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Competition for oil services ramping up in Permian; ‘It’s déjà vu,’ says Parsley CEO

Bryan Sheffield isn’t worried about a land-price bubble in West Texas’s booming Permian Basin oil field. Sheffield, chief executive of Austin-based Parsley Energy, just spent $2.8 billion on Permian land held by Fort Worth’s Double Eagle Energy. It was the second largest deal of the year so far, behind only Exxon Mobil’s $6.6 billion purchase …

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