Severe winter weather in the Permian has resulted in power outages, frozen-over roads, limited access to production and drilling facilities, and frozen facilities. Because of this, companieshave decreased their fourth quarter expectations for Permian production. Energen Corporation expects their 2013 production to fall below the projected 23.4-23.8 MMboe. Laredo Petroleum stated on December 4 that more than half of its wells cannot pump and therest of the wells are producing at less than average......
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