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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
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Riding the 2020 Emotional Rollercoaster

August 10, 2020 by PBOG

Well, at the end of June, nearing $40/bbl for the price of oil sure feels better than nearing $10/bbl. While it’s not the $55/bbl that we enjoyed pre-“Double Whammy,” (Covid-19 and Price War) it is much better than we experienced in the month of May, when realized prices for many were in the $17/bbl range […]

Filed Under: Featured Article, From the Chairman, PBPA Tagged With: covid-19, Oil and Gas, PBPA, Saudi-Russia price war

Navigating a Twofold Crisis

May 4, 2020 by PBOG

You have to like a guy who does the thing that gives people a measure of hope. Just when the grimness of the colossal price drop in crude oil was deflating people’s outlook for their economic future, someone did something uplifting. Kirk Edwards published an “Open Letter to President Trump” in the Odessa American on […]

Filed Under: Business & Analysis, Featured Article, PBPA, The Financial Picture Tagged With: Financal, Oil and Gas, PBPA, permian basin, Saudi-Russia price war

Nowhere to Go: Oil Cuts Loom

May 1, 2020 by PBOG

IHS Markit expects up to 10 MMb/d of world oil production will be cut or shut-in from April to June 2020 as oil storage fills up and output from financially strapped companies begins to fall. If oil cannot be sold or stored, it cannot be produced. Transportation constraints and lack of access to every available […]

Filed Under: Business & Analysis, Drilling Deeper, News, The Financial Picture Tagged With: Oil and Gas, oil production, permian basin, Saudi-Russia price war

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