PBIOS - October 2021 - 158
History
Welcome to the 2021 Permian Basin International Oil
Show. We are glad you are taking part in one of the oil
and natural gas industry's largest and oldest exhibitions.
During the next few days, you will have opportunities to
engage with almost 800 exhibitors. You can explore over
1,100 booths set up across the Ector County Coliseum.
This year's show will highlight technological trends and
innovations along with the growing call for environmental,
social and governance programs.
The oil show could not be held in a more iconic
region than the Permian Basin. It was first explored by
industry pioneers in the 1920s and has survived many
cycles of booms and busts over several decades. Some
industry onlookers have diminished the Permian's importance over the years, thinking the region's
reserves finally had been depleted, but advanced technology has revived the basin repeatedly, most
recently through the application of horizontal drilling and hydraulic fracturing.
Meanwhile, the oil show has grown not only in size but in importance. Having survived the booms and
busts, industry slumps and slowdowns, wars and embargos, and a global pandemic, the Permian Basin
International Oil Show's success has earned it recognition as " one of the world's largest inland petroleum
expositions. " The 2021 show is no different. A severe market slump that has challenged the industry for
more than two years has not weakened the industry's spirit to adapt, survive and innovate. In light of recent
challenges and the industry's optimistic view of the future, the theme of the 2021 show is " Celebrate Our
History. Embrace Our Future. "
Every other year, the oil show attracts attendees to Odessa
from every facet of the industry. Leaders come from
around the world to learn about the latest technology
and the newest equipment. They come to reunite with
old friends and to connect with new business colleagues.
This worldwide event, which in 1940 was known as the
" Little International Show, " lasted only two years before
World War II intervened. Following the war, ambitious
and energetic oilmen from around the Permian Basin
revived the project. By 1950, the oil show was back up
and running. Unlike many exhibitions, the Permian Basin
International Oil Show is a nonprofit venture dedicated to
educating both office and field professionals of the oil and natural gas industry. Run by oilmen for oilmen,
the show's mission is unwavering, and its dedication to this educational goal is the single most important
factor in its overwhelming success.
The Permian Basin International Oil Show not only showcases the very latest technology, it also honors the
industry's past. A working cable tool rig operates daily on the show grounds, surrounded by trucks and oil
field equipment from the 1930s, which was a key growth period for the Permian Basin.
As in years past, attendance is limited to industry professionals for all three days of the exhibition.
From Oct. 19 through Oct. 21, the oil show is a huge marketplace and international convention with
something for everyone, whether they are chief executives, engineers and geologists working at corporate
headquarters or they are lease operators and contractors in the field.
The 2021 oil show is more diverse and exciting than ever, and all in attendance will agree that what started
in 1940 with 35 exhibitors continues to grow, reflecting the spirit of a resilient industry in one of the world's
most resilient producing regions-the Permian Basin. We are glad you are here.
158 THE AMERICAN OIL & GAS REPORTER
PBIOS - October 2021
Table of Contents for the Digital Edition of PBIOS - October 2021
Table Of Contents
PBIOS - October 2021 - Intro
PBIOS - October 2021 - Cover1
PBIOS - October 2021 - Cover2
PBIOS - October 2021 - 3
PBIOS - October 2021 - Table Of Contents
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PBIOS - October 2021 - 18A
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PBIOS - October 2021 - 18D
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PBIOS - October 2021 - Cover3
PBIOS - October 2021 - Cover4
https://www.nxtbook.com/nxtbooks/aogr/202501
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https://www.nxtbook.com/nxtbooks/aogr/202111
https://www.nxtbook.com/nxtbooks/aogr/pbios_202110
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https://www.nxtbook.com/nxtbooks/aogr/pbios2016_programguide
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https://www.nxtbook.com/nxtbooks/aogr/201112
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