Domestic Crude Oil First Purchase Prices by Area
Note, some of the difference are due to quality, not just location.
Domestic Crude Oil First Purchase Prices by API Gravity
It makes it hard to find a simple comparison, but such has always been the case in the oil market.
Devon energy is going to announce sometime soon the results of their drilling in cline shale formation in west texas.
It would seem that any companies with leases near devon energy’s drilling areas will find that the value of their leases would go geometrically.
I did a quick survey of companies with leases near Devon Energies drilling and found one: Lynden Energy Corp. (LVL.V).
Do you see the same thing? Can you suggest others?