Lengthy, well written article worth reading in its entirety.
Lengthy, well written article worth reading in its entirety.
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My dad and uncles helped drill quite a few of those legacy wells. We lived in Roswell. They drilled the Delaware basin for years. Crude and lots of natural gas.
The small guys were making a little money at $40-45. At $68, I don’t think they will go broke with their outdated, inefficient equipment on the old wells.