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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 - Sep 28, 2016)

Anadarko Petroleum Corp ( 73 )   

Apache Corp ( 40 )   

Shell ( 35 )   

Concho Resources, Inc. ( 31 )   

EOG Resources, Inc. ( 29 )   

Energen Corp. ( 22 )

Silver Hill Energy Partners LLC ( 19 )

Rki Exploration & Production, Llc ( 17 )

 Drilling Permits Trends ( Jan 2015 - Sep 2016)

Drilling Permits ( August 29, 2016 - September 28, 2016)
Date Approved Company county Well Name Well type Field/Zone
09-22-2016 Anadarko Petroleum Corp Reeves Sandworm State 57-3-14 Unit 1h Phantom ( Wolfcamp )
09-22-2016 Anadarko Petroleum Corp Reeves Kraken 57-3-40 1h Phantom ( Wolfcamp )
09-22-2016 Anadarko Petroleum Corp Loving Texas Sabal 55-1-40 Unit 1h Phantom ( Wolfcamp )
09-21-2016 Anadarko Petroleum Corp Loving Ebony 55-1-40 Unit 1h Phantom ( Wolfcamp )
09-16-2016 Anadarko Petroleum Corp Loving Olympic 54-2-7 1h Phantom ( Wolfcamp )
09-13-2016 Anadarko Petroleum Corp Reeves Hydra 56-3-28 Unit 1h Phantom ( Wolfcamp )
09-13-2016 Anadarko Petroleum Corp Loving Thresher 54-1-17 1h Phantom ( Wolfcamp )
09-09-2016 Anadarko Petroleum Corp Reeves Wendigo State 45-23 Unit 1h Phantom ( Wolfcamp )
08-31-2016 Anadarko Petroleum Corp Loving Badlands 54-2-19 1h Phantom ( Wolfcamp )
08-30-2016 Anadarko Petroleum Corp Reeves Kaycee State 57-3-33 Unit 1h 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