Tags » Permian

Pioneer will sell $1B in stocks and pipeline to ride out falling oil prices

Pioneer Natural Resources will continue operating in the Permian Basin despite falling crude oil prices by selling a pipeline in the Eagle Ford Shale, CEO Scott Sheffield said in a conference call.The Irving-based company also plans a $1 billion stock offering.”It allows Pioneer to really prudently develop its assets in what I believe could easily be a $70 to $80 per barrel oil price environment over the next two years,” said Scott Sheffield, CEO of Pioneer. 17 more words

Eagle Ford

News at the base of the Amniota, part 8: The list of Viséan amniotes has grown.

Earlier (in seven prior blog posts) we looked at the new basalmost amniotes and how they evolved.

With the news
that the Amniota (and amniote eggs) extended back to the… 287 more words

Reptile Family Tree

Our place in the sky

The Milky Way galaxy, is home to around 300 billion stars. In observable universe terms, our galaxy is a titan, Jupiter like, when compared to others, yet Neptune like when compared to massive elliptical galaxies, 20 times the size of our own. 484 more words

In response to Blinding Friday Night Lights

Odessa, Texas is a place very dear to me and the phrase, “Friday Night Lights” almost always draws my attention.  I grew up in private schools with no high school football team to call my own.   605 more words


Geological history and the Bedlam Walls area

For readers interested in the rock foundations of the Bedlam Walls Point the information from http://www.mrt.tas.gov.au/mrtdoc/dominfo/download/TR12_116_118/TR12_116_118.pdf may be of help.

“The area examined is rectangular and measures about 700 yards from SW to NE and about 600 yards from NW to SE. 413 more words

Derwent River

Genscape Predicts Large Growth in Permian NGL Production

The production of natural gas liquids NGL in the Permian Basin will take off over the next several years as producers shift focus to liquids-rich shale plays and midstream companies follow their lead and build the necessary infrastructure to process and transport the liquids, according to an executive with Genscape Inc.In a five-page white paper, Bob Simmons, Genscape NGL product manager, said the firm believes NGL production in the Permian is on pace to increase by about 50,000 b/d in 2014, and by about 250,000 b/d by the end of 2018. 208 more words