, production, Texas Railroad Commission

Marathon Petroleum idles refinery in Gallup, N.M.

April 24, 2020 by PBOG

Findlay, Ohio-based Marathon Petroleum said it idled its refinery in Gallup, N.M., April 15. Bloomberg said it’s the first U.S. facility to close because of the coronavirus pandemic. Bloomberg added, “It’s not likely to be the last.” Jamal Kheiry of Marathon said the refinery will maintain regular staffing levels while it is down and will […]

Filed Under: PBOG Newsletter, Rig Count Reports Tagged With: drilling rigs, Oil and Gas, permian basin, production

  • 1
  • 2
  • Next Page »

Subscribe to PBOG

Subscribe: Newsletter | Magazine

May 2025

May 2025

Read the most recent issue of PBOG on your computer, iPad, Kindle, phone or other electronic reader.

If you'd like to view our previous issues, click here.

PBOG Audio

Connect with us online.

Facebook spacer Twitter spacer LinkedIn
Privacy Policy

Cookie Policy

Permian Basin Oil and Gas Magazine

3457 Curry Lane
Abilene, TX 79606
325.673.4822
pbog@zacpubs.com

Search PBOG.com

© 2025 · Zachry Publications