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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.

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Ingham’s Texas Petro Index posts second largest decline since 1995

June 18, 2020 by PBOG

Texas Petro Index from Texas Alliance of Energy Producers declined sharply in April from the previous month “as the state’s oil and gas economy began to register the full effects of covid-19, the Saudi-Russian price war and the resulting economic shutdown.” The index fell to 171.0 in April from 181.9 in March; the 10.9 drop […]

Filed Under: PBOG Newsletter, The Financial Picture Tagged With: covid-19, Saudi-Russian price war, Texas Petro Index decline

The Ones in the Middle

May 11, 2020 by PBOG

With the slowdown in drilling due to several issues, including quarantines related to the coronavirus, combined with frantic construction of pipelines over the last four years, pipeline shortages may soon be over. A trade agreement with China, which had promised to jumpstart petroleum exports to that country, has been dampened by that same virus due […]

Filed Under: Business & Analysis, Crude Marketing and Midstream, Featured Article, Industry Analysis, Trade Talk Tagged With: midstream, Natural Gas, Oil and Gas, Permian Basin oil industry, Saudi-Russian price war

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