+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

This map shows how oil flows out of American oil's 'sleeping giant'

Jun 10, 2016, 03:45 IST

Texas' Permian Basin has long been considered to be American oil's "sleeping giant."

Advertisement

And, notably, in the past week, operators in the region added five rigs to their active count, which OilPrice.com's Irina Slav suggested demonstrated "that the basin is perhaps the most viable across the shale patch, with its low production costs and abundant reserves."

Below, a map of the main pipelines in the Permian Basin via a Credit Suisse research team led by Jan Stuart.

Solid lines indicate existing pipelines, while dotted ones represent those that are under construction. And, we should note, the map is not to scale.Credit Suisse

NOW WATCH: 5 signs you're going to be extraordinarily successful

Please enable Javascript to watch this video
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article