The graphic blows me away.
Five oil-rich plays, including the Permian Delaware, Bakken, Eagle Ford, Permian Midland and Powder River were showing IRRs above 25%, a threshold that should incentivize new drilling and completion activity for private exploration and production companies. However, most public E&Ps are showing restraint and sticking to their capital discipline strategy.
Isn't the Midland part of the Permian? Whoo-hoo!
I believe the 20,000+ net acres Oasis has/had in the Permian was in the Delaware.
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