In the Permian it's not a question of if there's oil, it's only a question of when it will be produced.
Asset Value Focused
Indian Mesa Petroleum Exploration & Development, the Permian operating arm of Benedum & Trees, channels regional expertise to identify and acquire high‑potential unconventional assets that generate enduring value. Development feasibility is evaluated in terms of project maturity. Recoverable hydrocarbon quantities are quantified using (i) performance-based procedures, (ii) analogy, and (iii) volumetric calculations.
The Unconventional Frontier
Unconventional resources are typically pervasive throughout a large area and are not significantly affected by hydrodynamic influences. Modern technology requires drilling many wells over a large area to extract hydrocarbons effectively from low-permeability unconventional deposits such as tight oil and shale formations.
Crude Oil Energy
Tonnes of oil equivalent (TOE): Unit representing energy generated by burning one metric ton (1,000 kilograms or 2204.68 pounds) or 7.33 barrels of oil equivalent (BOE), and equivalent to the energy obtained from 1270 cubic metres of natural gas or 1.4 metric tons of coal, that is, 41.868 gigajoules (GJ), 39.68 million British Thermal Units (MMBtu), or 11.63 megawatt hours (MWh).
