Post Tagged with: "oil wells"

Permian News: Lilis Energy Delineating Bench that is Shallower with Lower Drilling Costs 

Permian News: Lilis Energy Delineating Bench that is Shallower with Lower Drilling Costs 

Lilis's Tiger #3H IP-24s above 1,800 BOEPD in 3rd Bone Spring
Permian-focused Lilis Energy (stock ticker: LLEX) said its Tiger #3H well has reached the 24-hour initial production rate of 1,821 BOEPD.

Tiger #3H – 3rd Bone Spring Highlights:

IP

Oil Price Drop Could Signal Lower Volumes on Horizon for Freight Haulers

Oil Price Drop Could Signal Lower Volumes on Horizon for Freight Haulers

Study: for each well that is drilled, up to 6,000 truckloads of freight haul business are generated

From FreightWaves

Since the beginning of October, the price of oil has been dropping steadily. As of Friday’s close, crude oil benchmark WTI …