Mergers & Acquisitions by Key Players to Propel the Growth of Shale Oil and Gas in Permian Basin Market
Shale oil and gas formations in Permian Basin ranges from 1,300 feet to 1, 800 feet, making it one of the thickest deposits in the globe. Shale oil and gas in Permian Basin market continues to witness an upward trend due to the presence of sufficient hydrocarbon reserves and the ability to drill bigger laterals. This, in turn, has made Permian Basin one of the most prolific shale play in the globe. Besides, the infrastructure hindrances, Permian holding is still...
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