[Editor's note: A version of this story appears in the May 2019 edition of Oil and Gas Investor.]

The Permian Basin’s patchwork of acreage is often described as a checkerboard. This is a myth.

That analogy suggests there are semi-discernable square-like tracts that can be joined together to form lateral-well friendly parcels.

The reality is like the sting of English Leather aftershave. The acreage of the Midland and Delaware basins more accurately resembles the world’s most awful quilt.

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