DUG Permian Basin
May 23-25, 2016
Fort Worth, Texas
Fort Worth Convention Center
Register Featured Sponsors
Dragon ProductsTenarisMagnum Oil ToolsBaker Hughes - PlatinumStrike Energy USANetherland, Sewell & Associates (NSAI)Stratas AdvisorsKayne Anderson Energy FundsSuperior Energy ServicesFTS International
Torcsill Foundations LLC GeoForceNavigator Energy ServicesBoyd & CompanyDuPontPackers PlusStupp CorporationTwilight ServicesCDM Resource Management LLCUnion LeasingOrigin Bio SolutionsSuperior Drilling ProductsTri-W GlobalStallion Oilfield ServicesSTW ResourcesBaker HughesTIW CorporationKLX Energy ServicesThru Tubing SolutionsD&L Oil ToolsCroft Production SystemsSaudi AramcoAereon (formerly Jordan Technologies)BCCK EngineeringTryton Tool ServicesJoule ProcessingKeane GroupMurchison DrillingFreemyer Industrial Pressure LPSentry TechnologiesGESchlumbergerPowerplanMPG Pipeline ContractorsTimekeepers SecurityPFP IndustriesAgar Corp.Simmons & Company InternationalAggrekoEnergy SpectrumTomahawk RentalsEnLink MidstreamExterranTracercoPel-State
Operator Sponsors
PowerplanSimmons & Company InternationalBoyd & CompanyEnLink MidstreamStupp CorporationTri-W Global
Hosted By
Oil and Gas InvestorE&PMidstream BusinessUnconventional Oil & Gas Center

Companies throughout the Permian gathered in Fort Worth to explore cost-saving solutions

In search of new efficiency-focused strategies and technologies, over 2,000 industry professionals packed the 2015 DUG Permian Basin conference and exhibition in Fort Worth, TX, May 19-21. Conference attendees heard from over 35 executive-level speakers in the event's pre-conference Midstream Program and main Upstream Conference. And over 170 exhibitors gave hands-on demonstrations of the newest products and services helping producers in the region cut costs and maximize output.

The Upstream Conference's speaker lineup featured leaders from the Permian's most active producers, including Apache Corp., Laredo Petroleum, Matador Resources, RSP Permian and RKI Exploration and Production. Presenters gave updates on their drilling programs and discussed efforts improve breakeven costs by cutting costs. During the event's luncheon, General Keith B. Alexander, one of the world's top cybersecurity experts, discussed the critical importance of protecting America's networks and infrastructure against foreign and domestic cyber-attacks.

The pre-conference Midstream Program was led by executives from the Texas Railroad Commission, EnLink Midstream, Crestwood Midstream Partners and Watco Companies, among others. Sessions explored current midstream projects and plans to continue building infrastructure to support long-term upstream activity in the region.

DUG Permian Basin 2015 may be over, but the conversation continues! Find out what other attendees and exhibitors are saying on Storify and Twitter. We want to hear about your experience too!

Be sure to mark your calendars for the 2015 Executive Oil Conference, November 9-10 in Midland and DUG Permian Basin 2016, which will return May 23-25 to Fort Worth. Also, check out Hart Energy's newest conference, MIDSTREAM Texas, which will be co-located with its DUG Eagle Ford conference and exhibition October 25-27 in San Antonio.


Earthstone Keeps Eagle Ford, Permian, Rockies Under A&D Surveillance
Earthstone made multiple purchases in the Eagle Ford in June and also did a miniature deal in the Bakken, but continues to look for another core to hold.

Contractors Scramble To Retain Crews, Find Work
Demand for workover services in the traditional dry gas basins is slowing once again. Equipment continues to stack out for lack of demand. Meanwhile, expectations are that demand will drift lower yet among workover contractors participating in the Hart Energy survey. The mix of jobs in the Fayetteville, Barnett and Haynesville reflects trends in other parts of the country and sort out to about 60% routine maintenance and 20% completions. Hourly rates are down 25% for the benchmark 500 series rig since the last dry gas basin survey in April 2015 to just more than $300 per hour. At the same time, workover rigs continue to stack out. Those rigs that keep working are employed on minor jobs or routine maintenance. A couple contractors, who have been through several downturns dating back 40 years, say this one is the worst they have seen. Watch for the next traditional dry gas basin report on workover activity in the Fayetteville, Barnett and Haynesville shale plays in April 2016.