The Permian’s oil pipeline network is expected to grow 60-70 percent in the next five years. The Permian Basin is the energy-producing juggernaut behind the U.S. shale revolution. This vast oil and gas play stretches over 75,000 square miles from West Texas into southeastern New Mexico. The Permian can be split into two sub-basins, the Delaware in the west and the Midland to the east. Over the past century, the Permian has produced approximately 35 billion barrels of oil and 80 Tcf of natural gas. The play’s multiple shale formations are stacked on top of each other like a layer cake. This allows vertical wells to be drilled through many shale zones all at once and then drilled horizontally through even more liquids-rich areas. In short, the Permian is a petroleum geologist’s dream working environment. Today, the Permian is easily the largest U.S. oil field and stands second globally […]