Permian acreage values are changing rapidly, frustrating those who want in and providing a windfall to incumbent operators. What some are calling an acreage valuation bubble in the Permian may be just the tip of an inflation iceberg in the play.
A tsunami of capital targeting deals in the region is driving up prices because the Permian offers everything investors want in an E&P asset right now. What does the land grab and acreage inflation mean for the rest of the oilfield value chain in the play? We explore in this update.
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