Several years ago, I wrote on this topic of overtime and bonus pay for nonexempt employees, and I continue to have clients ask about these matters. This is super easy to understand if employers will take the time to review the Department of Labor's (DOL) webpage, review the easy-to-read Fact Sheets, listen to your Human Resource (HR) professional, and consult with an … [Read More]
Drilling Rigs: The Times Are Changing
While drilling rigs have been seen in nearly every corner of the Permian Basin for the last 100 years, it seems that the modern rig has become a fixture of today’s … [Read More]
2024 Outlook: Mixed, But Promising
In releasing its 2024 Outlook in January, Enverus researchers and prognosticators see a decline in the huge merger and acquisition frenzy of the previous year, and … [Read More]
Featured Story
Defying Expectations
The year 2024 is becoming a year when the prognosticators are being proven wrong. What do we mean by that? Let us count the ways. “World Oil Demand Outpacing Expectations” In a March 22 report from Bloomberg, we are told that the … [Read More]
New Mexico: Land of Contrasts
The oil and gas industry in New Mexico in 2024 is like a boxer who keeps taking hits, but remains standing. Some hits are glancing blows, and some are near misses. From legislative to legal to development of the southeastern corner of the state, there are … [Read More]
Top Flight Service
How much does Permian Basin oilfield activity affect Basin aviation activity? It's pretty much a direct, non-stop connection. According to Justine Ruff, director of airports at the Midland International Air and Space Port, “enplanements” are up … [Read More]