Permian Basin Injury Attorneys
Protection for Workers in America’s Fuel Tank
Stretching 250 miles across and 300 miles up, the Permian Basin is a large oil store made up of multiple basins in West Texas. The northern tip edge of the basin begins near Lubbock, runs down to Odessa, and runs west into New Mexico. It is the single largest petroleum-producing basin in the United States, with 2.8 million barrels of oil coming out of the basin daily.
In February 2018, oil titan Pioneer Natural Resources sold all of their assets to focus their efforts in the Permian Basin—including divesting 70,000 acres of highly-profitable land in the Eagle Ford Shale region. On the same day, Halcon Resources announced that they were paying $381 million for 22,000 acres in the Delaware Basin (a component of the Permian Basin).
That’s only the beginning—since 2008, the Permian Basin has increased output by 68,000 barrels per day every month. While major oilfields like the Bakken and Eagle Ford regions decreased production by 10-20% after 2016’s oil price crash, the Permian Basin just kept pumping. This boom arrives just as Permian Basin production reaches its 100th birthday, and it shows no sign that it will be a short-term phenomenon. It's here to stay.
The World’s Fastest-Growing Oilfield
The Permian Basin is second to only one field in the world: the Ghawar field in Saudi Arabia, one of the most historically-significant oilfields in world history. However, if you measure growth? The Permian Basin has increased barrel-per-day production by a larger amount than any oilfield in the world. The effects of the Permian Basin may be felt for decades to come, for good or ill.
One obvious benefit of all this is economic growth: towns and cities in the Permian Basin have a population of over half a million people, and their hotels, restaurants, and highways are packed with oil workers like never before. However, economic growth is a double-edged sword—economic development often leads to the sort of “profit-frenzy” that creates unsafe drilling practices.
We Remember the Burned & Maimed of North Dakota
Just a few years ago, North Dakota saw almost the same kind of economic boom West Texas sees right now. Oil companies rode into town, hiring hundreds of young men, offering them fulfilling careers with economic stability, great benefits, and high-action labor. For many of these men, the oilfields offered them what other industries couldn’t: a real career, the ability to buy a home, or a way to support a family.
For a few of them, though, dangerous drilling practices, old equipment, and outdated safety protocols sent them to the hospital—or worse, sent their families to identify them. Our Permian Basin accident lawyers won’t allow it to stand.
Arnold & Itkin celebrates the economic independence of Texas. We love seeing our fellow Texans become successful, independent, and wealthy, but our attorneys in the Permian Basin refuse to allow the pursuit of oil fortunes come at the expense of young men’s lives. We’re watching the development of West Texas’ oilfields with cautious optimism. While we hope oil companies have learned their lesson from the shattered families they’ve left behind, we’re not confident they have—especially after having heard stories from past clients.
If your loved one was hurt or killed working in the oilfields in West Texas, share your story with Permian Basin oilfield lawyers. We know oil companies, so we know what you’re up against. Call (888) 493-1629 for help.