The consolidation process in the Permian Basin is underway, echoing the evolution of many mature basins that came before it. Taking a closer look at these historical examples can provide clues that hint at the possible implications a number of active operators in the Permian may face as the basin continues to consolidate. Figure 1 shows the number of active operators in the Midland and Delaware basins, along with the Bakken, Eagle Ford, Marcellus and Utica plays. Within this analysis, Rystad Energy considers an operator as active if it has completed at least one horizontal unconventional (fracked) well in the given ... (full story)