Permian Basin


All posts for Permian Basin

The Wolfcamp Play Has Been Key to Permian Basin Oil and Natural Gas Production Growth

Source: U.S. Energy Information Administration, based on DrillingInfo Increased oil and natural gas development in the Wolfcamp play has helped drive overall crude oil and natural gas production growth in the Permian Basin during the past decade. Drilling and completion operations within the ...

OilVoice Press - OilVoice


Posted 5 days agoOpinion > EIAEnergy Information Administration EIAUnited States +9

Oilfield Helping Hands Permian Basin Chapter to Host First Meeting Under New Leadership

Oilfield Helping Hands (OHH), a non-profit organization that helps oilfield families in financial crisis, will hold its first Permian Basin Chapter meeting under new leadership.  The informational chapter meeting will be held on December 12, 2018, at Anadarko's Midland, Texas, facility, located at ...

OilVoice Press - OilVoice


    12 Dec 2018


Posted 7 days agoEvent > OilfieldOHHOilfield Helping Hands +3

Analyst: 'Unloved' Oil & Gas E&P is 'Premier Permian Growth Story'

A Raymond James report made the case for revising its rating on this energy company. In an Oct. 22 research note, analyst Pavel Molchanov reported that Raymond James upgraded its rating on Occidental Petroleum Corp. (OXY:NYSE) to Strong Buy from Outperform to reflect the oil and gas compan ...

OilVoice Press - OilVoice


Posted 23 days agoOpinion > e&pNYSERaymond James +6

Arthur D. Little Analysis Finds Collaboration is Central to Unlocking Enormous Oil and Gas Potential of US Permian Basin

London, 17 October, 2018 – Arthur D. Little (ADL) today released analysis that highlights the vast potential of shale oil & gas extraction across the US Permian basin. Production in the area, which spans Texas and New Mexico, could reach 5.4 million barrels of oil equivalent (BOE) per day by 2023, ...

OilVoice Press - OilVoice


Posted 1 month agoPress > Arthur D. LittleOilgas +7

Texas Oil & Gas Company's Permian Wells Produce Encouraging Results

Amazing Energy Oil & Gas Co.'s (AMAZ:OTCQX) CEO, Willard McAndrew III, reported that the company achieved "effective" outcomes from recent drilling and completing of the new #30 well on its Permian Basin acreage using the open hole technique. "We are very encouraged by the results of our drilli ...

OilVoice Press - OilVoice


Posted 1 month agoOpinion > Texas Oil & GasAmazing Energy Oil & GasPermian +5

Pipeline Bottlenecks in Permian Can Easily Create an Oversupply of Sand Affecting Mine Revenues, Says GlobalData

Svetlana Doh,   Oil and Gas Analyst at GlobalData , a leading data and analytics company, offers her view on the impact on the upstream sector: “Rapidly growing sand demand in Permian is raising questions on whether there will be enough supply of proppant available. It is estimated that ...

OilVoice Press - OilVoice


Posted 1 month agoOpinion > pipelinePermian BasinPermian +2

MMEX Resources Corp. Announces its Reverse Split of Stock and Convertible Debt Buyback Program

FORT STOCKTON, TEXAS – September 17, 2018 – MMEX Resources Corp. (OTCPK: MMEX), a development-stage company focusing on the development of a 10,000 barrel-per-day (BPD) crude distillation unit and a full-scale crude oil refinery in Pecos County near Fort Stockton, Texas,  today announced it inte ...

Kristen Quinn


Posted 2 months agoPress > Fort StocktonTexasWest Test +5

Oil & Gas MLP Poised for Growth as It Transitions to C Corp

A Raymond James report highlighted the rationale for a positive view on this Texas-based entity. In an Aug. 16 research note, John Freeman, a Raymond James analyst, offered reasons to remain bullish on Kimbell Royalty Partners LP (KRP:NYSE) . The master limited partnership (MLP) owns and ac ...

OilVoice Press - OilVoice


Posted 2 months agoOpinion > Streetwise ReportsNYSERaymond James +6

Dr. Daniel Fine: Trump and Oil in Trade Geopolitics

Unlike 1973, and its oil embargo against the United States, there is no supply threat from the Middle East. Consequently, only a demand unknown moves the price of crude oil. Permian/Delaware has displaced the Middle East as a source and even Mexico imports U.S. production.  This has caused euphori ...

Will Fine


Posted 2 months agoOpinion > United StatesMiddle EastPermian +69

Appalachia, Permian, Haynesville Drive U.S. Natural Gas Production Growth

Source: U.S. Energy Information Administration, Drilling Productivity Report , Natural Gas Monthly , and Short-Term Energy Outlook Gross production of natural gas in the United States has generally been increasing for more than a decade and in recent months has been more than 10% hig ...

OilVoice Press - OilVoice


Posted 2 months agoOpinion > EIAEnergy Information Administration EIAAppalachia +8

Permian Pipeline Constraint Stalls Growth, Deferring US$1.4 Billion in Completion Spend

(Houston, USA) – Tuesday, 28 th  August 2018 – The world's most important oil growth region – the Permian Basin – will experience a setback with 345 completions likely to be deferred by the end of 2019 due to pipeline takeaway capacity constraints, according to a new US Drilling & Completion re ...

Victoria Roe


Posted 2 months agoPress > Permian BasinPipelineswestwood global energy group +1

Permian Production Decelerates, Waiting for Pipelines

The Permian Basin's rapid production growth is showing signs of deceleration, according to ESAI Energy's recent North America Watch. An evaluation of shale producers finds that while Permian basin operating costs in the second quarter have fallen about 6 percent on average from this time last year, ...

OilVoice Press - OilVoice


Posted 2 months agoOpinion > pipelinePermian BasinPermian +3

Rystad Energy: Diamondback Eyes Synergies in the Permian Basin with Energen Acquisition

US oil and gas producer Diamondback Energy's $9.2 billion acquisition of rival player Energen this week should generate significant synergies and improved overall production on operations in the prolific Permian Basin shale play, according to analysis by Rystad Energy. This deal, coming hot on the ...

OilVoice Press - OilVoice


Posted 3 months agoPress > Rystad EnergyDiamondbackPermian Basin +3

Why Four Experts Like this Small Cap Oklahoma STACK Play

The STACK oil and gas play in Oklahoma has caught the attention of the world's largest energy company, among many other large-cap producers, but investors can also find opportunity with a small-cap active in the area. While oil plays like the Permian Basin and the Bakken Formation have been ...

OilVoice Press - OilVoice


Posted 3 months agoOpinion > STACKOklahomaonshore +5

Coke, Meth And Booze: The Flip Side Of The Permian Oil Boom

By Tsvetana Paraskova for Oilprice.com The fastest-growing oil region in the U.S. is fueling not only the second American shale revolution—it's fueling a subculture of drug and alcohol abuse among oil field workers. The Permian shale play in West Texas is once again booming with drilling and i ...

Oilprice Staff


Posted 3 months agoOpinion > oilpricePermian BasinOil +4