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Permian Basin oil firms weigh adding drilling rigs this year
Major independents EOG Resources and Pioneer Natural Resources consider adding rigs in the Permian as oil climbs toward 65 dollars a barrel and costs fall. Pioneer plans two rigs a month starting July, with potential further increases in 2016, while EOG eyes gradual activity as prices hold.
MENTIONED IN THIS ARTICLE
Permian
EOG_ Resources
Pioneer Natural Resources
Tim Dove
Pioneer
Plains-West Texas
Steve Pruett
Elevation Resources
Midland
Permian Basin
Baker Hughes
Pruett
Dove
Nounced
EOG
Bill Thomas
United States
Iran
Energy Information Administration
Cushing
Okla
West Texas
Diamondback Energy
Travis Stice
Tim Leach
Leach