Permian Basin


All posts for Permian Basin

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 8 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 8 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 9 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 9 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 9 months agoOpinion > oilpricePermian BasinOil +4

Permian Region Natural Gas Prices Fall as Production Continues to Grow

Source: U.S. Energy Information Administration, based on Natural Gas Intelligence The natural gas spot price spread between the Permian Basin, as priced at the Waha Hub in western Texas, and the U.S. national benchmark Henry Hub in Louisiana has grown considerably in the past year. Natural gas ...

OilVoice Press - OilVoice


Posted 10 months agoOpinion > EIAEnergy Information Administration EIAUnited States +7

Xedia Announces Sale and Expands Capabilities as Blackbuck Resources

Xedia Announces Sale and Expands Capabilities as Blackbuck Resources Blackbuck Resources receives significant equity commitment from Cresta Energy Capital HOUSTON - Xedia Process Solutions (XPS) today announced it has been acquired by Blackbuck Resources, LLC ("BBR"), a newly formed midst ...

Kristen Quinn


Posted 10 months agoPress > AcquisitionmidstreamPermian +3

MMEX Resources Corp. Enters into Solar Power Plan for its Refinery Project

MMEX Resources Corp. enters into Solar Power plan for its Refinery Project MMEX forms solar power sub, MMEX Solar Resources, for its refinery projects in Pecos County, Texas FORT STOCKTON, TEXAS – July 9, 2018 – MMEX Resources Corp. (OTCPK: MMEX), a development-stage company focusing on t ...

Kristen Quinn


Posted 10 months agoPress > TexasTexas Oil and GasPermian +4

Dr. Daniel Fine: Oil – Before and After the November Election

The Trump Administration is moving towards less royalty rates on Federal land leases, less Bureau of Land Management discretion on Environmental Protection Act obstruction on the Application for Petroleum Drilling process, less coal and nuclear power generation decline, and less oil supply confiden ...

Will Fine


Posted 10 months agoOpinion > Ryan zinkeDonald TrumpPresident Trump +66

Best Performing Wells in Permian Break-Even at as Low as US$22 per Barrel

During the last three years, companies operating in the Permian basin have drilled much longer laterals and used substantially more complex well completion design in their newer wells with the aim of reaching higher initial production (IP) rates. Well lateral lengths in the Permian have increased i ...

OilVoice Press - OilVoice


Posted 10 months agoOpinion > GlobalDatawellPermian Basin +3

Increased Permian Production Helped US Crude Levels Surpass Forecasts

Kayrros global field monitoring revealed aggressive growth in the Permian Basin in March 2018, which will likely reduce its capacity problems sooner than expected.  Texas oil production grew in March 2018 largely driven by the Permian Basin, although the Eagle Ford also ...

Kayrros


Posted 11 months agoOpinion > Oil and GasOilgas +9

Private Operators are Stepping Up in the Permian

In the Permian Basin , arguably the most important driver of oil production growth in North America, a puzzling trend is developing. As the basin experiences acute service-side bottlenecks and takeaway capacity concerns, activity levels continue to rise as does interest from private operators . ...

OilVoice Press - OilVoice


Posted 11 months agoOpinion > Rystad EnergyPermian BasinNorth America +5

Fine: No Such Thing As 'Free Trade' With OPEC as a Cartel

Among some speakers at the 2018 Four Corners Oil and Gas Conference last month in Farmington there were evasive positions on the future of OPEC. Also, previous online or media positions of “free trade” were muted to be popular with the oil, gas and equipment operators who made up those in attendanc ...

Will Fine


Posted 11 months agoOpinion > Kingdom of Saudi ArabiaSaudi Arabiasaudi +68

Nostra Terra - Permian Basin - C8 Operations Update

Permian Basin - C8 Operations Update  Nostra Terra (AIM:NTOG), the oil and gas exploration and production company with a portfolio of assets in the USA and Egypt, announces that it has shut down operations at the C8 Well ("C8"), having unexpectedly encountered a high pressure inflow of salt wate ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Nostra Terra Oil & GasPermian BasinAIM

Nostra Terra - Permian Basin G6 Well - Total Depth and Results

Permian Basin G6 Well - Total Depth and Results   Nostra Terra (AIM:NTOG), the oil and gas exploration and production company with a portfolio of assets in the USA and Egypt, is pleased to announce that its G6 well located in Mitchell County, Texas in the Permian Basin, has been successfully ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Nostra Terra Oil & GasPermian BasinAIM