With inflation playing a sizable role in Permian Basin operators’ spending, longer laterals could be a solution to offsetting inflationary costs, says Rystad’s Cole Wolf.
Things have changed for the upstream sector and the first quarter proves it, according to energy analyst Subash Chandra, who shared several of his takeaways at Hart Energy’s DUG Permian Basin and Eagle Ford conference and exhibition on May 16.
In this complex moment in time for the oil industry, Tom Petrie, chairman, Petrie Partners, takes a look at oil recovery trends, energy policy headwinds, geopolitical drivers and the re-inflation of energy.
Callon Petroleum has built an enviable Permian platform beginning in 2009 from the beginning of a strategic, just-in-time Gulf of Mexico exit.
The southern Midland offers a dial-a-hydrocarbon portfolio of rock. The far northern Midland delivers nearly all black gold. And the conventional Strawn on the Eastern Shelf is making nice wells when giving it horizontals.
DUG Permian panelists acknowledge the challenges posed by ESG and climate concerns in the post-COVID finance environment, but expect cheap debt and higher valuations to push midstream deals forward.
Here’s news from University Lands’ new CEO.
Learn the latest on Permian water supply and demand.
Just as oilfield-services firms played a significant role in solving for shale economics, they’re solving for 2021 and beyond.