[Editor's note: A version of this story appears in the August 2018 edition of Oil and Gas Investor. Subscribe to the magazine here.]
The sprawling Permian Basin is the oil and gas gift that keeps on giving—often in unanticipated ways. Headlines point to tight formation Wolfcamp, Bone Spring and Spraberry/Dean targets in the Delaware and Midland basins in a mobilization effort that may top $1 trillion in capital spending over the next decade.
That same conversation bypasses conventional targets where skilled geologic and engineering teams deploy modern unconventional techniques to unlock value. Those targets include the Yeso on New Mexico’s Northwest Shelf.