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TEXAS OIL AND WWII How the Permian Helped Fuel D-Day “And what a plan! This vast operation is undoubtedly the most complicated and difficult that has ever occurred.” Winston Churchill On June 6th, 1944, Operation Neptune (also known as D-Day), delivered 156,000 Allied forces to invade the beaches of Northern France and liberate…
2019 Oil and Gas Outlook According to Experts 2018 Oil & Gas Price Recap 2018 was a volatile year for the oil and gas industry, featuring both good news and bad news. Brent crude prices started the year around $66 per barrel, climbed to $86 per barrel, and dropped down to yearly lows in December…
Permian Frac Sand Demand by the Numbers Frac sand demand in the Permian Basin is evolving, even from what it was just a few short years ago. Now with more crude oil takeaway capacity planned for the area, production is projected to continue to climb, which will no doubt continue to drive the ever-changing proppant…
Record DUC Wells Equals Record Frac Sand Demand Drilled Uncompleted Wells (DUCs) are reaching record levels according to the EIA. August of 2018 added another 238 DUC wells in the major basins to reach a record 8,269 drilled uncompleted wells in inventory in the United States. The Permian Basin leads the pack with 3,630 DUC…
When you think of the world’s largest oil reserves, the countries that come to mind are usually the obvious ones: Venezuela, Saudi Arabia, Russia, etcetera. It’s true: the current largest oilfield in the world remains Saudi Arabia’s Ghawar Oilfield, producing 5 million barrels of petroleum per day over the last three decades, good for almost…