Permian Basin falls victim to higher operating costsZiff attributes increase to property, severance taxes, higher operating costs Petroleum News
The U.S. Permian Basin, the largest oil-producing region in the onshore Lower 48, is laboring beneath a double whammy of decreasing production and particularly increasing unit operating costs, according to an industry study by Ziff Energy Group, a prominent North American energy consulting firm.
Zif....
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Major realignment of field ownership since 1999
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