Permian Basin - Revision history

Fierroann: /* World's worse polluter */

2023-04-15T18:43:59Z

World's worse polluter

← Older revision		Revision as of 18:43, 15 April 2023
Line 56:		Line 56:
	A survey sponsored by the United Nations during the United Nations [[Climate Change Conference]] in Egypt; denominated the Permian Basin as the World's top polluter. This result was followed by a tracking consortium [[Climate TRACE]] which also categorized it as No. 1. Jon Goldstein from the Enviromental Defense Funds said: <blockquote> "This is the U.S., we should be leading in trying to create the cleanest energy we can. We shouldn't be leading on having the most highly polluting oil and gas basin in work".</blockquote>		A survey sponsored by the United Nations during the United Nations [[Climate Change Conference]] in Egypt; denominated the Permian Basin as the World's top polluter. This result was followed by a tracking consortium [[Climate TRACE]] which also categorized it as No. 1. Jon Goldstein from the Enviromental Defense Funds said: <blockquote> "This is the U.S., we should be leading in trying to create the cleanest energy we can. We shouldn't be leading on having the most highly polluting oil and gas basin in work".</blockquote>

	The [[Enviromental Defense Fund]] has done extensive testing and monitoring of methane pollution in the Permian and has consistently found alarming levels of methane being flared. The Climate TRACE reported around 200 million tons of greenhouse emissions last year and compared it to Russia, the second biggest polluter on Earth. <ref>https://spectrumlocalnews.com/tx/south-texas-el-paso/news/2022/11/16/texas--permian-basin-identified-as-the-world-s-top-polluter#:~:text=into%20the%20environment.-,Climate%20TRACE%20reports%20the%20Permian%20Basin%20churned%20out%20more%20than,and%20gas%20field%20in%20Russia.</ref>		The [[Enviromental Defense Fund]] has done extensive testing and monitoring of methane pollution in the Permian and has consistently found alarming levels of methane being flared. The Climate TRACE reported around 200 million tons of greenhouse emissions last year and compared it to Russia's oil field [[Urengoyskoye]] , the second biggest polluter on Earth. <ref>https://spectrumlocalnews.com/tx/south-texas-el-paso/news/2022/11/16/texas--permian-basin-identified-as-the-world-s-top-polluter#:~:text=into%20the%20environment.-,Climate%20TRACE%20reports%20the%20Permian%20Basin%20churned%20out%20more%20than,and%20gas%20field%20in%20Russia.</ref>

	Sharon Wilson with Earthworks, who is also a certified thermographic and senior field advocate at Earthworks stated: <blockquote> "It's impossible to ignore the role the Texas Permian Basin has in fueling the climate crisis; until President Biden stops all oil and gas expansion in backyards all over the country, we won't prevent catastrophic climate change or meet our global climate commitment"</blockquote>		Sharon Wilson with Earthworks, who is also a certified thermographic and senior field advocate at Earthworks stated: <blockquote> "It's impossible to ignore the role the Texas Permian Basin has in fueling the climate crisis; until President Biden stops all oil and gas expansion in backyards all over the country, we won't prevent catastrophic climate change or meet our global climate commitment"</blockquote>

Fierroann: /* World's worse polluter */

2023-03-25T21:06:53Z

World's worse polluter

← Older revision		Revision as of 21:06, 25 March 2023
Line 60:		Line 60:
	Sharon Wilson with Earthworks, who is also a certified thermographic and senior field advocate at Earthworks stated: <blockquote> "It's impossible to ignore the role the Texas Permian Basin has in fueling the climate crisis; until President Biden stops all oil and gas expansion in backyards all over the country, we won't prevent catastrophic climate change or meet our global climate commitment"</blockquote>		Sharon Wilson with Earthworks, who is also a certified thermographic and senior field advocate at Earthworks stated: <blockquote> "It's impossible to ignore the role the Texas Permian Basin has in fueling the climate crisis; until President Biden stops all oil and gas expansion in backyards all over the country, we won't prevent catastrophic climate change or meet our global climate commitment"</blockquote>

