Would you like to start a free subscription?
Remember me | Forgot password
For full content view: Log in Now!
If you haven’t visited the Permian basin lately, it might be worth the trip, if only to remind yourself what an oil boom looks like. The area, which comprises West Texas and southeastern New Mexico, has had its ups and downs in the past few decades, but at the moment there is definitely an “up” in progress.
It’s no mystery why this is the case. The oil out there is still abundant, and the price of West Texas Intermediate (which, as the name suggests, is what they drill for out there) has spiked north of $100/bbl on occasion, and shows no sign of retreating. The rig count in Texas Railroad District 8 (which includes part of the Permian) is up over 50% from just a year ago, and is more than double the number from 2009.
This area of the site is restricted.
In order to gain access, please either Log
In, or subscribe to World Oil.
Two options are available to you for creating an account.
1. Get a Free Trial Subscription to World Oil Magazine and gain immediate access to select content on World Oil Online.
Start a Free Trial Subscription and gain immediate access to the complete current issue of World Oil Magazine. Plus, you’ll receive 3 upcoming issues of World Oil Magazine in print or digital format.* You also receive access to the Energy Events Calendar, Industry Statistics and WO Wire’s news and industry coverage.
2. Purchase a subscription to World Oil magazine and gain immediate
and complete access to World Oil Online. As a Total Access subscriber
you will have access to all areas of the site available to registered users and
free subscribers as well as having access to such premium content areas as:
Physical copies of this content may be available for purchase. Visit the Reprints & Back Issues section.
If you are already a paid subscriber and do not have access, please email CustomerService@worldoil.com.
World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.
Kuala Lumpur - March 25-28
The Woodlands, TX - April 1-3
Houston, TX - April 6-9
All material subject to strictly enforced copyright laws.
© 2014 World Oil. © 2014 Gulf Publishing Company.