Reeves County, Tx - General Discussion


#1

This topic, titled Reeves County TX - General Discussion, is established here on the new MRF to serve as the continuation of what some of our legacy users had become accustomed to - that of posting to what is generally called a “wall”. From June 1, 2018, this topic is the continuation of Reeves County, TX - Oil & Gas Discussion archives

In other words, this topic is intended for those who simply want to post to a running dialogue, (a stream if you will), about activity within this particular area.


Reeves County, TX - Oil & Gas Discussion archives
#2

Thanks,Kenny.


#3

I hope this replaces the previous discussion that was closed . If so, I need to figure out how to get my system to go directly when I log in. I do not comment much so this message is to see if I can.


#4

@Steve_Johnson2 you’re at the right place. Read the top post in this thread for further clarification.


#6

Thamks


#7

Kenny – glad to see it’ back… Thanks – Later – Buzz


#8

How can I tell if the production method of an oil well has been changed from flowing to pumped?
Thanks


#9

Not sure if there is an RRC filing that shows this, so probably have to ask operator or have someone drive by.


#10

The operator has to file a form with the RRC when they change the status of a well from flowing to rod
or submersible pumped. I don’t know the form number…sorry.

By the way, Kenny Dubose, thanks for establishing this ‘wall’ for comments. This is more comfortable.

ol’ Lawrence in Verhalen


#11

@Buzz_Van_Meter you’re welcome


#12

#13

IHS Markit: “stunning” growth in oil production in Permian by 2023

A new report from IHS Markit says crude oil production in the Permian Basin is forecast to reach 5.4 million barrels per day in five years. The report said the Permian Basin will provide 60 percent of the world’s growth in oil production in 2018-23 to rank behind only Russia and Saudi Arabia in production. Raoul LeBlanc of IHS Markit said, “The level of growth – from 0.92 million barrels per day in 2010 to 5.4 million barrels per day in 2023 – is truly stunning.” The region started 2018 at about 2.8 million b/d. Daniel Yergin, vice chairman, added, “In the past 24 months production from just this one region has grown far more than any other entire country in the world.” The Oil & Gas Journal said the growth will come from nearly 41,000 new wells and $308 billion in upstream spending in 2018-23. And production of natural gas and NGLs in the Permian is also forecast to double during this period. Russia and Saudi Arabi currently produce more than 10 million barrels of crude every day.
The Dallas Morning News said these projections are larger than earlier forecasts by the U.S. Energy Information Administration. That agency’s projections showed the Permian Basin peaking at more than four million b/d.

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Continuing good news for the western Permian and all the
Delaware Basin from the Pecos river west to Hudspeth county.

ol’ Lawrence in Verhalen