Operators, Community Activists And The Local Government Are Working Together To Create A More Collaborative Environment Through A Focus On Voluntary Best Management Practices. By Therese Dunphy In Texas Hill Country, where there had been an acrimonious relationship between aggregate producers and local residents, the two groups came together – along with local government officials and business people – to…
Read MoreTag: Permian Basin
First Electric-Powered Hydraulic Fracturing Fleet to be Deployed
ProPetro Holding Corp. has executed a contract with a leading independent Permian operator for use of ProPetro’s first electric-powered hydraulic fracturing fleet. Under the agreement, ProPetro will provide committed services for a three-year period following the delivery of the e-fleet.
Read MoreAtlas Sand Appoints Allison Executive Vice President
Atlas Sand Co. LLC announced the appointment of Jeff Allison as executive vice president, sales and marketing. Responsible for Oilfield Services (OFS) sales, marketing, customer relationships and strategic commercial execution, he will play an integral role in ensuring Atlas will continue to provide premium quality products and services to the Permian Basin, North America’s most prolific resource play.
Read MoreThis Week’s Market Buzz
At press time, West Texas Intermediate crude for August delivery rose $1.35, or 1.3% to $105.62 a barrel. Brent crude rose $1.30, or 1.1%, to $111.35 a barrel.
Read MoreThis Week’s Market Buzz
• Oil prices continue to rise. At press time West Texas Intermediate was at $110.6 up 4.43%, while Brent Crude was at $111.6, up 4.19%.
Read MorePermian Drilling Permits Hit All-Time Monthly High in March
Horizontal drilling permits for new wells in the Permian Basin hit an all-time high in March, with 904 total permit awards, driven by elevated oil prices and production demand, Rystad Energy research shows.
Read MoreNorth Dakota Could Boost Oil Output
North Dakota’s oil output could climb another 100,000 barrels per day by the end of 2022 amid high crude prices, a state energy regulator estimates, according to the Bismarck Tribune.
Read MoreRystad Says Productivity of New Wells in the Permian to Hit a Record High
The average productivity of new wells in the Permian Basin is set to hit a record high in 2022, breaching past 1,000 barrels of oil equivalent per day (boepd) due to a surge in lateral well length, Rystad Energy research indicated.
Read MorePermian Producers Expanding Completions
An article on Reuters noted that as oil prices have surged past $80 a barrel, U.S oil and gas producers are paving the way for faster production by expanding new well completions in the Permian Basin of west Texas and New Mexico, the country’s top shale oil field, according to research data.
Read MoreDemand for Wisconsin Frac Sand Increased Slightly in 2021
According to Rich Kremer, writing for Wisconsin Public Radio, industry experts say demand for Wisconsin frac sand increased slightly in 2021.
Read More