Permian Basin

Is it possible to fracture a well using power off the grid? The answer is yes, but sharp electric engineers are required.

The two-well stimulation approach is delivering big savings to first adopters. A new report from Rystad highlights how the development is taking shape.

The Houston-based oil and gas company has expanded its footprint in the liquids-rich Permian by more than 550,000 acres.

On a pro forma basis the newly combined oil company is expected to have an output of around 280,000 B/D, making it one of the top producers in the Permian Basin.

A trio of field studies recently presented at the 2020 SPE Annual Technical Conference and Exhibition highlights in different ways how emerging technology and old-fashioned problem solving are moving the industry needle on proppant and conductivity control.

The complete paper uses 3,782 unconventional horizontal wells to analyze the effect of proppant volume and the length of the perforated lateral on short- and long-term well productivity across the Permian Basin.

The two deals have a combined valued of $3 billion and involve more than 81,500 acres in the Midland Basin of Texas.

While it is one of the top producers of liquid hydrocarbons in the US, New Mexico is also among the driest. The issue has culminated in a restriction on new freshwater leases issued by the state and a push for more recycling of produced water.

The last growing market of US land services, water disposal, is set for an all-time high in the Permian.

What is to become the largest shale producer in the Permian Basin is stepping up its efforts to curb emissions and has shared new details in its annual sustainability report.