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WPX Enters the Permian; Acquires RKI Exploration

Closing Announcement - August 17, 2015

WPX Energy has announced that it has successfully closed the purchase of privately held RKI Exploration & Production, LLC.

With the merger com



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Top  Operators ( Jan 1, 2016 - Aug 28, 2016)

Anadarko Petroleum Corp ( 60 )   

Concho Resources, Inc. ( 29 )   

Apache Corporation ( 26 )   

Shell ( 25 )   

EOG Resources, Inc. ( 24 )   

Energen Corp. ( 22 )

Silver Hill Energy Partners LLC ( 16 )

Centennial Resources Development, LLC ( 15 )

 Drilling Permits Trends ( Jan 2015 - Aug 2016)

Drilling Permits ( July 29, 2016 - August 28, 2016)
Date Approved Company county Well Name Well type Field/Zone
08-23-2016 EOG Resources, Inc. Loving State Mercury 7 18h Phantom ( Wolfcamp )
08-23-2016 NGL WATER SOL DJ LLC Reeves North Reeves 5885 Swd 2 Unknown At This Time
08-23-2016 Silverback Exploration LLC Reeves Parker 5-43 C9-12 1h Phantom ( Wolfcamp )
08-22-2016 Anadarko Petroleum Corp Reeves Nessie 56-2-35 Unit 1h Phantom ( Wolfcamp )
08-22-2016 Clayton Williams Energy Inc. Reeves Trust State 242 1h Hoefs T-k ( Wolfcamp )
08-22-2016 Rki Exploration & Production, Llc Loving Cbr 22 15h Phantom ( Wolfcamp )
08-22-2016 Rki Exploration & Production, Llc Loving Cbr 22 16h Phantom ( Wolfcamp )
08-22-2016 Rki Exploration & Production, Llc Loving Cbr 22 17h Phantom ( Wolfcamp )
08-22-2016 Rki Exploration & Production, Llc Loving Cbr 22 18h Phantom ( Wolfcamp )
08-22-2016 Silver Hill Energy Partners LLC Loving Ludeman D 303h Phantom ( Wolfcamp )



Avalon Shale Overview



The Avalon Shale, which extends essentially across the entire Delaware Basin, is a member of the Permian-aged Bone Spring formation of the Leonardian geologic series. It is sandwiched betweenthe Delaware Sands and 1st Bone Spring Carbonate above and the 1st Bone Spring Sand below at depths ranging from 6,500 – 9,000’.

The Avalon covers largely the same area as the 1st Bone Spring and its name is occasionally used by some operators to refer to either or both…

 Avalon Shale Map



Latest Midstream Projects
Project Name Completion date Capacity (MBOPD)
Toyah I Natural Gas Processing Plant  - -
Ramsey III System  - -
Cactus Pipeline Capacity Increase  - -
Ramsey II Processing Facility  - -
  - -
Red Bluff Project  - -
Total   -
 Click Here to More Projects

  Avalon Shale - Mergers & Acquisitions

Announce DateHeadlineBuyerSellerValue $MMType
07/14/2015 WPX Enters the Permian; Acquires RKI Exploration $2,750 M&A
09/12/2012 Shell Acquires Permian Assets from Chesapeake $1,935 Property
09/12/2012 Chevron Agrees to Acquire Delaware Basin Acreage --- Property
04/05/2011 Energen Unit Adds to Bone Spring/Avalon Acreage Position $37 Property
01/06/2011 Energen Unit Adds to Bone Spring/Avalon Acreage Position $15 Property
 

Avalon Shale Transactions By Month ($MM)

Avalon Shale Strats, Maps, Type Logs and More
Delaware Basin Strat
Permian : Wolfcamp : Delaware : Bone Spring : Spraberry : Wolfberry : Leonard
Avalon Shale / Trend