Permian Basin

Permian Basin Exclusives

frac sand, completions, U.S. shale, Energent, FracXchange, Julie Lerner, Todd Bush, Permian Basin

Additional sand supplies are expected to come online this year but supplies remain tight as E&Ps test completion techniques, eye prices and work to keep down costs.

At the recent NAPE Global Business Conference, panelists from Hess and Akin Gump gave insight on what plays into developing resources in the Lower 48 or international deepwater.

Occidental Petroleum, Permian, U.S. shale, Vicki Hollub, Turkey Track, Permian oil and gas production

The company said it plans to spend $3.9 billion overall in 2018 and increase production by between 8% and 12% with a 40% annual growth in Permian resources in 2018.

Permian Basin Gross Acreage

 
CompanyNet Acreage
Occidental2,500,000
Apache1,700,000
Chevron1,500,000
Pioneer Natural Resources680,000
All Top Acreage Holders