DUG Permian Basin
May 23-25, 2016
Fort Worth, Texas
Fort Worth Convention Center
Register Featured Sponsors
TenarisD3 Survey and MappingLandmark Field ServicesNetherland, Sewell & Associates (NSAI)Stratas Advisors
NG ResourcesHolland ServicesTGSSNC Lavalin (Valerus)Shale SupportMagnum Oil ToolsBCCK EngineeringVaquero MidstreamBCCK Holding CompanyNGF ConstructionArchrockBaker HughesD&L Oil ToolsPetro Waste EnvironmentalPeroxyChemPC Drilling and ServiceKLX Energy ServicesVarel InternationalSentry TechnologiesPackers Plus
Operator Sponsors
Agave Energy Co.Vaquero Midstream
Hosted By
Midstream BusinessOil and Gas InvestorUnconventional Oil & Gas CenterE&P

Room to Work
Millions of acres of potential

Stacked deep with layers of resource-rich rock, even today the nation's top oil province still has room for growth. Despite sharp declines in WTI, major producers are doubling down on West Texas' proven resources. But it takes more than good rocks to be successful today – it takes efficiency. From the wellhead to the corporate office, companies are finding innovative ways to save time and money. Find out how the region's top producers continue to defy the world's expectations by improving EURs and lowering breakevens.

This May, 2,000+ industry professionals, 35 executive-level speakers and 170+ exhibitors are converging in Fort Worth to explore efficiency-focused strategies and technologies. Will you be there?

Plays covered: Wolfcamp, Spraberry, Bone Spring, Leonard, Avalon, and Yeso

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Pre-Conference Midstream Program
Monday, May 23 12:00 pm - 5:00 pm

Permian producers enjoy the benefits of well-connected midstream infrastructure. But in the last seven years, upstream growth has consistently outpaced midstream capacity. As production slows in the midst of the downturn, find out how West Texas' midstream operators are completing a record buildout of new pipeline capacity. Register to attend this targeted pre-conference program to hear from the region's most-active midstream players! Learn more>>

Click here to secure your seat!

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Free Exhibit Hall Access for Operators

Hart Energy invites employees at E&P companies, pipeline operators, refineries and utility companies to enter the DUG Permian Basin exhibit hall at no cost. Plus, you have the option to upgrade to a full conference pass to attend the 15+ conference sessions.

To submit your qualifying application and register, click here.

 
News

Baker Hughes, Halliburton Face Big Bills After Merger Crumbles
Anyone sweating his monthly utility bill or car payment probably cannot come close to identifying with Halliburton Co. (NYSE: HAL).On May 4, the services giant will pay $3.5 billion to rival Baker Hughes Inc. (NYSE: BHI) after the two companies agreed to break off a merger agreement that began in November 2014.The final stone in the deal’s sarcophagus appears to have been set in place by the U.S. Department of Justice (DOJ), which filed an antitrust lawsuit April 7.  The deal, initially valued at $35 billion, is the largest in recent memory to collapse, and perhaps one of the largest ever, to flop.The companyies will now have to catch up with the industry, which has made vast changes since the merger clock first started ticking.After the federal lawsuit—which cited the deal as a potential threat to oil and gas competition, prices and innovation—was filed few expected the transaction to continue.  

Another Victim: Midstates Petroleum Files For Bankruptcy
Midstates Petroleum Co. Inc. said May 1 it filed for Chapter 11 bankruptcy protection.The company joins dozens of U.S. oil and gas producers that have filed for bankruptcy since the start of 2015. After years of using junk bonds to fuel a frenzy of shale drilling, energy prices began to decline in late 2014 and left many E&Ps unable to service their obligations.Ultra Petroleum Corp. (NYSE: UPL) also filed for Chapter 11 bankruptcy protection on April 29.