Monday, September 29, 2014

Permian Basin, Next Oil Boom?

Looking for the Next Oil Boom? Follow the Tech Washington's Blog:

Regardless of pipeline capacity, Permian Basin crude is shaping up to be the next big oil boom thanks to new technology. Eagle Ford and Bakken became economical only after being drilled horizontally, so with the final shift to dominate horizontal drilling in the Permian, the game has only just begun.

Source: http://oilprice.com/Energy/Crude-Oil/Back-to-Permian-U.S.-Oil-Comes-Full-Circle.html

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