Forbes: No, China Is Not Buying The Permian Basin
May 22, 2020 | News Roundup
May 21 — A lingering myth has been created by a story which began circulating around social media a couple of weeks ago. The myth holds that China is rapidly scooping up major positions in the Permian Basin in the midst of the current oilfield bust. I must have received private messages on social media and emails from two dozen people related to this rumor in recent weeks.