Tag Archives: Permian Basin
A new study suggests oil production in the Permian Basin could peak as early as 2021 due to geological constraints. This was the downside scenario gamed out by researchers with industry intelligence company Wood Mackenzie. “We’re going to drill really … Continue reading
More than 500 miles from the flooding in Houston, oil fields in the Permian Basin are dry – but that doesn’t mean that they won’t feel the impact of Hurricane Harvey.
By Caroline Halter The Trans-Pecos pipeline is complete, but Mexico is struggling to get companies to bid on capacity for it and others carrying natural gas across the border.
There’s a natural resource sitting above ground in oil-rich West Texas that’s in high demand this summer. Millions of tons of it, in fact. A field of sand dunes extends 200 miles in a crescent from New Mexico through the … Continue reading
Corpus Christi Port Ramps Up After Crude Oil Export Ban Lifted: New Pipelines Proposed Linking Permian Basin To Port
CORPUS CHRISTI, Texas -A surge in production in the Permian Basin of west Texas, already the nation’s highest producing oilfield, is extracting more crude oil than refiners in Texas can handle. But now, producers in the Permian have new outlets for that oil with economic … Continue reading
By Caroline Halter To predict production levels in the Permian Basin, energy analysts often look at the number of rigs in the area. It’s a simple formula: when rig count goes up, they expect output to follow. But, a number … Continue reading
Almost a decade after filing its first application, the family of oilman Clayton Williams has been granted a permit to pump millions of gallons of water out of Pecos County. The permit was granted by the Middle Pecos Groundwater Conservation … Continue reading
Fortunes in the oil fields are rising, along with methamphetamine use among workers.
Oil drilling and production in the Permian Basin of West Texas is booming again. But the boom has a byproduct that producers are considerably less excited about: oil theft. The Houston-based Energy Security Council estimates that this year alone, Texas … Continue reading
A new report from the U.S. Energy Information Administration finds the increased oil infrastructure in the Permian Basin will be able to meet the area’s expected boom in oil production.