Producers face costs challenge in Permian

‘Huge’ increase in drilling work at US basin is cutting into capacity

Crossroads ahead: the Permian basin has been seen as a good bet for investors, but the increase in drilling work and demand for services is outstripping capacity, leading to concerns of cost rises and higher break-even prices
Crossroads ahead: the Permian basin has been seen as a good bet for investors, but the increase in drilling work and demand for services is outstripping capacity, leading to concerns of cost rises and higher break-even prices
Published 26 April 2018, 23:00Updated 25 April 2018, 19:56