Permian Basin

Finding water for hydraulic fracturing and then finding a use for it when it flows back are critical engineering problems to solve in the booming Permian Basin.

Former US Commerce secretary and energy executive Don Evans will lead a partnership of oil and gas firms that have pledged $100 million toward easing the civic strain of the shale oil and gas boom in West Texas and New Mexico.

Water management for unconventional projects continues to evolve at a rapid pace. What are some of the universal trends industry is adopting to handle higher produced water volumes and increased demand, and how do local dynamics impact the adoption of these trends?

ProPetro closed its deal to purchase Pioneer’s pressure pumping fleet, boosting its services in the Permian Basin.

Oil prices have fallen since early October in lockstep with the plunge in 2014. But this time oil companies appear better able to deal with a tough situation.

Producers in Texas have claimed an economic victory with their transition to local sands that they once avoided using in horizontal wells due to their low-quality.

2018 has seen a wave of shale deals that are consolidating the landscape. While this one could be among the biggest, it is not yet final.

Slumping oil prices may throw a wrench into a positive outlook for the global oilfield services and equipment industry. Even if prices rebound, complications in the US fracturing market—and elsewhere—are expected to persist.

Production and proved reserves in the Permian Basin’s Wolfcamp Shale and Bone Spring Formation are reaching new heights, and a new assessment from the US Geological Survey indicates the industry is just scratching the subsurface when it comes to what may be technically recoverable.

Companies are bringing satellite monitoring to the unconventional oilfield—namely the Permian Basin—where they are training machine learning models to track and predict drilling and completions work.