by admin@hew-tex | Dec 6, 2018 | Hew-Tex, Uncategorized
Dec. 6, 2018 4:43 PM ET | By: Carl Surran, SA News Editor The Permian’s Delaware Basin, the less drilled part of the giant oil field, holds more than 2x the amount of crude as its Midland Basin sister field, according to new data from the U.S. Geological Service. The...
by admin@hew-tex | Dec 6, 2018 | Hew-Tex, Uncategorized
Worldoil.com: By JAVIER BLAS on 12/6/2018 VIENNA (Bloomberg) — America turned into a net oil exporter last week, breaking 75 years of continued dependence on foreign oil and marking a pivotal — even if likely brief — moment toward what U.S. President...
by admin@hew-tex | Dec 1, 2018 | Hew-Tex, Uncategorized
Emily Querubin, World Oil Despite a few recent snags, Permian basin production should continue its upward trend through 2019. The prolific Permian basin, which stretches across much of West Texas and southeastern New Mexico, continues to lead the U.S. shale expansion....
by admin@hew-tex | Jun 19, 2018 | Hew-Tex, Uncategorized
World Oil : By KELLY GILBLOM on 6/18/2018 LONDON (Bloomberg) — Shale oil hasn’t always been Royal Dutch Shell Plc’s best friend, but they’re working on the relationship. Shell is said to have bid, with partner Blackstone Group LP, on a portfolio of U.S. shale...
by admin@hew-tex | Jun 13, 2018 | Hew-Tex, Uncategorized
Output from the Permian basin is poised to double between 2017 and 2023, according to IHS Markit. At 5.4 million barrels per day, Permian production would surpass output from all other producer nation’s except Saudi Arabia and Russia. IHS Markit believes the...
by admin@hew-tex | May 10, 2018 | Hew-Tex, Uncategorized
The Motley Fool: Matthew DiLallo: May 2, 2018 at 10:31AM The oil giant bounces back from a rough end to 2017 thanks to the help of an absolute gusher in the Permian. While Devon Energy (NYSE:DVN) limped into 2018 after running into some production problems at the end...
