The Permian basin has more rigs running than any other basin in the lower 48. Currently the Delaware sub basin has more rigs running than the Midland sub basin. The first half of the year was dominated by spectacular transactions in the Delaware. Many research firms conclude that the Delaware has some of the lowest break even prices in the unconventional landscape. At least three super majors and ten major independents are materially active in the sub basin. Newly discovered reservoirs in deeper formations are proving to be strategic game changers in the Delaware. Midstream infrastructure is gearing up for additional capacity both with respect to oil and gas. What is under pinning this list of impressive metrics? Mr. Sieler will review the various dimensions of geology, engineering, economics, deal space, and midstream activities that are driving the Delaware.
NO WALK-IN REGISTRATIONS AVAILABLE FOR THIS MEETING
Valet parking available for $25. The Petroleum Club provides a $10 discount sticker.