The Permian Basin: The gift that keeps on giving!

by D. Middleton, Oct 4, 2022 in WUWT

SEPTEMBER 30, 2022
Advances in technology led to record new well productivity in the Permian Basin in 2021

The Permian Basin in western Texas and eastern New Mexico is one of the world’s most prolific unconventional oil- and natural gas-producing regions. The Permian Basin has become more productive because of the technological advancements in drilling and completion techniques, which allow operators to economically extract hydrocarbons from the low permeability reservoirs.

The stacked reservoirs of the Permian Basin, and the Delaware and Midland subbasins within it, vary in thickness and depth. Improved geological understanding, known as subsurface delineation, helps operators place wells to optimize well spacing in the most productive areas.

The Permian Basin has produced oil and associated natural gas from vertical wells for decades. Since 2010, advances in hydraulic fracturing and horizontal drilling led to rapid production growth. The number of new horizontal wells increased to 4,524 in 2021, compared with 350 in 2010. In June 2022, the Permian Basin accounted for about 43% of U.S. crude oil production and 17% of U.S. natural gas production (measured as gross withdrawals).

The length of a well’s horizontal section, or lateral, is a key factor in well productivity. In the Permian Basin, average well horizontal length has increased to more than 10,000 feet in the first nine months of 2022, compared with less than 4,000 feet in 2010.


See also:

Malthus, Ehrlich and now… Peak Permian

The Media Are Deliberately Lying About Climate Change And Hurricanes

by M. Schellenberg, Oct 4, 2022 in ClimateChangeDispatch

Over the last several weeks, many mainstream news media outlets have claimed that hurricanes are becoming more expensive, more frequent, and more intense because of climate change. [bold, links added]

• The Financial Timesreported that “hurricane frequency is on the rise.”

• The New York Timesclaimed, “strong storms are becoming more common in the Atlantic Ocean.”

• The Washington Postsaid, “climate change is rapidly fueling super hurricanes.”

• ABC Newsdeclared, “Here’s how climate change intensifies hurricanes.”

• Both the FT and NY Times showed graphs purporting to show rising hurricane frequency using data from the U.S. government’s National Oceanic and Atmospheric Administration (NOAA).

All those claims are false.

The increasing cost of hurricane damage can be explained entirely by more people and more property in harm’s way. Consider how much more developed Miami Beach is today compared to a century ago. Once you adjust for rising wealth, there is no trend of increasing damage.

Claims that hurricanes are becoming more frequent are similarly wrong.

“After adjusting for a likely undercount of hurricanes in the pre-satellite era,” writes NOAA, “there is essentially no long-term trend in hurricane counts. The evidence for an upward trend is even weaker if we look at U.S. landfalling hurricanes, which even show a slight negative trend beginning from 1900 or from the late 1800s.”

What’s more, NOAA expects a 25% decline in hurricane frequency in the future.