Permitting Activity
September 25,2018 : PCORE Exploration and Production II LLC Permitted the STATE MASKED RIDER 1HA Horizontal well in Reeves,TX : Permian Basin,Delaware BasinAugust 13,2018 : PCORE Exploration and Production II LLC Permitted the GRIZZLY 1HA Horizontal well in Reeves,TX : Permian Basin,Delaware BasinApril 23,2018 : PCORE Exploration and Production II LLC Permitted the STALLION 1HA Horizontal well in Pecos,TX : Permian Basin,Delaware BasinApril 11,2018 : PCORE Exploration and Production II LLC Permitted the STATE OL SARGE 1HA Horizontal well in Reeves,TX : Permian Basin,Delaware BasinApril 09,2018 : PCORE Exploration and Production II LLC Permitted the BULLDOG 1HA Horizontal well in Reeves,TX : Permian Basin,Delaware Basin Click here for More Permits ActivityCompletion Activity / Well Results
July 10,2020 : PCORE Exploration and Production II LLC completed the GRIZZLY 1HA well in Reeves,TX . The Well flowed 777 boe/d which consists of 644 Oil BOPD and 0.771 MMcf of gas on a 6,570 foot lateral .June 24,2020 : PCORE Exploration and Production II LLC completed the STATE OL SARGE 1HA well in Reeves,TX . The Well flowed 1,395 boe/d which consists of 1,128 Oil BOPD and 1.546 MMcf of gas on a 5,945 foot lateral .January 29,2019 : PCORE Exploration and Production II LLC completed the STALLION 1HA well in Pecos,TX . The Well flowed 168 boe/d which consists of 102 Oil BOPD and 0.384 MMcf of gas on a 5,071 foot lateral .December 19,2018 : PCORE Exploration and Production II LLC completed the BULLDOG 1HA well in Reeves,TX . The Well flowed 776 boe/d which consists of 697 Oil BOPD and 0.457 MMcf of gas on a 9,677 foot lateral .October 08,2018 : PCORE Exploration and Production II LLC completed the ORCA NORTH 1HA well in Reeves,TX . The Well flowed 655 boe/d which consists of 527 Oil BOPD and 0.745 MMcf of gas on a 9,644 foot lateral . Click here for More Completion ActivityLatest News & Activity
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PCORE Scores $200MM in Fresh Capital from NGPFebruary 01,2016
Capital Raised
| Announced Date | Amount($MM) | Type | Headline | |
|---|---|---|---|---|
| Feb-01-2016 |
|
Equity Commitment | PCORE Scores $200MM in Fresh Capital from NGP | |
| Total |
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About
The idea for PCORE started in early 2014. In May 2014, the Dallas-based exploration and production company was formally founded with nine employees and a $100 million commitment from Natural Gas Partners (NGP). PCORE had gone from coffee shop to office tower.
PCORE I, with 5,000 acres and three producing horizontal wells, sold to Parsley Energy in January 2016 for $150 million.
The team didn’t waste time — PCORE II formed in February 2016, this time with $200 million from NGP. Since then the company has a large, approximately 40,000-acre position in the southern Delaware Basin. Learn more about our operations here.
At PCORE, the focus has always been bringing the leading-edge technology and workflows of larger companies to a smaller, more hands-on space. We care deeply about every aspect of the process, from pre-drill reservoir characterization to drilling, wellbore placement, completion design, and flowback.
We take a Swiss watchmaker’s approach to our craft, focusing on the details to ensure that each well is drilled and completed to produce at its maximum potential.
Dallas TX 75201
| Basin |
|---|
| DELAWARE BASIN |
Personnel (4 people)
Founder
Phone : -
Founder
Phone : -
Founder
Phone : -
Founder
Phone : -
| Frist Name | Last Name | Title | Phone | |
|---|---|---|---|---|
| Billy | Hannes | Founder | 469.802.1400 | |
| Colin | O'Farrell | Founder | 469.802.1400 | |
| David | Hall | Founder | 469.802.1400 | |
| Mark | Hiduke | Founder | 469.802.1400 |
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