Why Wall Street is throwing billions at the Permian
Green Car Congress
AUGUST 31, 2016
The collapse of oil prices has ground shale drilling to a halt, but the one region where drilling is still active, and even increasing, is in West Texas. 8 article , QEP Resources paid $60,000 an acre to an undisclosed owner in June. by Nick Cunningham of Oilprice.com. As Bloomberg noted in an Aug. billion for Permian assets.
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