Permian Basin

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.

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.

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.

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.

The pipeline system will have the initial capacity to deliver 150,000 B/D of crude oil to multiple delivery points, accessing local refineries and connecting to several downstream pipelines.

A growing sector of water midstream companies is in the Permian Basin looking to take advantage of a business opportunity borne out of rising produced water volumes. Billion-dollar valuations for these companies in the near future could become a reality.

Frac water disinfection experts become De Nora service arm in the unconventional oil and gas market.

The US majors plan to produce around 1 million BOE/D each from the basin, which has become a primary focus of their upstream operations.

Operators in the Permian Basin are looking for new ways to handle the rising volumes of produced water coming out of the region without using saltwater disposal wells. One solution, treatment for discharge, could provide an efficient alternative.

Noble’s first row of wells in its massive Mustang project is helping increase the operator’s DJ Basin output, and similar results are soon expected in the Delaware Basin.