Texas Cold Halts Some Permian Oil as Ice Disrupts Trucking
- Oil wells succumb to extreme cold weather across the Permian
- Subzero temperatures disrupting gas processing plants
Ice coats trees and the road as an SUV drives in Richardson, Texas, on Feb. 3, 2022.
Photographer: LM Otero/AP PhotoThis article is for subscribers only.
The extreme cold that’s descended across Texas is prompting some oil producers in the Permian Basin to halt a small part of their output as icy roads disrupt critical trucking operations.
One large Permian driller had about 4,000 barrels a day of crude production shut because of the weather, according to a person familiar with the situation, who asked not to be named as they’re not allowed to discuss it publicly. The shut-ins were partly because of the weather’s impact on the wells, and a lack of trucks to gather the crude, the person said. The region produces almost 5 million barrels a day of crude.