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With Oil Back at $50, East Texas Shows Signs of Life Again - Fortune

Fortune

With Oil Back at $50, East Texas Shows Signs of Life Again
Fortune
The Permian rig count remains far below its November 2014 peak of 467 rigs recorded by oil services company Baker Hughes, and many areas and new wells less productive than those in “sweet spots” will need prices to climb further to be profitable again.

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Admin 02.06.2016 0 58
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