Date(s) - January 11, 2018,
11:30 am - 1:00 pm MST
Petroleum Club - Wyatt Suite
3esi-Enersight is proud to sponsor the upcoming SPE GCS Reservoir Study Group Luncheon, “What Makes the Delaware Tick” presented by Jeff Sieler from Citigroup Investment Bank.
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 subbasin. 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 subbasin. 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 underpinning 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.