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Top Bone Spring Operators By Rig Count/Locations

Operator Current Week Previous Week Change Q4-2016
EOG Resources, Inc. 21 19 +2 8
Apache Corp 13 12 +1 5
Subscribe to See 13 14 -1 11
Subscribe to See 12 12 --- 7
Subscribe to See 10 11 -1 5
Subscribe to See 9 8 +1 10
Subscribe to See 8 9 -1 5
Subscribe to See 8 7 +1 7
Subscribe to See 8 8 --- 3
Subscribe to See 7 5 +2 3


Top Bone Spring County By Rig Count/Locations

County Current Week Previous Week Change Q4-2016
REEVES 69 66 +3 58
LEA 50 49 +1 32
Subscribe to See 39 36 +3 26
Subscribe to See 26 30 -4 36
Subscribe to See 17 21 -4 13


 Bone Spring Top Operators
(Undrilled-Permits)
Company    2018(YTD)
EOG Resources, Inc.    52
Matador Resources Company    23
Occidental Petroleum Corp    22
   19
   17
   15
   14
   13

   Drilling Permits Trends ( Jan 2015 - Feb 2018)


Bone Spring - Drilling Permits ( January 20, 2018 - February 19, 2018)
Date Approved county Well Name Well type Well Bore Type Field/Zone Well Status
Apc Water Holdings 1, LLC
02-08-2018 Reeves Apc 55-4-21 1d Oil & Gas new (vertical well) Phantom ( Wolfcamp ) Undrilled
01-23-2018 Reeves Apc 57-1-33 1d Oil new (vertical well) Phantom ( Wolfcamp ) Undrilled
Champion Lone Star Operating LLC
02-08-2018 Winkler Cls Walton 1419nw Oil & Gas new (vertical well) Kermit ( ) Undrilled
02-08-2018 Winkler Cls Walton 1619nw Oil & Gas new (vertical well) Kermit ( ) Undrilled
NGL Water Solutions Permian
02-08-2018 Reeves Hwy 285 Swd 3 Oil & Gas new (vertical well) Sandbar ( Bonespring ) Undrilled
02-05-2018 Ward Barstow 2 Swd 1 Oil & Gas new (vertical well) Quito ( West St Cherry Canyon ) Undrilled
02-08-2018 Reeves Conquista State Unit 54-1-8 1h Oil & Gas new (horizontal well) Ford ( West St Wolfcamp ) Undrilled
02-01-2018 Reeves Brown State 44-2 1h Oil & Gas new (horizontal well) Ford ( West St Wolfcamp ) Undrilled
02-01-2018 Reeves Expedition State Unit 71-67 1h Oil & Gas new (horizontal well) Ford ( West St Wolfcamp ) Undrilled
02-06-2018 Culberson Phoenix State 1h Oil new (horizontal well) Matthews ( Brushy Canyon ) Undrilled

  Bone Spring - Drilling Activity (2016 - 2018 YTD)


 Bone Spring - Well Completion Trend


Completions By
Company
2018(YTD)
Count
Four Corners Petroleum II, LLC 6
Lime Rock Resources 4
Chevron Corp 3
3
3
Completions By
County
2018(YTD)
Count
Eddy 9
Reeves 8
Ward 7
4
2

 Bone Spring Map

 Bone Spring Rig Data : February 19, 2018


Drilling Trends from May 4, 2011 - February 19, 2018

 Bone Spring Overview



What is the Permian Bone Spring?

The Bone Springs horizontal oil play in the Delaware Basin, including the Avalon/Leonard Shale, spans from southeast New Mexico into west Texas. Drilling has revived since early wells spud ten years ago, but upside is limited for most E&Ps. Stacked, multi-pay reservoirs, each with diverse rock properties, introduce upside potential but also complexity.

The Bone Spring series includes first, second and third Bone Spring sands and corresponding carbonates, and the shallower Avalon Shale, which also stands on its own as…


  Bone Spring Transactions By Quarter ($MM)