Beyond the Permian: Is Dead Cow the next big field?

As land in West Texas’ prolific Permian Basin gets more expensive and harder to secure, oil companies are looking at the potential of other fields, from the Gulf of Mexico to Argentina.

“There are ‘sweet spots’ that haven’t really been tackled yet,” said Frank Patterson, executive vice president of Oklahoma City-based Chesapeake Energy Corp.

The big, easy oil fields have been found, he said, but that doesn’t mean other big finds aren’t lurking. “You just have to get good at what you do,” Patterson said at the CERAWeek energy conference in downtown Houston…

Click Here For Remainder of Article 

Posted in: Daily News

About the Author:

Post a Comment