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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 - Jul 25, 2016)

Anadarko Petroleum Corp ( 52 )   

Concho Resources, Inc. ( 26 )   

Royal Dutch Shell plc ( 25 )   

Apache Corporation ( 23 )   

EOG Resources, Inc. ( 22 )   

Energen Corp. ( 21 )

Silver Hill Energy Partners LLC ( 12 )

BHP Billiton Limited ( 11 )

 Drilling Permits Trends ( Jan 2015 - Jul 2016)

Drilling Permits ( June 25, 2016 - July 25, 2016)
Date Approved Company county Lease Well# Well type Field/Zone
07-15-2016 Centennial Resources Development, LLC Reeves Sieber Trust 4h Wolfbone ( Trend Area )
07-14-2016 Anadarko Petroleum Corp Loving Hickory 55-2-1 Unit 1h Phantom ( Wolfcamp )
07-14-2016 Anadarko Petroleum Corp Loving Magnolia 55-2-1 Unit 1h Phantom ( Wolfcamp )
07-13-2016 Centennial Resources Development, LLC Reeves Collins 2h Phantom ( Wolfcamp )
07-12-2016 Mesquite Swd Inc Loving Outlaw Swd -44- 3 El Mar ( Delaware )
07-12-2016 Royal Dutch Shell plc Loving Bernard State C-27-2 Lov Unit 1h Phantom ( Wolfcamp )
07-12-2016 Apache Corporation Reeves Elbert 3h Wildcat ( )
07-11-2016 Anadarko Petroleum Corp Loving Rocky 55-2-5 1h Phantom ( Wolfcamp )
07-11-2016 Rki Exploration & Production, Llc Loving Pecos State 46 5h Sandbar ( Bonespring )
07-11-2016 Silver Hill Energy Partners LLC Loving Rudd Draw 26-18 5h Sandbar ( Bonespring )



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