Post Tagged with: "production volumes"

Source: Houston Chronicle

Permian drilling must pick up just to maintain current production: Report

Houston Chronicle


Drilling activity in the booming Permian Basin must accelerate just in order to maintain current production volumes, according to a new report from the research firm IHS Markit.

The Permian’s oil output has risen rapidly in recent years …

December 12, 2019 - 1:00 pm Closing Bell Story‎, Crude Oil News, Energy News
Permian Producers May Need to Spend More or Consider Mergers

Permian Producers May Need to Spend More or Consider Mergers

From The Houston Chronicle


As the sweet spots of the booming Permian Basin are drilled, oil companies will need to either spend more money or consider mergers and acquisitions to keep up their crude production volumes, according to the energy …