There is no oil and natural gas producing region in the world more dynamic than the Permian Basin. The area has been a mainstay of U.S. production since the 1920s. Every time industry experts begin to think the region has finally played out, new technology comes along, and the basin comes roaring back, bigger and better than ever.
Steadfast in nature, the Permian is an icon of optimism and perseverance, so there is no better setting for an event dedicated to showcasing the trends and advancements that are driving the nation to record production and energy independence.
The Permian Basin International Oil Show is a three-day gathering of producers, service companies, investors and innovators, where ideas are exchanged, friendships are made and deals are born.
A biennial event since the end of World War II, the oil show has grown to represent the very fabric of a great industry. It serves as an international marketplace, where hundreds of booths and exhibitors fill the Ector County Coliseum. Whether an executive, an engineer, a geologist or an operator in the field, the Permian Basin International Oil Show has something for everyone.
This world-wide event began humbly in 1940 as the "Little International Oil Show" with a mere 35 exhibits in the then boomtown of Odessa, Texas. The Show lasted two years before World War II intervened. Then, in 1950, oilmen from around the Permian Basin revived the project. The group formed a non-profit corporation and The Permian Basin Oil Show, Inc. was established. The show was presented again in October 1952 and has been held every two years, on the even numbered years, since that time. Because of the growing interest of foreign exhibitors and attendees, the name was changed in 1994 to The Permian Basin International Oil Show, Inc.
The 2018 Permian Basin International Oil Show, Inc. will have over 700 Oil & Gas related companies exhibiting in 1,167 spaces. Over the years the show has grown not only in size but in importance as well. Having survived the booms and busts, industry slumps and slow-downs, wars and embargoes, the Permian Basin International Oil Show, Inc. is still one of the largest Petroleum Expositions in the world today.
Chairman of the Board and CEO Concho Resources
Images courtesy of the Midland Reporter Telegram