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Call it Permian Version 3.0
May 9, 2018
Source: World Oil

Call it Permian Version 3.0

Tim Dove, who leads Pioneer Natural Resources, has termed the new wells in the Permian basin as “3.0 plus” models owing to their high productivity, pumping 35% more oil than their predecessors. Technology has played an instrumental role in Permian’s stellar performance, strengthening US’s energy independence and further indicates that the biggest oilfield may give more.

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