Innings

Permian Basin in ‘Early Innings’ of Tech-Driven Renaissance

The venerable Permian Basin in West Texas is in the “early innings” of an oil/gas renaissance that promises to be technology driven, riding the wave of horizontal drilling, which still represents only a quarter of Permian rig activity, according to a report released Monday by Houston-based financial services company U.S. Capital Advisors.

June 12, 2012

Report: Permian in Early Part of Tech-Driven Renaissance

The venerable Permian Basin in West Texas is in the “early innings” of an oil/gas renaissance that promises to be technology driven, riding the wave of horizontal drilling, which still represents only a quarter of Permian rig activity, according to a report released Monday by Houston-based financial services company U.S. Capital Advisors.

June 12, 2012

Reliant Cites Retail Market as ‘Natural Hedge’

Reliant Resources is doing well in the opening innings of retail electric choice in the ERCOT market and looks to growing retail sales to provide a natural hedge to its wholesale market operations, Chairman Steve Letbetter told stockholders in making a delayed announcement Friday of very positive fourth quarter and full year 2001 earnings for the Resources group and parent Reliant Energy.

April 1, 2002