Permian Basin ///

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.

Andeavor enhances its Permian position through acquisition of Rangeland Energy II

Andeavor has announced that it has agreed to acquire 100% of the equity of Rangeland Energy II, LLC. Rangeland owns and operates assets in the Delaware and Midland basins, including a recently-constructed crude oil pipeline, three crude oil storage terminals and a frac sand storage and truck loading facility.

America's hottest oil play just needs a few thousand truckers

When the price of oil collapsed in 2014 and disrupted drilling operations all across Texas’s massive Permian basin shale formation, truckers were among those hardest hit. Rendered unnecessary by the slump in output, they were fired in scores. Now, three years later, with oil prices inching back higher and production in the Permian soaring once again, the drillers want the truckers back.

Mayan Energy provides operational update regarding Anacacho, Forest Hill fields

Mayan, the AIM listed oil and gas company, is pleased to announce additional progress in its development program at Kelly Lynne (Anacacho) field at Stockdale, Wilson County, Texas, in which the Company has a 60% working interest (WI) and 45% net revenue interest (NRI) and Forest Hill field, Wood County, Texas, in which the Company has a 70% WI and 52.5% NRI.

NOV develops MWD system for Permian applications

Demand in the Permian basin for an MWD system with both electromagnetic (EM) and mud-pulse (MP) data transmission capabilities is increasing. ReedHycalog, a business unit of National Oilwell Varco’s Wellbore Technologies segment, developed the BlackStar II dual-telemetry MWD tool for use in such applications.

Tenaris unveils seamless pipe mill in Bay City, Texas

Tenaris unveiled its $1.8 billion state-of-the-art seamless pipe mill in Bay City, Texas, Monday before local, state and federal representatives, including U.S. Department of Energy Secretary Rick Perry and Texas Governor Greg Abbott.

Permian producers push the envelope for output growth in 2018

Alex Endress, World Oil

Operators are still testing the limits of unconventional technology in the Permian basin, but increased drilling activity likely means steady production gains for next year and beyond.

Oasis Petroleum acquires Delaware basin assets for $946 million

Oasis Petroleum Inc. has announced that it has entered into a definitive purchase and sale agreement with Forge Energy, LLC, to acquire 20,300 net acres in the Delaware basin (the Permian assets) for approximately $946 million.

$1.8-billion Tenaris mill in Bay City targets Permian operators

Tenaris recently opened a new $1.8-billion pipe manufacturing mill in Bay City, Texas, and with the new mill, it is targeting service for U.S. shale operators—in particular, those operating in the Permian basin—according to a local Houston newspaper.

Asian investor steps into America's shale gas market

A relentless flow of natural gas from America’s shale basins is drawing bears to the market—and that’s music to the ears of at least one Asia-backed investor.

Buying Texas oil at New Mexico prices: Majors go west for shale

The state, which covers a smaller part of the oil-soaked shale formation, is the fourth-largest U.S. producer and luring industry giants including ExxonMobil, Chevron Corp., EOG Resources Inc. and Occidental Petroleum Corp. Their investments -- while small compared with Texas -- are increasing as activity in the rest of the Permian starts to slow down.

Flaring alternative acts as portable produced-water management tool

Mark Patton, Hydrozonix

A new design addresses two of the most common concerns in unconventional plays.

Weir Oil & Gas expands Permian presence with new customer service center

Fort Worth-based Weir Oil & Gas today broke ground on a 92,000-ft2 customer service center that will be located at the David Mims Business Park on Interstate 20. The new center reflects the company’s strong commitment to the Permian basin region, consolidating three existing Permian-area service center locations into one central location.

FairfieldNodal adds to Delaware basin database

FairfieldNodal’s Red Tank acquisition project in the Delaware basin continues to progress on schedule. There are 380 sq mi of fast-track data now available, completing this portion of the project. Final PSTM data will be available mid-December 2017, and a PSDM product is expected in early first-quarter 2018.

Clariant expands support for local North American oil services customers

Clariant, a world leader in specialty chemicals, announces a low single-digit million amount investment to strengthen two of its North American Oil Services sites in order to further support customer growth in key oil basins.

Rise in Texas earthquakes near oil fields prompts new monitoring

Texas, home to two of the nation’s busiest oilfields, now has a new way for the public to track in real time how many earthquakes are rattling the Lone Star State since the expanded use of new drilling techniques.

ExxonMobil acquires crude oil terminal to serve growing Permian production

ExxonMobil Corporation announced today that it has acquired a crude oil terminal in Wink, Texas from Genesis Energy LP. The terminal is located in the rapidly growing Delaware basin, part of Permian basin, one of the most prolific plays in the U.S.

Apache Corp. provides update on Alpine High

Apache Corp. has announced steady progress at Alpine High since revealing the discovery last year.

Pioneer announces 11% production increase from Spraberry/Wolfcamp

Pioneer Natural Resources Company has announced that production for the third quarter of 2017 was 276,000 boed, an increase of 17,000 boed, or 6% from the second quarter of 2017.