Texas oil and gas companies prepare for coldest January in over a decade, could affect production
by Chris Kelly
click here to read this article at YourBasin.com
*this article was not written by Roseland Oil & Gas
PERMIAN BASIN (KMID/KPEJ) – In the first full week of January 2025, the Permian Basin experienced a preview of cold and icy conditions. This comes as oil and gas refineries are bracing for one of the coldest January’s in 11 years.
ABC BIG 2’s Chris Talley spoke with a local oil and gas owner on how companies across the state could be affected. Many of those oil and gas companies looking to the past how to handle upcoming freezing conditions.
For Kirk Edwards, he said while operation concerns are present, as Owner of Latigo Petroleum, he and many others in the Basin have been there before.
“It’s not our first rodeo to go through cold weather. It’s a very good-news/bad-news thing,” said Edwards. “The good news is, when we have a cold January like this, natural gas prices are going to go very high. That is fantastic because West Texas is notoriously bad for natural gas pricing,”
These weather conditions are said to freeze pipelines, as well as shut off instrumentation and various processing equipment. Posing a threat to some operations – challenges posed back in the freeze of 2021.
“It also depends if there is moisture, so the people can try to get out in the field and get their wells going again with steamers and hot oilers and all sorts of other equipment,” said Edwards. “If it’s snow and ice [then companies] can’t get out to their [oil wells], then it will freeze off and it’s bad for the whole state because that’s what happened a few years ago (in 2021) when all the lines got frozen off and nobody could get the gas going again.”
While below freezing temperatures are said to make their way to parts of the Permian Basin Monday, January 20, Edwards said its best companies prepare as soon as they can to continue running operations smoothly.
by Chris Kelly
click here to read this article at YourBasin.com
*this article was not written by Roseland Oil & Gas