There was a drop in the number of new producing wells in the Midland Basin from 2015 into 2016. (Source: Drillinginfo’s DI Web application)
The number of Midland Basin wells refractured (orange) or recompleted (purple) is plotted against nonrefractured or recompleted wells in the same basin. (Source: Drillinginfo’s DI Analytics/Refrac Analysis)
There are 233 drilled, uncompleted (DUC) vertical wells in the Midland Basin. There are more vertical DUCs in the Midland Basin than in the Delaware Basin to the west. (Source: Drillinginfo’s DI Analytics/Rig Analytics).
Recommended Reading
Enterprise Gains Deepwater Port License for SPOT Offshore Texas
2024-04-09 - Enterprise Products Partners’ Sea Port Oil Terminal is located approximately 30 nautical miles off Brazoria County, Texas, in 115 ft of water and is capable of loading 2 MMbbl/d of crude oil.
TC Energy's Keystone Oil Pipeline Offline Due to Operational Issues, Sources Say
2024-03-07 - TC Energy's Keystone oil pipeline is offline due to operational issues, cutting off a major conduit of Canadian oil to the U.S.
TC Energy’s Keystone Back Online After Temporary Service Halt
2024-03-10 - As Canada’s pipeline network runs full, producers are anxious for the Trans Mountain Expansion to come online.
Enbridge Fortifies Dominant Role in Corpus Christi Crude Transport
2024-03-20 - Colin Gruending, Enbridge executive vice president and president for liquids pipelines told Hart Energy the company’s holdings in South Texas are akin to a “catcher’s mitt” for Permian and Haynesville production.
Early Startup of Trans Mountain Pipeline Expansion Surprises Analysts
2024-04-04 - Analysts had expected the Trans Mountain Pipeline expansion to commence operations in June but the company said the system will begin shipping crude on May 1.