Permian Basin: Defying Expectations
- Feb 04, 2019-
The Permian basin continues to pump high volumes of crude despite takeaway constraints, higher costs and expectations of a slowdown in growth.
Join us as we examine how the Permian exceeds expectations, leading to record high US output driven by oil majors and top independent producers, a midstream race to add pipelines, expand ports, and build offshore VLCC terminals.
Join as we discuss:
Macro, big-picture perspective on the Permian production outlook
US majors betting on the basin
Update on 2019 operation/capex plans of top independent producers
What’s driving growth: Producers drill longer lateral wells, core up acreage and improve efficiency, offsetting cost increases.
Status of pipeline takeaway capacity amid expansions and accelerated start ups
VLCC export projects, moving crude to global markets
WTI Houston Argus pricing, WTI fob Houston assessment
What could slow the Permian boom?