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GlobalData: best performing wells in Permian break-even at as low as US$22 per barrel

Green Car Congress

JUNE 27, 2018

During the last three years, companies operating in the Permian basin have drilled much longer laterals and used substantially more complex well completion design in their newer wells with the aim of reaching higher initial production (IP) rates. On 25 June, the price of a 42-gallon barrel of West Texas Intermediate Crude (WTI) was $68.08.

Oil 236
Oil Chevron Texas New Mexico 236
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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

APRIL 16, 2009

The current electrical grid is poorly designed for distributed generation of power. Millions of EVs and PHEVs would expand the sale of electricity as an alternative to oil. No more Big OIL - think of the extra money stimulating the economy! Smart meters and substations will be integral. Then we are done! No more big energy!!

Grid 28
Grid Electric Vehicles Vehicles Oil-Sands 28
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