Tag: hot
Uncovering the Permian Basin’s potentials and pitfalls – study
New report details infrastructure constraints as drilling prepares to ramp up In the latest instalment of its Fundamental Edge market outlook series, Drillinginfo has released an interim report on what has become the most watched oil and gas basin in the US, the Permian Basin in West Texas/Southeastern New Mexico. The Permian is arguably the hottest […]
Permian Basin acreage hotter than 4th of July in Midland; $20 Billion spent – IHS
Permian Basin M&A activity accelerates as companies seek profitability at current prices Driven by the potential for profit at current oil prices, oil and gas companies are clamoring for more acreage in the Permian Basin and its sub-plays, spending close to $20 billion year-to-date in 2016, according to new analysis from IHS Markit. The spending […]
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