Press Esc to close



For full content view: Log in Now!

  • Regional Report: Permian Basin

    Pramod Kulkarni

    If oil prices head past $90 per barrel and new oilfield technologies become available, can a boom in the Permian basin be far behind? Active since the 1920s, the basin has produced more than 35 billion bbl and contributes 19% of all US oil. The University of Texas Bureau of Economic Geology believes there are still 30 billion bbl of oil hidden in nooks and crannies that can be recovered through enhanced oil recovery (EOR), accessing deeper formations and the twin techniques of horizontal drilling and multistage fracturing that have proven their worth in the shale plays. Production levels are not likely to reach the peak rate of 665 million bbl per year witnessed in the 1970s, but there are plenty of lucrative opportunities both for majors, such as Chevron, and for more than 1,500 large and small independents. The Permian basin is also benefiting from the independents’ ongoing shift of E&P resources from unconventional gas to the more lucrative liquids-rich plays.

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.

Free Trial

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:

  • The Archives section containing over ten years of complete magazine archives,
  • The WO DataHub's engineering tables and directories,
  • The World Oil annual forecasts, including past predictions,
  • Select World Oil technical handbooks,
  • And much, much more!


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



Engineering Data Tables

World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.


2013 Fracturing Technology

2013 Fracturing Technology