The Permian Basin
The Permian Basin is seeded in such a deep part of Texas history. It remains the stomping ground of the evolution of conventional oil and gas production and discovery techniques. Most of the best oilmen of the world have either come from or have worked together in this area. You see oil and gas knowledge so to speak, is not created in the classroom, it is learned from the oilfields. It is learned from the success of completion and the oil underneath your fingernails.
Settling with the cows, camping with the coyotes. Respecting the ranchers way of life by becoming a rancher as a many a ranchers respected the oilmen and became oilmen. Growing up together in towns like Midland or Odessa. Having those chats about drilling and discoveries. Working with men, who learned from their dads, and their dads. Trial and error, success and defeat. By working together the oilmen in this area became the best in the world at oil and gas production soaring past expected returns and developed new arts and sciences in the field of enhanced recovery and secondary production stimulation techniques.
Many of those were discussed on the field I remember with PhD. David Rowland of the University of Texas Permian Basin and my father C.W. Sanders where enhanced secondary and tertiary recovery techniques were applied with great success. The beautiful thing about Oil & Gas is that is has to be learned from the field. From drilling and completion - and none of that has gone on more than in the Permian Basin. When you fly over the Permian Basin you know it as the terrain is speckled with oil and gas locations evenly as far as the eye can see, with Pump Jacks still pumping out oil for over forty years straight.
The reason for success in this area is simple. The Permian Basin is the bowl of an ancient ocean that existed in Texas during three major epochs. During these times marine sediment was left over mostly in the form of plankton, zooplankton, and phytoplankton, from a very shallow and highly populated inland sea. These left over organic remains are our fossil fuels in the oilfields. The Permian Basin was also fully explored by major and independent oil companies alike before the discovery of shale natural gas completions were pioneered in the barnett shale of north Texas. We should see a shale phenomenon underneath the production we have been producing from for over 100 years. Shale is the source bed rock for the oil and the gas, but look at all of the interesting zones which makes each one of these projects a success because of the multiple zones of oil and gas.
Do you have operations, land,
or minerals over the Permian
DRILL YOUR RETIREMENT IN THE NATURAL GAS SHALE