DUG Permian Basin
May 19-21, 2015
Fort Worth, Texas
Fort Worth Convention Center
Register Featured Sponsors
Baker HughesKayne Anderson Energy FundsStrike Energy USATenarisNetherland, Sewell & Associates (NSAI)Magnum Oil ToolsFTS InternationalSuperior Energy Services
Sentry TechnologiesTorcsill Foundations LLC TIW CorporationKeane GroupTryton Tool ServicesPetroQuip Energy ServicesAggrekoFreemyer Industrial Pressure LPContinental Production Services, Inc.Aereon (formerly Jordan Technologies)PFP IndustriesEnergy SpectrumExterranTimekeepers SecurityPLH GroupSchlumbergerCDM Resource Management LLCDuPontJoule ProcessingCroft Production SystemsSuperior Drilling ProductsMPG Pipeline ContractorsPel-StateD&L Oil ToolsPackers PlusCJ Energy ServicesCDI EnergySTW ResourcesTomahawk RentalsBaker HughesBTI ServicesThru Tubing SolutionsBCCK Engineering
Hosted By
Midstream BusinessUnconventional Oil & Gas CenterE&POil and Gas Investor

Boosting Margins with Efficiency & Innovation

Plays covered: Wolfcamp, Bone Spring, Spraberry

Innovation unlocked the door to America's shale revolution, and innovation will carry the industry through the current business cycle. Over the last decade, West Texas' Permian Basin emerged as the top crude-producing region in America. From a low of 850,000 bpd in 2007, regional oil production soared to 1.84 MMbbl/d by December 2014. And despite declining rig counts, the EIA forecasts Permian Basin oil production will climb to 1.92 MMbbl/d this February.

The landscape of the oil and gas industry may be evolving, but the fundamentals remain the same. Producers throughout the region are focused on finding innovative ways to do more with less by driving efficiency throughout the exploration and production process. Increased pad drilling, longer laterals, enhanced completions and well refracturing are just some of the many ways E&P companies are saving valuable time and money.

This May, DUG Permian Basin explores what's working for leading producers in the nation's top oil province. Hear directly from 25 executive-level speakers in 14 uniquely candid conference sessions. And with 250+ exhibitors, you'll get a first-hand look at new technologies that can impact your bottom line today. Plan now to join the 2,700+ industry professionals set to converge May 19-21 in Fort Worth, Texas!

Click here to secure your seat!


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Featured Event: DUG Permian Basin Midstream Program

Tuesday, May 19

A global leader in oil and gas production, Texas enjoys the benefits of well-developed midstream infrastructure. Yet to keep up with ever-growing production, more takeaway capacity is needed. Get a head start on your DUG Permian Basin experience with the 2015 Midstream Program. Hear directly from top executives from the region's most active midstream operators in 9 targeted midstream conference sessions.

 

DUG Bakken and Niobrara SponsorshipsSponsorship Opportunities

DUG Permian Basin sponsors will have the opportunity to increase brand awareness, obtain valuable leads and connect with thousands of potential clients — all in one venue! Click here to learn more.
DUG Bakken and Niobrara ExhibitingExhibitor Opportunities

DUG Permian Basin exhibitors get unique access to a select group of industry executives, new sales leads, the opportunity to solidify customer relationships, and the ability to showcase new products/services to a targeted audience. Click here to learn more.
 
News

US Oil Rigs Get Hammered For 12th Straight Week
U.S. oil explorers idled rigs for the 12th straight week, extending the steepest dropoff in drilling on record as crude prices headed for a second week of losses, Bloomberg reported Feb. 27. Rigs targeting oil in the U.S. fell by 33 to 986, dropping below 1,000 for the first time since June 2011, Baker Hughes Inc. (NYSE: BHI) said on its website Feb. 27. Those seeking gas dropped by nine to 280, the Houston-based field services company said. The total U.S. count declined by 43 to 1,267, including a miscellaneous rig. The U.S. has lost more than a third of its oil rigs over four months in an unprecedented retrenchment in drilling that threatens to bring the nation’s shale boom to a halt as early as this year. Collapsing oil prices have already wiped out thousands of U.S. jobs and dried up more than $86 billion in capital spending as domestic producers face stiff competition from suppliers abroad.

Industry's Downturn Extends to Gas-Directed Plays
The activity decline impacting the nation’s oil plays has now come to gas-directed plays like the Marcellus as demand for drilling services falls, pricing decreases and rigs lay down in a rapidly deteriorating market.