Payback Periods Lengthen in Northern Midland Basin, Pioneer’s Performance Shines, IHS Says

Dateline City:
HOUSTON
Contacts
All Industries
IHS Media Relations, +1 303 305 8021
press@ihs.com
or
Chemicals; Energy; Natural Resources
Melissa Manning, +1 832 458 3840
melissa.manning@ihs.com

Nascent Spraberry play encouraging, but stacked pay and steep learning curves in basin suggest more time needed to properly risk company acreage

HOUSTON (Nov. 11, 2015) – An analysis of oil and gas company plays in the Northern Midland Basin -- a sub-basin of the prolific Permian basin -- indicates that few of the basin’s corporate sub-plays are currently economically viable even at current costs, according to analysis from IHS (NYSE: IHS), the leading global source of critical information and insight.

Language:
English

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