Permian Basin ///

Water Management

Mark Patton, Hydrozonix

Recycling produced water cuts disposal costs

Energy Issues

William J. Pike, World Oil

Down the Hall

NOV introduces new well-service fluid ends and valves to Permian basin

As the intensity of completing unconventional wells continues to grow, so too do the demands on fracturing equipment. Longer laterals, rising stage counts, and increased pressures and proppant loadings per stage make hydraulic fracturing an extremely difficult—and consumptive—enterprise, particularly in the challenging wells seen in regions like the Permian basin.

Hidden pitfalls could impair America's hottest oilfield area

The world’s hottest oilfield area, the Permian basin of West Texas and New Mexico, isn’t without its risks.

Shell shows interest in BHP assets amid plans to expand in shale

Royal Dutch Shell Plc said it’s potentially interested in BHP Billiton Ltd.’s oil assets on sale in the Permian basin in the U.S. as it seeks to boost its role in shale.

Deloitte: Industry exercises caution with M&A, though trend is changing

Deloitte forecasts that although the oil & gas industry may be in love with the recent rise in commodity prices it is still exercising some caution when it comes to M&A activity, but that is changing.

NOV develops top-drive upgrade for cost-effective performance upgrades in the Permian

Demand in the Permian basin for cost-effective ways of improving performance continues to increase. While a simple solution might involve purchasing entirely new equipment, in many cases this isn’t feasible due to both current constraints on capital expenditures and unacceptable downtime caused by long lead times for newbuilds. To address this issue, National Oilwell Varco (NOV) developed an upgrade package—the TDS-11SAE—for its top drives to elevate their performance beyond standard levels.

U.S. output builds on OPEC cutbacks, gas rides LNG expansion

Shale operators are increasing U.S. crude production in response to oil prices that are, so far, trending more favorably this year, due largely to decisions by OPEC and Russia to curb production.

U.S. shale drives rig count recovery in 2017

With oil prices on the rise in 2017, operators added drilling rigs back to many areas of the U.S.

NAPE ‘18: Texas Railroad Commissioner Ryan Sitton forecasts strong U.S. supply growth to meet demand

As murmurs of peak oil demand pervade the oil and gas industry, Texas Railroad Commissioner Ryan Sitton sees a different trend—rising production from the U.S. to meet inflating demand from non-OECD countries like China and India.

Hexion announces first mobile Permian basin resin coating plant

The Oilfield Technology Group (OTG) of Hexion Inc. (Hexion) today announced its new Voyager mobile resin coating service. Initially located in the Permian basin, the innovative Voyager service is the first mobile manufacturing solution that provides in-basin resin coated proppant manufacturing for application in the oil and gas industry.

Permian seen second to Saudis for spare oil-output capacity

The U.S.’s Permian basin is looking like Saudi Arabia, with as much as 1 MMbbl of spare oil capacity ready to go into production, according to Nansen Saleri, former head of reservoir management at Saudi Aramco, the world’s largest crude exporter.

Chevron posts strongest year of crude discoveries since 2011

Chevron Corp. had its best year of oil and natural gas discoveries in more than half a decade as rebounding energy prices lifted drillers out of the worst slump in a generation.

Billions from Trump tax cuts supercharge fossil fuel sector

Oilmen, wildcatters and particularly refiners are reaping billions in gains from President Donald Trump’s tax overhaul, helping boost the staying power of old-style energy even as the world searches for cleaner fuels.

BHP said to mull shale split to speed $10-billion sale

BHP Billiton Ltd., seeking to accelerate the sale of its U.S. shale unit, is prepared to offer the assets in as many as seven packages, including three in the prized Permian basin, according to people with knowledge of the producer’s plans.

ExxonMobil to triple Permian output by 2025, expand transportation infrastructure

ExxonMobil today announced that it plans to triple total daily production to more than 600,000 boe by 2025 from its operations in the Permian basin in West Texas and New Mexico. Tight oil production from the Delaware and Midland basins will increase five-fold in the same period.

RRC Chairman Craddick: When it comes to NAFTA, mend it—don't end it

Many Texans support NAFTA based on the premise that it allows American workers and businesses to compete on a level playing field with anyone in the world.

NOV's Tektonic drill bits increase ROP, durability with Permian Series cutters

Difficult drilling conditions in the Permian basin demand a drill-bit philosophy geared toward efficiency and durability. Three record runs recently occurred in the Permian basin that showcased the performance of National Oilwell Varco's Tektonic bits with Permian Series cutters.

Casing while drilling eliminates off-bottom events in a CO2 flooded area

Nicholas Mawford, Tesco

When formations in the northwestern Permian basin presented well integrity challenges and geological uncertainties, Tesco evaluated options for successfully reaching TD. Using casing while drilling, the company completed the job in less time and helped the operator learn how to save money on future wells in the region.

Advanced frac fluid chemistry helps boost Wolfcamp IP rates

Jerry Noles, Troy Bishop, CoilChem, LLC; Neal Hageman, Integrated Petroleum Technologies

A HVFR polymer bridges the gap between slickwater and cross-linked fracs.