The shale revolution opens up opportunities to develop the market for minerals and royalties
As the shale revolution took hold, oil and gas operators flocked to the Permian Basin to acquire acreage with drilling locations, often for tens of thousands of dollars per acre.
Known as “Permania”, the land rush has cooled as operators focus more on returns for investors than growth in oil and gas production. But the same opportunity that attracted operators to the region gives rise to opportunities in another market: mining rights and royalties.
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