Record 5.0-magnitude earthquake hits near Permian Basin town
Natural Gas Forwards Tread Water;Permian Slips as Production Growth Still Likely for 2020: After major swings the last couple of weeks from the double whammy of an ongoing oil price war and the coronavirus pandemic, natural gas forward prices… #NatGas
Oil companies are already beginning to pare back their activity in the Permian, with cutbacks coming not just from smaller drillers, but also the oil majors.
#Chevron cuts 2020 #Permian production, #capex guidance by 20% | #crudeoil #natgas #shale * Now sees 2020 production levels flat on 2019 * Permian output guidance cut by 125,000 boe/d * Suspends share buyback program @JDBlum23 story:
KPermian Highway Pipeline Scores'>MI’s Permian Highway Pipeline Scores Another Legal Win; Construction On Time but Adjusting for Coronavirus: Kinder Morgan Inc. has secured another victory for the 2 Bcf/d Permian Highway Pipeline cutting across the Hill Country of Texas after a… #NatGas
the oil decline is breathtaking. The attempt to break the Permian is foolhardy. If some oil companies collapse others will simply take their place...
Incredible. Oil producers in the Permian Basin are now just straight up burning more natural gas every day (because there's no easy way to store it) than would be necessary to power every single home in Texas
Can we have a vote now on plate tectonics, the age of the universe, and the cause of the Permian extinction?