The Permian basin in West Texas and New Mexico contains some of the most coveted acreage of any region in the unconventional oil and gas industry.
Prolific stacked pay zones like the Wolfcamp and Spraberry trends in the Delaware and Midland sub-basins have allowed producers to amass lucrative core positions with decades of drilling inventory.
These days, few labels in the E&P space elicit more enthusiasm from the investment community than “Permian pure play”.
