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PODCAST: Drilling Deep into the Permian Basin
We take an in-depth look at who's selling and who's paying in the hottest play in the oil patch, plus an interview with West Texas legend Jim Henry, who discovered the Wolfcamp shale
The Permian basin and the Delaware sub-basin in particular has been perhaps the most active region in the world for oil and gas deals. Noah Brenner digs into the dynamics of A&D in West Texas and New Mexico.
Then Noah sits down with Jim Henry, the founder of Henry Petroleum, the first company to drill through the Spraberry and into the Wolfcamp shale, making one of the biggest Permian basin discoveries in the prolific region's history.
Human error and endless acronyms lead to a a BOP plummeting to the ocean floor, this week on The Bit.
From now until the end of the year, podcast listeners can get a free one-month subscription to Upstream. Just send an email with subject line "Podcast Promo" to email@example.com to start your subscription today.
- With per-acre prices approaching $60,000, the Permian is the hottest oil play in the US, and possibly the entire world.
- Upstream published a special focus edition on the Permian this week.
- A new embrace of technology is driving the resurgence in the basin.
- Jim Henry discovered the Worlfcamp shale, but has always run his companies with a conservative business plan and may be the only oilman in West Texas who drives a Tesla.
- Stepping offshore... a contractor on drillship Ocean BlackHornet accidentally dropped a BOP stack thousands of feet to wedge into the ocean floor. Oops. Read the entire BSEE report here.
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Music by RDG. Check out RDG's Soundcloud page.
Trombone by Dr Eric Starr.