High per-acre costs make turning a profit in the Delaware more difficult
Capital has rushed into the Permian as oil prices stabilize and operators look for the best acreage possible. The majority of that capital has been focused in the Delaware Basin where layers of stacked pay have made acreage extremely attractive, and the cost per acre significantly higher than elsewhere in the country. While E&P companies continue to realize strong returns even as the cost to enter the basin increases, the nearby Midland may offer a better investment f...


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