DUG Permian Basin
May 19-21, 2015
Fort Worth, Texas
Fort Worth Convention Center
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Strike Energy USAStratas AdvisorsFTS InternationalMagnum Oil ToolsKayne Anderson Energy FundsSuperior Energy ServicesTenarisNetherland, Sewell & Associates (NSAI)Dragon ProductsBaker Hughes - Platinum
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Operator Sponsors
EnLink Midstream
Hosted By
Unconventional Oil & Gas CenterOil and Gas InvestorE&PMidstream Business

See You in Fort Worth!

DUG Permian Basin is this week! Get the most out of your investment by taking advantage of the programs below. We'll see you there!

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Pre-Conference Midstream Program
Tuesday, May 19, 10:00 am - 5:00 pm

Get a head start on your DUG Permian Basin experience with the Pre-Conference Midstream Program. You'll hear from 15 of the region's most-active midstream operators. Expanded for 2015, this program will cover everything you need to know about the Permian Basin midstream market.


Upstream Program

DUG Permian Basin Conference and Exhibition
Opening Reception on Tuesday, May 19 at 5:00 pm

Explore what's working for leading producers in the nation's top oil province. Hear directly from executive-level speakers in 14 uniquely candid conference sessions. Plus, through the event's exhibition, you'll get a first-hand look at new technologies that can impact your bottom line today.


New for 2015: Industry Breakfast
Wednesday, May 20, 7:00 am

Join us for breakfast and learn more about new solutions sure to increase operational efficiency. Click here for more information on this special session open to all DUG Permian Basin attendees.

Plays covered: Wolfcamp, Bone Spring, Spraberry

 
News

Ring Energy Reels In 14,000 Net Acres In Delaware Basin
Ring Energy Inc. (REI) is making its debut in the Delaware Basin with the addition of acreage that will nearly double its production in West Texas. Ring said May 26 it signed an agreement with Finley Resources Inc. to acquire 14,000 net acres in Culberson and Reeves counties, Texas, for $75 million. Ring, based in Midland, Texas, will be the operator of the properties and have an approximate 98% working interest and average net revenue interest in excess of 78%.

From Delineation To Development In The Midland Basin
FORT WORTH, Texas—The Spraberry and Wolfcamp formations have made the Midland Basin a popular play. However, many operators are tasked with determining how close is too close when it comes to well spacing. “I’m going to talk about something that most CEOs probably don’t want to talk about, and that is why I think the wells we are drilling in the Wolfcamp and the Spraberry out in the Midland Basin ultimately will probably average a little bit less per well than what people are saying they are right now,” said Steve Gray, CEO and director of RSP Permian (RSPP), at Hart Energy’s DUG Permian conference on May 20. Gray said there are massive oil-in-place resources in the Midland Basin. “If you look at a type log in the middle of the basin, you can see in addition to the five zones that we’ve been producing there are probably four or five others that have potential and have been tested by other operators or are carried in the inventory of other companies. You’ve got a total section that’s probably 3,000 feet or 4,000 feet thick [that’s pay], and when you compare that to other resource plays in the United States, it just dwarfs most of those other plays,” he said.