energy prospectus group · 2/26/2019 · eia now forecasts permian oil production to be >...
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Energy Prospectus GroupFounded in 2001
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Texas is the “Saudi Arabia” of the USA
U.S. is #1 Oil Producer in the World
Permian Basin = 19 million acres
Stacked Pay Zones
Outside of the Permian Basin and Gulf of Mexico, everything else nets to zero growth
EIA now forecasts Permian oil production to be > 3,450,000 BOPD in 2018> 4,200,000 BOPD in 2019> 4,700,000 BOPD in 2020
Midstream companies are working hard to bring more pipeline capacity to the Permian
Can the Permian Basin keep up with the RELENTLESS growth of global demand for oil?
Amazing Energy (AMAZ)Will McAndrew, CEO