Companies throughout the Permian gather in Fort Worth
to explore cost-saving solutions
In search of efficiency-focused strategies and technologies, over 1,500 industry professionals packed the 2016 DUG Permian Basin conference and exhibition in Fort Worth, TX, May 23-25. Conference attendees heard from over 35 executive-level speakers in the event's pre-conference Midstream Program, main Upstream Conference and all-new Technology Showcase. And over 150 exhibitors gave hands-on demonstrations of solutions helping producers cut costs and maximize output.
The Upstream Conference's speaker lineup featured leaders from the Permian's most active producers, including Pioneer Natural Resources, Approach Resources, Three Rivers Operating Co., Elk Meadows Resources, WPX Energy and more. Presenters gave updates on their drilling programs and discussed efforts improve breakeven costs by cutting costs.
The pre-conference Midstream Program was led by executives from the Navitas Midstream Partners, EnLink Midstream, Joule Processing, Fluor USA, PetroCloud, among others. Sessions explored current midstream projects and plans to continue building infrastructure to support long-term upstream activity in the region.
The event's new Technology Showcase brought the latest solutions to the exhibit floor with case studies and live demonstrations from leading companies like Packers Plus Energy Services, Baker Hughes and Schlumberger.
Be sure to mark your calendars for the 2016 Executive Oil Conference, November 7-8 in Midland and DUG Permian Basin 2017, which will return April 3-5 to Fort Worth.
J. Ross Craft
Founder, Chairman, President and CEO Approach Resources
Chairman Petrie Partners
President Three Rivers Operating Co. LLC
President Matador Resources
Senior Vice President - Permian Basin EnLink Midstream
Founder, President and CEO Silver Hill Energy Partners
Chairman of the Board Energy Security Council
Destination Unknown: Uncertainty Clouds Natural Gas Outlook In Canada Technology advances such as horizontal drilling, 3-D seismic technology and hydraulic fracturing may have sparked an unconventional gas production boom in North America, but success in one country could usher in challenges and opportunities for another.Yet, uncertainty is still a part of the picture.A report released by the Canadian Energy Research Institute (CERI) shows that Canada is losing business from its top natural gas customer, the U.S., which is preparing to become a natural gas exporter of its own by 2017 thanks to the shale revolution. Gas production from the Marcellus Shale appears to be the proverbial nail in the coffin for the potential for any rising gas exports from Canada into the U.S.
Energy Hunter Resources Will Acquire Core Midland Basin Mineral Rights Energy Hunter Resources Inc. will acquire mineral rights under about 320 gross Permian Basin acres in Howard County, Texas, where about nine wells can be drilled. An active drilling program is underway on the acreage, the company said Sept. 28.Energy Hunter entered into an agreement to acquire the mineral rights. The offset wells are targeting the Lower Spraberry and Wolfcamp A, while potential horizontal development exists in the Wolfcamp B and Wolfcamp C benches as well.