MIDLAND, Texas – Mitch Mamoulides is bullish on the Permian Basin, and for good reason.
As Chevron’s Permian South area manager, Mamoulides oversees more than 13 field management teams operating 11,000 wells on hundreds of sites throughout the Permian. Much of that activity is centered in the Wolfcamp, Cline and Atoka formations.
As the world’s energy appetite continues to grow, he said, the Permian Basin remains a key component of Chevron’s production plans.
By 2035, the global energy demand is projected to grow 42 percent, from 250 billion barrels of ...