Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. Permian Basin articles below.
Logistics are being upgraded to support expanding oil and gas production, including a larger regional airport in Lea County now offering non-stop flights to Denver.
The company’s newest investment will support increased oil and natural gas production from the flourishing Permian Basin region.
A mile beneath the surface of West Texas, there are 75 billion barrels of oil in Permian Basin shale deposits.
Beyond the core focus on the Permian Basin area, the new facility will expand Air Products' existing nitrogen production and distribution network in Texas, New Mexico, Oklahoma and Kansas.