• There are 347 active oil rigs in the Permian region this issue, up from 139 YOY. • Reeves Co., TX, is the most active county with 51 rigs, up from 19 YOY. • EOG completed the top well of this issue. Drilled in Lea Co., NM, the Audacious BTL Federal Com #2H targeted the Upper Wolfcamp, flowing 4,622 boe/d (75% oil). This well sports a 7,300-ft lateral. • Chevron grew its Permian Basin......
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