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Texas driller produces US oil industry ‘miracle’
One of America’s largest oil fields is still pumping fuel while federal drilling permits backlogged for 9-12 months
In the vast Permian Basin located in western Texas, oil isn’t hard to come by according to producer and drilling company Tall City Exploration.
- Kristen Altus
- FOXBusiness
With record-high gas prices and the market’s need for more supply, Tall City CEO Michael Oestmann says the company is working to increase daily production from 10,000 barrels to 20,000 by the end of the year.
“It’s right here and it’s good for America,” Oestmann told FOX Business’ Lauren Simonetti. “It creates American jobs.”
While Tall City’s private land can receive drilling permits in as quickly as…