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(World Oil) – Utilizing scientific and engineering analysis, the Railroad Commission of Texas has issued new guidelines that further strengthen permitting of disposalwells in the Permian basin. Additionally, the RRC will place limits on the maximum volumes that SWDs can inject based on the pressure in the disposal reservoirs.
(Oil Price) – As if WTI oil prices in the low $60s per barrel aren’t enough to slow production growth at America’s top producing shale basin, the Permian, new guidelines for permitting saltwater disposalwells could raise the costs for operators, especially smaller producers with limited resources.
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