Company buying oil fields in Lea County

Full story: KOB.com Eyewitness News 4 - New Mexico

An independent oil and gas exploration company is buying nine Permian Basin fields, including some in Lea County, from Marathon Oil Corp.

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Bob the Builder

Cypress, TX

Sounds like they decreased the spacing rather than increased. But I don't know for sure, since I've only got about 45 years in the oil patch.

Hal

Ocean City, MD

Bob the Builder wrote:

Sounds like they decreased the spacing rather than increased. But I don't know for sure, since I've only got about 45 years in the oil patch.

I think you're right on that, unless I don't know my increase from a decrease.

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