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Disclosed Avalon Shale 2017 Budgets & Drilling Plans


Concho Resources, Inc. Rigs Plan to Operate in 2017

 Avalon Shale Top Operators
(Undrilled-Permits)
Company    2017(YTD)
Anadarko Petroleum Corp    46
EOG Resources, Inc.    35
Shell    32
   19
   19
   12
   11
   10

   Drilling Permits Trends ( Jan 2015 - Apr 2017)


Avalon Shale - Drilling Permits ( March 27, 2017 - April 26, 2017)
Date Approved county Well Name Well type Well Bore Type Field/Zone Well Status
CROSSING ROCKS ENERGY, LLC
04-14-2017 Reeves Hardin-simmons Cre 3 3w Other Vertical Worsham (delaware) Well-spud
CENTENNIAL RESOURCE
04-13-2017 Reeves Balmorhea State A 2h Oil & Gas new (horizontal well) Phantom ( Wolfcamp ) Well-undrilled
04-05-2017 Reeves Matador 6-33 3h Oil & Gas new (horizontal well) Wolfbone ( Trend Area ) Well-undrilled
04-02-2017 Reeves Carpenter State 3h Oil & Gas new (horizontal well) Phantom ( Wolfcamp ) Well-spud
THREE RIVERS OPER CO III LLC
04-10-2017 Reeves Smither State Unit 12-13 2wa Oil & Gas Horizontal Ford, West (wolfcamp) Well-drilling
04-07-2017 Reeves Sure Shot 903h Oil & Gas new (horizontal well) Wolfbone ( Trend Area ) Well-undrilled
04-03-2017 Reeves Sam Bird 6-3 1h Oil & Gas new (horizontal well) Phantom ( Wolfcamp ) Well-undrilled
03-28-2017 Reeves Iceman Unit 1401h Oil new (horizontal well) Hoefs T-k ( Wolfcamp ) Well-drilling
03-28-2017 Reeves Johnny Ryall Unit 1101h Oil & Gas new (horizontal well) Phantom ( Wolfcamp ) Well-spud
03-28-2017 Reeves Johnny Ryall Unit 1102h Oil & Gas new (horizontal well) Phantom ( Wolfcamp ) Well-undrilled

  Drilling Activity (2016 - 2017 YTD) In The Avalon Shale


 Avalon Shale Wells Completed/Frac'd ( Jan - 2016 to Feb 2017)


Completions By
Company
2017(YTD)
Count
EOG Resources, Inc. 16
Anadarko Petroleum Corp 10
Cimarex Energy Co. 10
8
8


Completions By
County
2017(YTD)
Count
Reeves 40
Loving 26
Eddy 18
18





 Avalon Shale Map

 Avalon Shale Rig Data : April 26, 2017


Drilling Trends from May 4, 2011 - April 26, 2017

 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 zones. (Moreover, EOG Resources refers to the Avalon as the…