by admin@hew-tex | May 9, 2018 | Hew-Tex, Uncategorized
MSN.com : CNN : Matt Egan President Donald Trump chose a dicey time to crack down on Iran, the world’s fifth-biggest oil producer. Global oil supplies were already getting tight before Trump vowed on Tuesday to exit the Iran nuclear deal and impose...
by admin@hew-tex | Apr 30, 2018 | Hew-Tex, Uncategorized
Forbes.com : Business : Wood Mackenzie , Contributor : APR 30, 2018 @ 04:38 AM Motives for both the tight oil ‘haves’ and ‘have nots’ The best accessible upstream growth opportunity in fifty years? US tight oil. Correction: the Permian Basin. Second correction: the...
by admin@hew-tex | Apr 27, 2018 | Hew-Tex, Uncategorized
Nasdaq : AOL Network – April. 26, 2018 Apr.26 — Selling more than two million barrels a day of U.S. crude overseas may soon be the new normal. The U.S. sent out record amounts of crude to foreign destinations last week, with domestic output hitting an...
by admin@hew-tex | Apr 24, 2018 | Hew-Tex, Uncategorized
Bloomberg: Markets By Jessica Summers and Sheela Tobben April 24, 2018, 10:50 AM MDT The Permian shale play is all about setting records. Now, the region will probably become the world’s largest oil patch over the next decade. Output in the basin is forecast to reach...
by admin@hew-tex | Apr 18, 2018 | Hew-Tex, Uncategorized
World Oil: Jim Redden, Contributing Editor Soaring drilling, production block out irritants The storied wide open spaces of West Texas aren’t so much these days. Despite an aerial reach of more than 75,000 mi2, overlaying up to 12 prospective zones, the growing...
by admin@hew-tex | Mar 28, 2018 | Hew-Tex, Uncategorized
Matt Zborowski, Technology Writer | 28 March 2018 Journal of Petroleum Technology Concho Resources has agreed to acquire RSP Permian in an all-stock deal valued at $9.5 billion including $1.5 billion in RSP debt. The move is expected to make Concho the Permian Basin’s...
