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Wednesday, April 3, 2013

The United States of Oil (3 of 12)

The United States of Oil
By John Lippert - Apr 2, 2013
3 of 12


Priming the Permian Basin

http://www.bloomberg.com/slideshow/2013-04-02/the-united-states-of-oil.html#slide3

Well pads, flattened and cleared to make way for drilling equipment, cover portions of the Permian Basin in west Texas. The Permian has been a cradle of traditional drilling since 1921, producing 32 billion barrels. Some experts forecast that with carbon dioxide-enhanced oil drilling techniques, the Permian can yield another 32 billion barrels, or more.

http://www.bloomberg.com/slideshow/2013-04-02/the-united-states-of-oil.html#slide3

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