Horizontal drilling unlocked new energy in the Permian Spraberry play. Oil production growth results from modern completions and stacked development with the Midland Wolfcamp. We expect growing activity and future capex spend in the Spraberry. We've added this new Spraberry report to our Permian basin coverage, in response to renewed interest in the play. The in-depth analysis presents our views on supply outlook, subsurface, completion design, operator landscape, and M&A activity and takeaway capacity.