Where have drilling costs dropped the most? Midland Basin, of course

March 31, 2017 / By Surprise Valley Resources

The costs of producing oil in the major U.S. shale fields have dropped by almost half over the past two years, but none as much as West Texas’ Midland Basin, a part of the prodigious Permian. Drillers in the Midland, the eastern section of the Permian Basin, used to produce oil for about $71 a …
Source: FuelFix