One-Page Deal Sheet
Parsley Acquires Southern Delaware Basin Acreage For $114 Million
Parsley Energy Inc. Patriot Resourcs Inc
Announced Date
April 04,2016
Transaction Type
Property
Enterprise Value (EV)($MM)
144
Asset/Basin:
{"Permian - Delaware Basin"}
TargetZones:
{Wolfcamp,"Bone Spri
Net Acres
Location
Calculated Metrics( EV/Category)
Region
Permian - Delaware Basin
Country
United States
State
Texas
County
Ward ,Reeves
Play
Production Production
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Subscribe to see
Parsley annouced acquition of property in the Southern Delaware Basin.
Southern Delaware Basin
14,197 net acres in Reeves and Ward Counties, TX for approximately $144 million Estimated current net production of approximately 1,200 Boe per day from seven horizontal wells and 20 vertical wells Adds approximately 700,000 drillable lateral feet based on projected horizontal drilling inventory in one Wolfcamp flow unit; incremental value from additional Wolfcamp flow units and multiple Bone Spring targets Parsley to receive one drilled but uncompleted horizontal well at closing Select offset…Permian - Delaware Basin Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Mar-10-2026 |
-  |
- |
Click here | Texas | E&P |
| Sep-02-2025 |
- |
- |
Click here | Texas | E&P |
| May-07-2025 |
- |
- |
Click here | New Mexico | E&P |
| May-03-2025 |
- |
- |
Click here | New Mexico | E&P |
| Nov-13-2024 |
- |
- |
Click here | New Mexico | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Jul-30-2024 | Permian Resources Acquires More Delaware Basin Property | - |
- |
| Jul-28-2024 | Vital Energy Acquires Delaware Basin Property From PE-Backed E&P | - |
- |
| Jun-12-2024 | Matador Resources Acquires PE-Backed Ameredev For $1.9 Billion | - |
- |