Freezing rain impacts Texas oil operations
Dallas (UPI) Jan 7, 2015 - It's not oil prices, but extreme winter weather that's impacting production and drilling operations in the Permian shale oil basin in Texas, an operator said. Pioneer Natural Resources said severe winter weather in West Texas has left the Spraberry/Wolfcamp area in the Permian basin in the dark and out of reach. The company said an "extensive recovery period is expected," and it could t ... more
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