Drilling permit data from March showed increased operator appetite for drilling and more room to run for the rig count. We share a chart capturing the trend and break down the permit data into actionable analysis on hot spots and top operators. There’s a lot more to this story… Login …
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WPX Energy joined in the Permian deal making fray, announcing a $775mm Delaware Basin acquisition late Thursday. 2017 operating plan announcements from Permian Independents aren’t the standard fare this year. We are used beginning of year E&P operating plans stating capex, production, and drilling program summaries. This year they are …
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We visited the sprawling $36mm Tenaris Midland Service Center this week. From this new Permian Basin facility, Tenaris is introducing Rig Direct™ to the US shale plays. Here Tenaris is running OCTG (casing and tubing), sucker rods, coiled tubing, and accessories in 24/7 operations. The Midland Service Center is the …
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Permian acreage values are changing rapidly, frustrating those who want in and providing a windfall to incumbent operators. What some are calling an acreage valuation bubble in the Permian may be just the tip of an inflation iceberg in the play. A tsunami of capital targeting deals in the region …
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Infill Thinking Lifting the O&G knowledge curve
