The Permian Basin in Texas and in New Mexico is getting more attention from shale drillers, reports the U.S. Energy Information Administration:
"The Permian now holds nearly as many active oil rigs as the rest of the United States combined, including both onshore and offshore rigs, and it is the only region in EIA’s Drilling Productivity Report where crude oil production is expected to increase for the third consecutive month."
Read the full story, with chart, here.