Glitter
The PRB has a long history of oil and gas production from multi-stacked pay zones.It has become one of the most active oil and gas basins in North America in recenttimes with many large E&P companies including Anadarko Resources, ChesapeakeEnergy, EOG Resources, Anschutz and Devon Energy acquiring large acreagepositions and actively drilling successful wells. The number of drilling rigs operatingin PRB has risen fourfold since 2016 and current PRB production is approaching 140Mb/d. The PRB is emerging as the industry’s new growth engine due to the slowingof the Permian Basin as a result of pipeline bottlenecks and high commoditydeducts. Relatively low drilling and completion costs, highly attractive conventionalstaked plays, and the ability to grow while other basins are growth limited makesthe PRB a good basin to operate in.
Fourfold! annnnd current PRB production is approaching 140Mb/d.
Nothing to get too excited about right?
GlitterThe PRB has a long history of oil and gas production from...
-
- There are more pages in this discussion • 78 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
