Azzier News

DUG Permian Basin, Conference at the Fort Worth Convention Center in Fort Worth Texas

January 25, 2019
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.

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