Permian Basin
-
The acquisition gives Enterprise’s natural gas and NGL business an entry point into the Midland Basin.
-
Even though total produced volumes are projected to hit new record highs in the coming years, treated water is expected to be comparatively lower than in the past, despite water disposal practices increasing oilfield seismic activity, with earthquakes nearly doubling in West Texas alone in 2021.
-
When it comes to produced water from US shale plays, it’s either recycle and reuse or throw it away—and both are easier said than done.
-
Selling reservoirs’ empty pore space may become a new, big business.
-
Operators will not be able to inject wastewater below 10,000 ft in the Gardendale area.
-
Methane continues to escape at a high rate from oil and gas operations in the Permian Basin, according to an aerial survey that detected major methane plumes from 40% of 900 sites that were measured.
-
The US government is looking to size up efforts related to leak detection and repair practices.
-
Totally automated drilling today looks like a robot doing all the heavy lifting on a drilling floor. By 2025, there may no longer be anything surprising about it.
-
For Pioneer, the deal marks its return as a pure-play operator in the Midland Basin side of the Permian region. For, Continental, it represents the first steps into the most productive shale play in the US.
-
As oil prices break through multiyear highs, the heartland of US onshore activity is nearing the record levels of output reached before the pandemic.