	Researchers at Earthworks regularly document oil and gas companies in Texas having free rein thanks to the Texas Commission on Environmental Quality (TCEQ) to constantly allow the industry to pollute communities on a huge scale. Using the special cameras that make the invisible methane spewing from oil and gas equipment visible; Sharon Wilson has found and shown evidence that methane is vented widely across the Permian Basin, with little to no consequences.		Researchers at Earthworks regularly document oil and gas companies in Texas having free rein thanks to the [[Texas Commission on Environmental Quality (TCEQ)]] to constantly allow the industry to pollute communities on a huge scale. Using the special cameras that make the invisible methane spewing from oil and gas equipment visible; Sharon Wilson has found and shown evidence that methane is vented widely across the Permian Basin, with little to no consequences.<ref>https://earthworks.org/releases/texas-permian-basin-now-ranks-no-1-for-worst-oil-and-gas-polluter-in-the-world/</ref>

	==Sources==		==Sources==

Fierroann: /* World's worse polluter */

2023-03-25T21:05:48Z

World's worse polluter

← Older revision		Revision as of 21:05, 25 March 2023
Line 54:		Line 54:
	==World's worse polluter==		==World's worse polluter==

	A survey sponsored by the United Nations during the United Nations [[Climate Change Conference]] in Egypt; denominated the Permian Basin as the World's top polluter. This result was followed by a tracking consortium [[Climate TRACE]] which also categorized it as No. 1. Jon Goldstein from the Enviromental Defense Funds said: <blockquote> "This is the U.S., we should be leading in trying to create the cleanest energy we can. We shouldn't be leading on having the most highly polluting oil and gas basin in ~~the~~ work".</blockquote>		A survey sponsored by the United Nations during the United Nations [[Climate Change Conference]] in Egypt; denominated the Permian Basin as the World's top polluter. This result was followed by a tracking consortium [[Climate TRACE]] which also categorized it as No. 1. Jon Goldstein from the Enviromental Defense Funds said: <blockquote> "This is the U.S., we should be leading in trying to create the cleanest energy we can. We shouldn't be leading on having the most highly polluting oil and gas basin in work".</blockquote>

	The [[Enviromental Defense Fund]] has done extensive testing and monitoring of methane pollution in the Permian and has consistently found alarming levels of methane being flared. The Climate TRACE ~~reports~~ around 200 million tons of greenhouse emissions last year and compared it to Russia ~~which is~~ the second biggest polluter on Earth. <ref>https://spectrumlocalnews.com/tx/south-texas-el-paso/news/2022/11/16/texas--permian-basin-identified-as-the-world-s-top-polluter#:~:text=into%20the%20environment.-,Climate%20TRACE%20reports%20the%20Permian%20Basin%20churned%20out%20more%20than,and%20gas%20field%20in%20Russia.</ref>		The [[Enviromental Defense Fund]] has done extensive testing and monitoring of methane pollution in the Permian and has consistently found alarming levels of methane being flared. The Climate TRACE reported around 200 million tons of greenhouse emissions last year and compared it to Russia, the second biggest polluter on Earth. <ref>https://spectrumlocalnews.com/tx/south-texas-el-paso/news/2022/11/16/texas--permian-basin-identified-as-the-world-s-top-polluter#:~:text=into%20the%20environment.-,Climate%20TRACE%20reports%20the%20Permian%20Basin%20churned%20out%20more%20than,and%20gas%20field%20in%20Russia.</ref>

			Sharon Wilson with Earthworks, who is also a certified thermographic and senior field advocate at Earthworks stated: <blockquote> "It's impossible to ignore the role the Texas Permian Basin has in fueling the climate crisis; until President Biden stops all oil and gas expansion in backyards all over the country, we won't prevent catastrophic climate change or meet our global climate commitment"</blockquote>

			Researchers at Earthworks regularly document oil and gas companies in Texas having free rein thanks to the Texas Commission on Environmental Quality (TCEQ) to constantly allow the industry to pollute communities on a huge scale. Using the special cameras that make the invisible methane spewing from oil and gas equipment visible; Sharon Wilson has found and shown evidence that methane is vented widely across the Permian Basin, with little to no consequences.

