Bullboard - Stock Discussion Forum Veren Inc T.VRN

Alternate Symbol(s): VRN

Energy Oil & Gas E&P

Veren Inc. is a Canada-based oil producer with assets in central Alberta and southeast and southwest Saskatchewan. The principal activities of the Company are acquiring, developing and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly owned subsidiaries. Its core operational areas include Kaybob Duvernay and Alberta... see more

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Veren Inc > Permian produces 5 barrels of water for each barrel of oil

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Post by soundandfury on Feb 18, 2021 8:26am

Permian produces 5 barrels of water for each barrel of oil

Produced water is piped and stored to be reused........probably this infrastructure has all froze......breaking pipes all over ......what a mess.....oh woe is me.....wink wink*

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Comment by Backinblack1000 on Feb 18, 2021 8:32am

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Comment by Moemoney42 on Feb 18, 2021 8:39am

Yup, with all the broken pipes and fittings I can see it being months end before they get their production up to the same level as prior to the big freeze..

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Veren Inc