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Then the Texas Railroad Commission initiated a program to monitor seismic activity focused on the Permian Basin. Pipelines, water storage lagoons, and treatment plants, quickly came online to manage PW at scale. The pipelines move water around at a fraction of the cost of trucking. Venture capital money flowed in.
The Selene discovery is a key driver for this Acquisition, which forms an important component of Viaro’s recently announced transaction with Shell and ExxonMobil, as well as within the broader basin context. The transaction reflects our commitment to advancing key developments responsibly and with the continuity they require.
As the industry evolves in the mature North Sea basin, we remain committed to supporting our clients with world-class O&M solutions." We’ve demonstrated our ability to deliver safe, efficient, and reliable crane operations in a highly complex offshore environment. Already a member?
Equinor has deepened its position in the Santos basin after winning the S-M-1617 block during Brazils 5th Open Permanent Concession bid round. The license is in close proximity to the S-M-1378 block we already own, an area with strong potential that we can leverage to reinforce our position in the Santos basin. Already a member?
The Permian Basin is a hotbed of activity, always answering a relentless demand for output, and as experts look ahead, the infrastructure needed to accommodate surging output comes squarely into focus. He says the Permian Basin region has seen a couple of gigawatts of average growth.
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