Operator · Bone Spring, Cline Shale & Permian Basin
Concho Resources, Inc.
80 articles mentioning Concho Resources, Inc. · Page 4 of 4
The Permian in 2015: 10 Companies to Drill ~1,460 Wells
Part III of our feature series is focused on the Permian Basin. The ten companies below are planning to drill up to a combined 1,446 wells in 2015.
Permian Driller Slashes $1 Billion, Drops 11 Rigs From 2015 Budget
The 2015 capital program includes approximately $1.8 billion for drilling and completion activities and approximately $200 million for facilities, midstream and other capital.
Four Companies to Drill, Complete 1350 Permian Wells In 2015
Several company's Permian Basin plans are outlined for 2015.
Concho Buck Market Trends; Increases 2015 Drilling Budget
The company is targeting year-over-year production growth of 28% to 32% in 2015 and expects to spend approximately...
Concho Exceeds 10 Million BOE in the Permian; Talks Completions
Concho delivered record quarterly production, exceeding 10 million BOE, and achieved 23% crude oil production growth over the same quarter a year ago.
Concho Sets Up 75 Delaware Basin Wells in 2Q; Grows Production
The company is currently running 34 rigs, 23 of which are active in the Delaware Basin.
Concho to Form Midstream JV in Northern Delaware Basin
Midstream JV with a private entity to construct crude oil transportation system in northern Delaware Basin.
Concho Sees Productive Delaware Bone Spring Wells
Northern Delaware Basin, 39 new wells set records with average 30-day rate of 909 Boepd (74% oil) from average lateral length of 4,535'.
Five (5) Permian Basin Companies To Drill 1500 Wells
Top Five Permian Companies Drilling more than 50 percent of new wells, spending...
Concho Names New Executive VP; Bolsters Board of Directors
Jack Harper has rejoined Concho as Executive Vice President and John Surma has been appointed to the company's Board.
Concho Doubles Permian Delaware, Midland Drilling Locations
Currently, the Company is operating 34 drilling rigs; 2 of these rigs are drilling Yeso wells in the New Mexico Shelf, 11 are drilling in the Texas Permian and 21 are drilling in the Delaware Basin.
Concho Maintains Permian, Delaware Basin Focus; Ups Rig Count to 31
In 2013 the Company drilled or participated in 633 wells (465 operated, 44% horizontal) and completed 675 wells as producers.
Concho Permian Ops See Weather Woes; Rig Count on Track
The unexpected impact of the severe winter storms is expected to cause 2013 annual production to fall near the low end of its guidance range.
Operators Talk Year-End 2013, 2014 CapEx Plans
Numerous E&Ps are beginning to detail their expectations for year-end 2013 as well as their capital plans for 2014.
Concho Doubles Permian Basin 2014 Capital Budget
This budget contemplates operating an average of 37 drilling rigs for 2014, of which 32 will drill horizontally.
Concho Accelerates Growth in Permian Production
Production from continuing operations for the third quarter of 2013 totaled 8.7 MMBoe (5.4 million barrels of oil (“MMBbls”) and 19.6 billion cubic feet of natural gas (“Bcf”)), an increase of 19% as compared to 7.3...
Concho Resources Founding Board Member Resigns
While I greatly enjoy my involvement with the Company, the level of business activity at Yorktown and its portfolio companies makes this the right time to step away from Concho.
Mexco, Concho Join Forces for Bone Spring, Avalon Development
Overall, Mexco has various interests in 18 horizontal wells and 138 vertical wells in Lea County, New Mexico.
Concho Provides Well and Rig Count Update
Concho Completed 91 wells in 2Q13 in the Texas Permian, and used 11 total rigs, of which 4 were horizontal.
Concho Appoints New VP/Chief Accounting Officer
Previously, Brenda R. Schroer was with Ernst & Young LLP since 1999.