Crowded midstream infrastructure is forcing operators to delay the completions of their wells in the Permian Basin, causing some to compare the juggernaut to the Appalachian Basin, which is just now resolving some of the takeaway issues that plagued it for years. The number of wells that have been drilled but remain uncompleted in the Permian has doubled in the past year as operators struggle to find the pipeline capacity and services needed to bring them into production. "We think of the Permian as the new Northeast," said Bemadette Johnson, vice president of market intelligence at consultancy Drilling Info.
展开▼