- Oil exploration and production analysts at Wunderlich make it clear they like the Permian Basin in west Texas for the variety of stacked pays offered, and they think producers are just beginning to understand the full potential of the resource plays in the region.
- The firm estimates potential for more than 100 years of production, and that the region could have well over 1B barrels of oil.
- The big E&P companies, with the financial power to cover the costs, have a decided edge in the Permian Basin, the firm says: APC, APA, CVX, COP, XOM, EOG, OXY.
Wunderlich: Permian Basin brings 1B-plus barrels of oil opportunity
Oct 2 2013, 11:27 ET