We are in booth 869
The Permian Basin was recently dubbed “Saudi Texas”. It holds between 500,000 and one million barrels of idle oil production capacity. Numerous pipeline new-builds, and expansion projects will soon alleviate this bottleneck as midstream companies invest “tens of billions” in a field that was once declared dead. Many producers are streamlining portfolios by shedding strong assets in other regions — just to get a better foothold in America’s “Super Basin”. Tero continues to support and invest in one of the most important industries we serve.