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Permian Basin - West Texas - Shale (Tight) Oil Play Boom Or
Bust Page Permian Basin - West
Texas The
USA
is 5 % Of The World Population And They Use 25
% (16 to 21 million bbl's - A Day - 14583
bbl's a minute)
Of The Daily World Production (85 to 95
million bbl's - A Day - 66000 bbl's a minute).
What The
Permian Produces In One Day. 3,030,397 Barrels -
Mar. 2024 - The USA burns in 208 minutes. The World Burns in 46 minutes. (2104 bbl's a
minute - 3,030,397 - daily average - Mar. -
2024)Texas Permian Basin
Production TRRC Is Taking Three To
Four Months To Update Production Data - Fall 2021 TRRC Has
switched to some screwed up office app Based On The Number Of Permits
Issued For The Permian - Give Or Take
For Oil or Gas 105,253 Wells According
To TRRC (2008 to Mar. - 2024) Texas Permian Basin Permits That is an average of 28.8 bbl's
of crude oil a day per well. Not Even
1/7 of a truck load Note
-
TRRC Is Always Late In Monthly
Production Data Updates &
Always Back Dating NumberReturn To
Index Home Page - bakkenboomorbust.comCurrent Tight Oil Production Bakken/ND - BK/ND /
Permian - PM / Eagle Ford - EF Note
-
TRRC Is Always Late In Monthly
Production Data Updates &
Always Back Dating Numbers
I wanna hold 'em like they do in
Texas plays Fold 'em, let 'em, hit me, raise
it, baby, stay with me (I love it) Poker Face The Great American Oil Boom, which he
helped create, is "not going to be as
massive as people think."
The chances of the USA being independent in oil are very
slim, Mark Papa former CEO of EOG Resources The Fracking Bubble.
"There is no next big horizontal
play waiting in the wings to follow the Bakken and Eagle
Ford." EOG, CEO. There Is No Act Three But Thomas (EOG CEO) contends the Permian is not a
pure crude oil play. The Permian is a “combo”
play–meaning that it has lots of natural gas, and natural gas
liquids, but not nearly the quantity of oil that the Bakken
and Eagle Ford have. EOG’s Thomas addressed the
Permian specifically at the Bernstein conference by noting “that while the Permian has a
big boe (barrel of oil equivalent) count, the play is heavy on
the “e’s” and not so much on the “o’s”…….”. “The Permian Basin is so blessed,” said Hoxie Smith,
director of Midland College’s Petroleum Professional Development
Center, at the forum. “We have more oil here
than anywhere in the world, probably more than Saudi Arabia,
right here in this basin.” Tens of billions of barrels of
oil could still be tapped, he said. West Texas Boom or Bust
I'm Lost In The Shuffle Lost In The Shuffle Comments From A Land Man
Every 35 year career geologist and engineer that I know and
work with in the Permian Basin
knows that the 90% of the horizontal wells completed
today are not economic. Burn out the day Burn
out the night I'm not the one to tell you
what's wrong or what's right I've seen suns that were
freezing and lives that were through Burnin For You Need for clarification. In a lot
of articles published on the net and paper. Stated production
numbers from both plays that do not add up. Such as .
Eagle Ford making 2.3 million bbl's. Look to the state agency
that count's the eagle ford, Texas production.
Question Is Permian Basin - West Texas
- Decline - Production Chart
We're setting sail To the place on the map from which
no one has ever returned Drawn by the promise of the
joker and the fool By
the light of the crosses that burn Oh, save me. Save me from
tomorrow I don't
want to sail with this ship of fools Ship Of Fools Return To Index
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