Friday, May 21, 2021

Economics Continue To Improve; Shale Basin Operators Hold Steady -- S&P Global -- May 20, 2021

Link here.

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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