High-grading is leading the way to honey wells in the core fields in the most productive oil & gas plays.
For an example, let’s take a look at oil & gas permitting activity for the last 30 days across the USA.
Image Source: Drillinginfo’s DI Activity Maps
This heat map clearly shows the development of some defined “honey spots” for drillers. We see the dual Permian foci on the Midland and Delaware Basins in West Texas and New Mexico; a continuing Marcellus/Utica concentration of activity in southwestern Pennsylvania and eastern Ohio; Niobrara basin activity tightening up around a few parts of Colorado and Wyoming; the Bakken in western North Dakota; and the ongoing drilling in California.
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