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Deep insights on oil exploration in the Permian Basin play

White Paper Published By: Drillinginfo
Drillinginfo
Published:  Nov 18, 2015
Type:  White Paper

The Permian basin, a long time oil and gas producing region nestled in west Texas and southeastern New Mexico was once believe to have reached “Peak Oil” extraction levels.  A significantly larger play than the booming Eagle Ford Shale, the Permian Basin has reemerged as a production pillar for the US, thanks to advancements in horizontal drilling and hydraulic fracturing.  Although still in early stages of new production, the Permian has already transformed the local economies surrounding the play, adding to the energy security of the U.S.  In this issue of the DI Expert eBook, by Drillinginfo, the premier provider of data and insights for oil and gas exploration decisions, our expert analysts have delved into the complexities of the geology in the Permian, highlighted the successes of operators in the region and provided in-depth analyses on the play’s re-emergence.



Tags : 
basin, permian, peak oil, extraction, energy security, geologists, downspacing, innovations