HomeMagazine2021September 2021, Vol. 248, No. 9Permian Update: America’s Oilfield Builds Back from Another Bust

September 2021, Vol. 248, No. 9

Features

Permian Update: America’s Oilfield Builds Back from Another Bust

By Jeff Awalt, Executive Editor  Stop me if you’ve heard this one before.  Photo: Plains All American Oil and gas producers in the prolific Permian Basin of West Texas and New Mexico respond to surging global demand by ramping up drilling to record highs. As production threatens to outpace takeaway capacity, pipeline operators answer with a slew of new projects to deliver more product to key markets. Economics shift, the bottom falls out and the cycle moves from boom to bust. Then another recovery begins.  Three quarters of the way through what was to be a post-pandemic year, the midstream sector of America’s biggest oilfield is slugg

Log in to view this article.

Not Yet A Subscriber? Here are Your Options.

1) Start a FREE TRIAL SUBSCRIPTION and gain access to all articles in the current issue of Pipeline & Gas Journal magazine.

2) Start your full access subscription to Pipeline & Gas Journal and gain UNLIMITED access to this article, the current issue, all past issues in the technical archive, access to all special reports, special focus supplements and more. Pricing start at $395/year.   

*Access will be granted the next business day.

 

Related Articles

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}