MARKETS

Permian Basin drilling permits hit record amid high oil prices and demand

HORIZONTAL drilling permits for new wells in the Permian Basin hit an all-time high in March, with 904 total permit awards.

Tim Daiss

Permian drilling at all time highs

Permian drilling at all time highs

The increased activity was driven by elevated oil prices and production demand, consultancy Rystad Energy said in a note overnight. The Permian is a shell basin about 250 miles wide and 300 miles...

Start a free trial to continue reading this article

Already have an account? Sign in here

MORE ON THIS TOPIC

MOST POPULAR

1

OPERATIONS

Woodside-Bechtel welcomes first mega compressor onto Pluto Train 2

2

EXPLORATION

Emperor Energy modelling shows Orbost nameplate potential

3

GLOBAL

Study shows US LNG is much cleaner for Asia than coal use

4

POLICY

Queensland proposes legislation reforms to back farmers' claimed land subsidence

RESEARCH

Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902