Companies have been extracting oil and natural gas from the Permian Basin for over 100 years, bringing rise to the question of just how much is left. Since 1920, over 30 billion barrels of crude oil have been recovered. But with a 2018 discovery of new reserves in the Permian Basin, the United States Geological Survey estimates there are at least 46 billion barrels of oil and 280 trillion cubic feet of gas remaining.
Although the number of active rigs has decreased dramatically due to COVID-19, this number is quickly rising. Our Permian Basin injury lawyers believe that those crews who are still working and the new crews being brought back deserve protection and support in the event of an accident or injury.