2018 Basin Field 
Permian Basin Oil and Gas Magazine
MARCH 1, 2025
Starting Small, then Growing by Leaps and Bounds Early in the shale revolution, before about 2012, 5000-foot laterals were the new and challenging thing in the Permian Basin. Averages of 10,000 were standard by 2018, when 12,500 became the new norm, LeBlanc observed. Three milesabout 15,000 feetbegan trending in about 2023.
Drillers
MARCH 24, 2020
The country’s first field began producing in 1958 at a rate of 5,100 BPD. company has a 40-60 joint venture with the NNPC, which is the majority shareholder, and stakes in several offshore fields, including several deepwater blocks that have yet to be developed. on frontier and inland basin projects. How did this happen?
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