Posted From The Permian

When the sun breaks through the industry's lately stormy skies, it invariably shines on the Permian Basin. At Hart Energy's recent DUG Permian Conference & Exhibition, in Fort Worth, E&Ps, financiers, midstream players and investors defied the pessimism of the past two years and ce...

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Bibliographic Details
Published in:Oil & Gas Investor 2016-07, Vol.36 (7), p.N_A
Main Authors: Addison, Velda, Gallay, Annie, Haines, Leslie
Format: Magazinearticle
Language:English
Subjects:
Basins
Conferences
Costs
Drilling
Excavation
Executives
Feet
Forecasts
Investment
Natural gas
Natural resources
Permian
Petroleum production
Petroleum refining
Presidents
Private equity
Raw materials
Spirits
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Summary:When the sun breaks through the industry's lately stormy skies, it invariably shines on the Permian Basin. At Hart Energy's recent DUG Permian Conference & Exhibition, in Fort Worth, E&Ps, financiers, midstream players and investors defied the pessimism of the past two years and celebrated drilling and completion gains and production wins. The Permian is where pure-players' stock values have best held up, A&D still flourishes and a respectable number of rigs drills on. The operators' chipper spirits rest on these positives: 1. The basin is where the money is. 2. The Delaware move is well underway. If you compare car racing to Pioneer Natural Resources Co's work in the Permian Basin, Pioneer has the pole position and is pulling ahead. That was the analogy made by Joey Hall, EVP of Permian operations. A combination of prime acreage and top execution fuels the company's strategy.
ISSN:0744-5881