The U.S. is increasingly looking to this Texas region for oil (MarketWatch)

By Claudia Assis (MarketWatch)

West Texas? Permian basin holds nearly as many active oil and gas drilling rigs as the rest of the United States combined ? and that includes offshore rigs in the Gulf of Mexico.

That?s according to the Energy Information Administration?s November drilling productivity report, which also showed that the Permian is the only region where crude oil production was expected to increase for the third straight month.

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