Tag: Stephen Robertson

State of the oil patch: Permian Basin slowly ramping up for takeoff in 2017

Experts expect to see more E&P, service company bankruptcies before next boom starts Despite oil prices hovering in the mid-$40 range, the Permian Basin industry is shaking off two years of hibernation and readying itself for another upturn. The pace of activity has picked up noticeably of late. Apache announced on Wednesday a huge new […]