by admin@hew-tex | Jan 30, 2018 | Hew-Tex, Uncategorized
Exxon Mobil aims to triple its production of oil and chemical feedstocks in the Permian Basin to 600,000 barrels of oil equivalent by 2025. The Permian has been the epicenter of the rebound in U.S. drilling in recent years following a protracted price slump. Exxon...
by admin@hew-tex | Jan 26, 2018 | Hew-Tex, Uncategorized
forbes.com | Claire Poole , CONTRIBUTOR Opinions expressed by Forbes Contributors are their own. Ask anyone in the oil and gas industry about what’s hot these days and chances are good they’ll tell you the Permian Basin in West Texas and New Mexico....
by admin@hew-tex | Jan 26, 2018 | Hew-Tex, Uncategorized
OilPrice.com | By Robert Rapier – Jan 22, 2018, 2:00 PM CST Boomtown Last week, my day job took me to the Permian Basin. A colleague and I arrived late at night at our hotel in Fort Stockton, Texas. The hotel parking lot was full. The vehicles in the parking lot...
by admin@hew-tex | Jan 24, 2018 | Hew-Tex, Uncategorized
By Lauren Tropea | Posted: Tue 8:29 PM, Jan 23, 2018 MIDLAND — It’s a billion dollar business and it also happens to be the epicenter of the Permian Basin – the oil and gas industry. Click on image above for video Take, for example, the three largest oil and gas...
by admin@hew-tex | Jan 18, 2018 | Hew-Tex, Uncategorized
SeekingAlpha.com: Forge River Research – Jan. 18, 2018 9:44 AM ET Long/short equity, hedge fund manager, CFA, oil & gas Summary Drilled But Uncompleted (DUC) wells end 2017 at 7,493, up 37.4% versus ending 2016 and up 2.1% (156 wells) from November...