Tag Archives: oil industry

Permian Basin analysts keep a close eye on uncompleted wells

By Caroline Halter To predict production levels in the Permian Basin, energy analysts often look at the number of rigs in the area. It’s a simple formula: when rig count goes up, they expect output to follow. But, a number … Continue reading

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In Booming Permian Basin, a Surge in Oil Thefts

Oil drilling and production in the Permian Basin of West Texas is booming again. But the boom has a byproduct that producers are considerably less excited about: oil theft. The Houston-based Energy Security Council estimates that this year alone, Texas … Continue reading

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