Welcome to the hottest play on the US scene

With more oil in place than in any other US location, Permian basin prices have reached $60,000 per acre — and while fears of a bubble are small, the high cost is making some nervous

Promised land: a drilling unit producing from the Avalon formation in the New Mexico portion of the Delaware basin
Promised land: a drilling unit producing from the Avalon formation in the New Mexico portion of the Delaware basin
Published 9 December 2016, 00:00Updated 10 February 2017, 07:43