Oil Production In Permian Has Outgrown Infrastructure

By |2018-09-08T22:51:13+00:00September 9th, 2018|Latest News, Local Businesses, Midland Texas|

  Did you know that production of oil in the Permian is actually increasing by 800,000 barrel per day (BPD) each year? Production has averaged 3.3 million BPD lately. The pipeline capacity is 3.6 million BPD and in just a few months, we're expected to exceed that in production. Then what? Until infrastructure is built [...]