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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    58
EOG Resources, Inc.    52
Shell    34
   29
   19
   19
   15
   13

   Drilling Permits Trends ( Jan 2015 - Apr 2017)


Avalon Shale - Drilling Permits ( March 29, 2017 - April 28, 2017)
Date Approved county Well Name Well type Well Bore Type Field/Zone Well Status
BHP Billiton Limited
04-27-2017 Reeves State Trinity 56-t2-34 W105h Gas new (horizontal well) Phantom ( Wolfcamp ) Well-undrilled
BTA Oil Producer LLC
04-26-2017 Reeves Radio Tower State 21601 28 4h Oil & Gas new (horizontal well) Phantom ( Wolfcamp ) Well-undrilled
Parsley Energy Inc.
04-26-2017 Reeves Ligon 730-19 4305h Oil & Gas new (horizontal well) Phantom ( Wolfcamp ) Well-undrilled
04-26-2017 Reeves Tarvin State 2 A 2h Oil & Gas new (horizontal well) Phantom ( Wolfcamp ) Well-undrilled
04-26-2017 Reeves Tarvin State 2 A 3h Oil & Gas new (horizontal well) Phantom ( Wolfcamp ) Well-undrilled
04-26-2017 Reeves Tarvin State 2 B 1h Oil & Gas new (horizontal well) Phantom ( Wolfcamp ) Well-undrilled
04-27-2017 Reeves Cypress Unit 16 10h Oil & Gas new (horizontal well) Wolfbone ( Trend Area ) Well-undrilled
04-26-2017 Reeves Vass 14e 10h Oil & Gas new (horizontal well) Wolfbone ( Trend Area ) Well-undrilled
04-20-2017 Reeves Pedro State 9 1 Oil & Gas new (vertical well) Ford ( West St Wolfcamp ) Well-undrilled
04-26-2017 Reeves Betty Lou 22 1wd Service new (vertical well) Balmorhea Ranch ( Bell Canyon L ) 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
Cimarex Energy Co. 10
Anadarko Petroleum Corp 10
8
8


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





 Avalon Shale Map

 Avalon Shale Rig Data : April 28, 2017


Drilling Trends from May 4, 2011 - April 28, 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…