The oil and gas renaissance under way in the Permian Basin now involves an issue of Shakespearean proportions. Picture the balcony scene from Romeo and Juliet where Romeo, a Montague, espies Juliet, a Capulet—two star-crossed lovers from families in a long-running Hatfield-McCoy dispute. Would a rose, Juliet asks, smell as sweet under any other name?So it is with the Cline shale, the latest in a series of new horizontal tight-oil plays revitalizing the Permian Basin.
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