@504deadshot_reaper
I work in the Permian and have been here for over 10 years. We are currently as of 2022 beginning to use natural gas to power equipment
@Odin31b
05:00 interesting movie Tulsa! About this spacing technique from 1949.
@yazeed3881
We are here in Odessa now . Good work
@haydensnyder4232
The google earth view of pad sites or well locations is from my family's ranch just south of Odessa. Great video and great information. Thanks for sharing!
@smks8er
DRILL BABY DRIL OH YEAHHHH AMERICA NUMBA WAHNNNN!!
@cementer7665
Not so much Big Lake, but at Texon, a few miles west, where the Santa Rita #1 was drilled.
@CLUB-th7pp
I once PUMPED THE FIRST WELL IN THE PERMIAN BASIN, Westbrook Tx.
@CommanderZion
Very interesting and informative video.
@abcdefg9010
That is about to change soon, the flaring will no longer be disposed to the air, there gonna create some kind of electrical turbine and it will generate electrical to power Frac sites, instead of the huge vast amount of diesel engines running to frack the shale.
@arungargg
Who is here after Landman?
@QueOndaWhey
God Bless Texas.
@evanbrown2594
Good video. I am a Petroleum Geologist who has worked on and in the Permian Basin, and others around North America and the world in my short career. The Basin will remain an important part of the energy mix of the USA for a long time. However some of the estimates of potential overall production that are possible seem very unlikely. One of the main lessons of the last 10 years is that there are limits and diminishing returns related to the application of technology. Many of the technologies that were supposed to lead to revolutions in oil and gas production such as, longer fracs, more stages, more stages done simultaneously, microseismic (honestly each service provider has their own idea about how this helps) aided fracturing design, and new chemical and frac prop mixes, none of these have allowed companies to produce profitable wells at near any price from non "Sweet Spot" areas of the target formation. Wolfcamp A-D, Avalon, Montney Up/lwr, Horn River, Bakken, are all heterogeneous and the variability in characteristics that make or break a companies profit margins are on a scale much smaller then previously thought. So when a company talks about break even costs for drilling etc, they are almost certainly giving their best estimates of wells that are drilled in the sweet spots with good well control from wells that bypassed the target fm, >95% of the hz drilled in the target zone with it being homogeneous along the well bore, and the frac design working and implemented properly. As with all oil and gas resources the low hanging fruit is starting to be picked over and those who make money in these ares will be those who understand these principals.
@longliveJeffdahmer
i’m from el paso , Tx and growing up we already heard about the oil jobs in middland
@AnythingGoesCodes
I've deployed to Iraq. Those burning towers are everywhere, wasting resources and ruining the environment.
@realm8286
Good work WSJ!
@_tyler-_-
More content like this please
@bucketlist621
New Mexico is the hot spot today, the oil is booming there, the roads are destroyed from the over loaded trucks on them.
@Edwin-up7gc
such a solid video from WSJ
@rogerdiogo6893
Just when Germany tought America was out of oil, LOL!
@walid7084