'Ya Missed A Spot !
But for Lea and Eddy Counties in New Mexico, where 65+% of all the rigs in the Permian Basin have been running for 18 months now, around...
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Quote Stuff
"It's not like the US can pump a bunch more. Our production is what it is," Quantum Energy Partners' Wil VanLoh told the FT. (VanLoh coined the phrase: the US tight oil industry has "eaten the heart out of it's watermelon").
"There's no bailout coming. Not on the oil side, not on the gas side,"
the head of the private equity group, a big shale investor, said.
Stuff To Think About
The USGS Assessment Of the Midland Basin
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The Delaware Basin Is An Arid Desert,
It's Remaining Groundwater a Precious Resource. 10.6% Reuse Of Produced Water, After Eight Years, Is a Freakin' Embarrassment!
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The materials provided on this site are for informational and educational purposes only and are not intended to provide tax, legal, or investment advice. I may make data related mistakes occasionally; if you use my opinions about oil reserves or shale well economics for financial purposes, to buy or sell stocks, your nuts. Don't do that. If I have used a photograph incorrectly it was for educational purposes and I have done my best of to give credit where credit is due. My stories are all true, slightly embellished, perhaps, but true; I don't change names to protect the guilty. I am as accurate as possible about history and historical facts; I work very hard at that.All rights are reserved, whatever that means. Don't blame me, I didn't do it.