Is Trouble Brewing In The Permian?

The Permian shale play has been attracting so much attention
lately it’s started to get a little bit boring. But not for oil
investors. The rush to the Permian has continued as everyone
forecasts growing production there. The projections suggest strong
growth—doubling production over the next three years according to
some Permian producers. But one analyst thinks that this explosive
growth is a rather unlikely event. At a recent event, Michael
Hanson from merchant bank Parkman Whaling said that there is a set
of conditions that producers…

The Permian shale play has been attracting so much attention
lately it’s started to get a little bit boring. But not for oil
investors. The rush to the Permian has continued as everyone
forecasts growing production there. The projections suggest strong
growth—doubling production over the next three years according to
some Permian producers. But one analyst thinks that this explosive
growth is a rather unlikely event. At a recent event, Michael
Hanson from merchant bank Parkman Whaling said that there is a set
of conditions that producers…