The Permian Basin is the largest oil field on the planet. Tens of thousands of wells dot the 86,000 square landscape that spans West Texas and Southeastern New Mexico. Disclaimer: AAAS and EurekAlert!
“This looks mostly like a play for additional scale for Civitas and expands the company’s operations beyond the DJ Basin into both sub-basins of the Permian,” Dittmar notes. “While Civitas ...