	==Sources==		==Sources==

Fierroann: /* The Midland Basin */

2023-03-15T02:54:33Z

The Midland Basin

← Older revision		Revision as of 02:54, 15 March 2023
Line 45:		Line 45:
	The Midland is located in the eastern part of the Permian and stretches north to south from the southern Lamb and Hale counties to northern Crockett county. It has been the hotspot for vertical drilling since the 1940s, though activity took off in the 1970s. Previously, the Spraberry was the targeted formation but with technological advances, fracking in the area has become more effective in the Wolfcamp.		The Midland is located in the eastern part of the Permian and stretches north to south from the southern Lamb and Hale counties to northern Crockett county. It has been the hotspot for vertical drilling since the 1940s, though activity took off in the 1970s. Previously, the Spraberry was the targeted formation but with technological advances, fracking in the area has become more effective in the Wolfcamp.

	The main Midland Operators include: Pioneer, Diamondback, Concho, Endeavor, Ovintiv, Chevron, SM Energy, ExxonMobil and Apache.		The main Midland Operators include: [[Pioneer]], [[Diamondback]], [[Concho]], [[Endeavor]], [[Ovintiv]], [[Chevron]], [[SM Energy]],[[ExxonMobil]] and [[Apache]].

	===The Central Basin Platform===		===The Central Basin Platform===

Fierroann: /* The Delaware Basin */

2023-03-15T02:53:17Z

The Delaware Basin

← Older revision		Revision as of 02:53, 15 March 2023
Line 36:		Line 36:

	===The Delaware Basin===		===The Delaware Basin===
	Its located on the western section of the Permian and covers a 6.4M acre area, stretching from Eddy county, NM to Pecos count, TX. The Delaware is the deepest of the sub-basins with the thickest deposit of rock. Historically, production focused on vertical development and targeted the Wolfcamp and the Abo/Yeso formations in the Northwest Shelf. The introduction of horizontal drilling, however, has revitalized interest in the Wolfcamp and introduced the Bone Springs as the money-making formations.		Its located on the western section of the Permian and covers a 6.4M acre area, stretching from Eddy county, NM to Pecos count, TX, and covers an area of 13,000 miles. The Delaware is the deepest of the sub-basins with the thickest deposit of rock. Historically, production focused on vertical development and targeted the Wolfcamp and the Abo/Yeso formations in the Northwest Shelf. The introduction of horizontal drilling, however, has revitalized interest in the Wolfcamp and introduced the Bone Springs as the money-making formations.

	The main Delaware Operators include: Occidental, EOG, Concho, Devon, ExxonMobil, Chevron, Cimarex, Diamondback, and Shell.		The Northern end of the basin lies in New Mexico, giving it exposure to federal land which typically carries a lower royalty rate compared to the private leases in Texas and some regions of New Mexico.

			The main Delaware Operators include; Occidental, EOG, Concho, Devon, ExxonMobil, Chevron, Cimarex, Diamondback, and Shell.

	===The Midland Basin===		===The Midland Basin===

Fierroann: /* The Central Basin Platform */

2023-03-08T08:03:27Z

The Central Basin Platform

← Older revision		Revision as of 08:03, 8 March 2023
Line 46:		Line 46:

	===The Central Basin Platform===		===The Central Basin Platform===
	The Central Basin sits in the heart of the Permian, between the Delaware and Midland. Primarily vertical wells have been drilled in the CBP related to some of the oldest Permian Basin finds. It is considered a low-risk and high-reward area to drill.		The Central Basin sits in the heart of the Permian, between the Delaware and Midland. Primarily vertical wells have been drilled in the CBP related to some of the oldest Permian Basin finds. It is considered a low-risk and high-reward area to drill with low well costs and consistent returns. Operators are now looking to bring more horizontal drilling and other fracking technologies to the area.

			Roughly almost half of the barrels (45%) produced to date in the Permian have come from the Central Platform and its top operators include; Riley Exploration, Steward II, Walsh, Ring Energy, and Monadnock Resources.

