DELAWARE BASIN DELIGHTS

摘要

Acouple of veteran Permian players were especially bullish on the Delaware Basin at this year's annual Enercom Inc. event, The Oil & Gas Conference. More than 400 rigs are currently working in the Permian Basin—a level of activity not seen since the glory days of 1981. Some 80 of these are in the Delaware Basin, and are focused on new-generation unconventional plays. "What we discovered in the Permian was that many of the zones that were bypassed historically were great producers using the new technology," said Tim Leach, chairman and chief executive of Midland-based Concho Resources Inc.