Monday, June 2, 2014

Active rigs:

	6/2/2014	06/02/2013	06/02/2012	06/02/2011	06/02/2010
Active Rigs	189	187	215	173	122

RBN Energy: continuing series on pipeline takeaway in the Permian.

Permian crude production is up over 1.5 MMb/d today and headed to 1.7 MMb/d by the end of 2014. Current hot spots include the Bone Spring, Avalon and Wolfcamp horizontal shale plays in the northern Delaware Basin located in Northwest Texas and Southeast New Mexico. Today we look at new and proposed gathering systems in the Delaware Basin that will transport over 200 Mb/d of crude from truck terminals to regional pipelines, rail hubs and refineries.