Saulsbury to build gas processing plants for Apache in Reeves County
Odessa-based Saulsbury Industries was recently awarded a contract by Houston-based Apache Corp. to build three 200-MMcfd cryogenic processing plants at Apache’s Diamond processing site in southern Reeves County. (Read more…)
Permian Basin leads in crude oil production growth, DUC wells
The Permian Basin is expected to provide 52 percent of crude oil production growth in July in the seven major regions of the U.S., according to the latest Drilling Productivity Report from the U.S. Energy Information Administration. (Read more…)
Until the gas and oil gathering infrastructure is a lot more complete in the Delaware basin west of the Pecos River all the exploration companies will be Drilling but leaving Uncompleted wells everywhere…those are called DUC wells. DUC wells can be used to hold a lease, but pay no royalties until completed and brought online.
ol’ Lawrence in Verhalen