by admin@hew-tex | Dec 14, 2017 | Hew-Tex, Uncategorized
Market Realist – By Keisha Bandz – Dec 14, 2017 | 9:43 AM Permian production forecasts In its November drilling productivity report, the EIA (U.S. Energy Information Administration) stated that oil production is expected to rise 58,000 barrels per day in...
by admin@hew-tex | Dec 14, 2017 | Hew-Tex, Uncategorized
Market Realist – By Keisha Bandz – Dec 14, 2017 | 9:43 AM Permian crude production by play According to the EIA (U.S. Energy Information Administration), Permian Basin production will increase to 4 million barrels per day by 2019. The Wolfcamp Midland and...
by admin@hew-tex | Dec 14, 2017 | Hew-Tex, Uncategorized
Market Realist – By Keisha Bandz – Dec 14, 2017 | 9:43 AM Permian rig counts In the latest US rig count report released by Baker Hughes (BHI), the number of active US rigs drilling for oil rose by two to 751 in the week ended December 8, 2017, compared to...
by admin@hew-tex | Dec 14, 2017 | Hew-Tex, Uncategorized
Market Realist – By Keisha Bandz – Dec 14, 2017 | 9:43 AM Permian productivity According to a report released by the EIA (U.S. Energy Information Administration) in July 2017, productivity in the Permian Basin in terms of new-well oil production per rig in...
by admin@hew-tex | Dec 14, 2017 | Hew-Tex, Uncategorized
Market Realist – By Keisha Bandz – Dec 14, 2017 | 9:48 AM Drilling and completion costs According to IHS Markit, there will be a 10% increase in the cost index for the Permian region by the end of 2017 (the base year is assumed to be 2000). Drilling costs...
