PERMIAN STAYING POWER

摘要

Was Yogi Berra born in Midland? After all,the baseball legend famously said,"It's tough to make predictions,especially about the future."Pundits have weighed in on the future of the Permian Basin for 100 years,and they usually have been wrong,underestimating its potential.In a basin 250 miles wide by 300 miles long,with several hundred companies drilling its numerous stacked pays,anything can happen.By year-end 2019,Permian output was approaching 4.4 million barrels a day (MMbbl/d),and the Texas Railroad Commission reported that about 400 companies were active as operators of record.