Our staff encountered that term for the first time in 2017.
A market study of the region last year showed the Permian Basin’s recoverable resources would be enough to supply every refinery in the U.S. for 12 years and have a market value of about $3.3 trillion, according to Bloomberg. And many major oil companies have been expanding in New Mexico’s Permian.
Work in the Permian presents big challenges,…
Source: The Business Journal