Permian Basin
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Oilfield flares are a bright indicator of rapidly rising oil production that exceeds pipeline capacity. And it raises the question: Why are oil companies in such a hurry?
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Sabine Pass Train 6 gets the nod, Bechtel gets the go-ahead for construction. Apache Corp. signed a deal with Cheniere to supply natural gas produced from its Permian Basin Alpine High area to the Corpus Christi LNG facility
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This paper presents a factory-model approach to improving CT drillout performance that has been used successfully for more than 3 years and has become standard practice.
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Carlsbad, New Mexico, residents are experiencing health effects, but the science behind their woes lags behind the pace of drilling.
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If the benchmark oil price is $10/bbl higher than the breakeven price for production that means companies are making good money, right? Maybe, but it’s hard to know what goes into a breakeven price.
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Petrobras says it can produce oil for a lower break-even price than onshore shale plays, including the Permian Basin. Brazil’s offshore sector has cut the cost of deepwater production but comparisons based on break-even prices are slippery.
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The production of oil and natural gas in West Texas is booming, but it’s coming at a cost to residents who are regularly exposed to unhealthy levels of air pollution, according to a report issued by an environmental group.
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Houston-based Surge Energy drilled the Medusa Unit C 28-09 3AH well in the Midland Basin to a TMD of 24,592 ft, with a total horizontal displacement of 17,935 ft, or 3.4 miles.
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While some try to put the two enormous oil producers toe-to-toe, the best thing to do might be to understand why they are different.
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Oilfield wastewater disposal volumes are expected to double in the Permian Basin within the next 2 to 3 years, a new analysis from global energy intelligence firm Wood Mackenzie shows.