By Julie Anderson Imagine an intruder found a small hole through which to snake a video device into your home. Throughout the next week, the invader deftly wound the video probe through each room and closet of your house, finding valuables both large and small. Then, one day you left your travel plans in clear […]
Charting Performances
Permian Break-Even: As Low as $22 a Barrel During the last three years, companies operating in the Permian Basin have drilled much longer laterals and used substantially more complex well completion design in their newer wells with the aim of reaching higher initial production (IP) rates. Well lateral lengths in the Permian have increased in […]
New Mexico: Land of Enchanting Opportunities
By Al Pickett, special contributor Like their Texas neighbors, oil and gas producers in New Mexico feel the inevitable pressures that accompany a boom economy. Things are “still a gamble,” as one NM source says. But the state’s Permian region is producing more crude than ever. Mike Miller said he was in Hobbs, N.M., recently […]
Elevated Perspective
Steve Pruett and his well-placed partners have put together one of the biggest new E&P outfits to hit the Permian in several years. By Al Pickett, special contributor The most important factor in securing equity funding for a start-up energy company is people, according to Steve Pruett. “It is a marriage of people, experience, a […]
The Life Cycle of Pipe
By Jesse Mullins Seemingly the simplest component of the oil and gas industry’s vast array of hardware, pipe is subject to intense scrutiny and is a product that will “make the rounds” more than most. Can any industry be more dependent on pipe than the oil and gas industry? Pipe defines, perhaps more than any […]
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