	==World's worse polluter==		==World's worse polluter==

Fierroann: /* The Midland Basin */

2023-03-08T07:59:19Z

The Midland Basin

← Older revision		Revision as of 07:59, 8 March 2023
Line 42:		Line 42:
	===The Midland Basin===		===The Midland Basin===
	The Midland is located in the eastern part of the Permian and stretches north to south from the southern Lamb and Hale counties to northern Crockett county. It has been the hotspot for vertical drilling since the 1940s, though activity took off in the 1970s. Previously, the Spraberry was the targeted formation but with technological advances, fracking in the area has become more effective in the Wolfcamp.		The Midland is located in the eastern part of the Permian and stretches north to south from the southern Lamb and Hale counties to northern Crockett county. It has been the hotspot for vertical drilling since the 1940s, though activity took off in the 1970s. Previously, the Spraberry was the targeted formation but with technological advances, fracking in the area has become more effective in the Wolfcamp.

			The main Midland Operators include: Pioneer, Diamondback, Concho, Endeavor, Ovintiv, Chevron, SM Energy, ExxonMobil and Apache.

	===The Central Basin Platform===		===The Central Basin Platform===

Fierroann: /* The Delaware Basin */

2023-03-08T07:57:46Z

The Delaware Basin

← Older revision		Revision as of 07:57, 8 March 2023
Line 36:		Line 36:

	===The Delaware Basin===		===The Delaware Basin===
	Its located on the western section of the Permian and covers a 6.4M acre area, stretching from Eddy county, NM to Pecos count, TX. The Delaware is the deepest of the sub-basins with the thickest deposit of rock.		Its located on the western section of the Permian and covers a 6.4M acre area, stretching from Eddy county, NM to Pecos count, TX. The Delaware is the deepest of the sub-basins with the thickest deposit of rock. Historically, production focused on vertical development and targeted the Wolfcamp and the Abo/Yeso formations in the Northwest Shelf. The introduction of horizontal drilling, however, has revitalized interest in the Wolfcamp and introduced the Bone Springs as the money-making formations.

			The main Delaware Operators include: Occidental, EOG, Concho, Devon, ExxonMobil, Chevron, Cimarex, Diamondback, and Shell.

	===The Midland Basin===		===The Midland Basin===

Fierroann: /* Management and Regions */

2023-03-08T07:42:08Z

Management and Regions

← Older revision		Revision as of 07:42, 8 March 2023
Line 33:		Line 33:
	5. [[Concho Reserves]]: controls around 600,000 acres.		5. [[Concho Reserves]]: controls around 600,000 acres.

	Covering 86,000 miles and 52 counties across southeastern New Mexico and western Texas, the Permian Basin is made up of three subsidiary basins: the Delaware, Midland, and Central Basin Platforms.		Covering 86,000 miles and 52 counties across southeastern New Mexico and western Texas, the Permian Basin is made up of three subsidiary basins: the Delaware, Midland, and Central Basin Platforms. <ref>https://www.enverus.com/permian-basin/</ref>

	===The Delaware Basin===		===The Delaware Basin===

Fierroann: /* Management and Regions */

2023-03-08T07:30:28Z

Management and Regions

← Older revision		Revision as of 07:30, 8 March 2023
Line 40:		Line 40:
	===The Midland Basin===		===The Midland Basin===
	The Midland is located in the eastern part of the Permian and stretches north to south from the southern Lamb and Hale counties to northern Crockett county. It has been the hotspot for vertical drilling since the 1940s, though activity took off in the 1970s. Previously, the Spraberry was the targeted formation but with technological advances, fracking in the area has become more effective in the Wolfcamp.		The Midland is located in the eastern part of the Permian and stretches north to south from the southern Lamb and Hale counties to northern Crockett county. It has been the hotspot for vertical drilling since the 1940s, though activity took off in the 1970s. Previously, the Spraberry was the targeted formation but with technological advances, fracking in the area has become more effective in the Wolfcamp.

			===The Central Basin Platform===
			The Central Basin sits in the heart of the Permian, between the Delaware and Midland. Primarily vertical wells have been drilled in the CBP related to some of the oldest Permian Basin finds. It is considered a low-risk and high-reward area to drill.

	==World's worse polluter==		==World's worse polluter==