The Permian is poised to continue growing.



The Permian basin produces 2.9 MMbopd, approximately 45% of light-tight oil production in the U.S. More than 800 E&P operators, 25 pressure pumpers, and 30 frac sand producers are engaged in activities there. With 2,430 drilled uncompleted wells and increasing capital expenditures for E&Ps in the basin, the Permian is poised to continue growing. Dramatic changes to the supply of frac sand could lead to efficiency gains in the Permian basin



Previous articleWeatherford loss widens
Next articleSchlumberger introduces new perforating gun system