Permian/Delaware trends
General Mineral Rights Discussion
Of 803 total number of rigs drilling unconventional gas and oil recovery wells onshore in the USA, 426 are running in the Permian/Delaware basins…far and away THE most active shale play producing zones in the USA or the world.
MOST of the 10.7 million barrels of oil and natural gas liquids produced each month in the USA comes from the Permian/Delaware…and drilling is increasing in that area in spite of inadequate take away pipeline infrastructure as construction continues at an accelerating pace.
So, expect the ‘boom’ in Reeves county to continue for years to come.
ol’ Lawrence in Verhalen, Reeves county, Tx