Permian Basin

Permian Basin Exclusives

NAPE, Dan Naatz, IPAA, President, Obama, oil, gas, ground, regulatory, climate change, fracking, budget, Clean Power Plan, coal, federal, Hart Energy, Emily Moser

The president may have moved forward with healthcare reform when he first took office, but now he’s aggressively pursuing climate change and using the regulatory process to achieve his goal.

oil tax, Obama, price, commodity, climate change, Republican, Congress, election

President Barack Obama is proposing to pay for clean energy investments by placing a $10 per barrel oil fee as the industry grapples with low prices. Congressional leaders said the plan is dead on arrival.

A&D, Devon, Encana, RBC, Craig Lande, 2016, oil, gas

Craig Lande, managing director at RBC Richardson Barr, says A&D will be different in 2016: capital markets are tightening, 20% of production is hedged and demand is hopelessly outmatched by supply.

Permian - Texas Drilling Permits Trends

7 Day Trend81 (-27)
30 Day Trend369 (+17)
1 Year Trend5368 (-5738)
View Permits

Heard In The Field

836

Some Operators Revert to Vertical Wells

Well Stimulation/Pressure Pumping
841

DUC Backlog Rising In Region

Downhole Completions
851

Service Providers See Bottom Early 2016

Workover/Well Service

Permian Basin Service Companies

Permian Basin Gross Acreage

CompanyNet Acreage
Occidental1,765,000
Pioneer900,000
Apache850,000
Devon Energy644,000
All Top Acreage Holders