Has Permian Peaked? Wall Street Worries About Its Sure Thing

Crude Oil: $49.68 barrel, Natural gas: 2.887/MMBtu, Gold:$1283.20 per troy oz


Investors are getting nervous about the Permian. The problem? Too much natural gas. The west Texas oilfield is the epicenter of U.S. drilling activity and is expected to drive the country’s growth in oil production in the coming years. Investors have grown accustomed to companies reliably beating expectations there–producing ever greater amounts of oil and […] Read more.

Resource: WSJ

oil gas processing plant epc turnkey consulting managementAlgaProcessing LLC specialize in business process consulting for the oil and gas industry with the commitment to increase productivity and maximize profit by sharing wealth of knowledge in Consulting, Coaching and Management.

6200 SAVOY DR. HOUSTON, TX 77036 U.S.A