Greta
Myron M. Kinley 1898-1978 AT 2:00 AM on the morning of 29 June 1936 the National Oil Company, St. Louis, Brownsville and Mexico Railroad...
Using 2021 well productivity in the Permian Basin of 175,661 barrels of oil the first 12 months of production life, it will take 8,727 new Permian wells in 2023 to meet anticipated US crude oil export levels of 4.21 MM BOPD. The Permian typically only completes 5,500 wells per year. The cry for moar tight oil from the Permian Basin simply means more oil exports OUT of the Permian. Every well drilled in that Basin in 2023 essentially is for the benefit of other countries.
My Favorite Video and One I NEED To Show For Awhile
"This announcement demonstrates Aramco's long-term commitment to China and belief in the fundamentals of the Chinese petrochemicals sector," Mohammed Y. Al Qahtani, Aramco Executive Vice President of Downstream, said in a statement.
From
The History of Oil Well Firefighting & Blowout Control
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