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Leonard Shale

Leonard Shale News

Devon Touts STACK / Bone Spring IPs; Talks 2018 Development Plans

Devon Touts STACK / Bone Spring IPs; Talks 2018 Development Plans

Devon reported its Q3 2017 results. Highlights from its call / release include: Q3 net production of 527,000 BOEPD 19 development rigs running - plans to increase rig…

EOG Flips to Profit in Q2; Delaware Basin Well Costs Down -11% from 2016

EOG Flips to Profit in Q2; Delaware Basin Well Costs Down -11% from 2016

EOG reported its Q2 2017 results. Highlights from its release / conference call include: Swings to Profit: Q2 2017 net income of $23.1 million (compared to a Q2…

EOG Touts Monster Wells ~9,000 BOEPD in the Delaware Basin; Ups Rig Count

EOG Touts Monster Wells ~9,000 BOEPD in the Delaware Basin; Ups Rig Count

EOG has reported its Q1 2017 results and highlights from its release / conference call include: Strong Results at Whirling Winds Prospect Average IP30: 3,510 BOPD Lateral Length:…

Torchlight to Drill New Well Targeting the Midland Wolfcamp, Leonard

Torchlight to Drill New Well Targeting the Midland Wolfcamp, Leonard

Torchlight Energy Resources announced that drilling activities will commence on its next Midland Basin, Hazel Project well, the Flying B Ranch #2, on or about December 28, 2016.

Devon Tests Leonard Shale in NM, Adds Locations

Devon Tests Leonard Shale in NM, Adds Locations

Spacing pilot tested 400 ft vertical spacing between Leonard Shale “B” and “C” intervals in sw corner of Lea County, NM

Operator to Drill 40, Complete 100 Additional Wells in 2016 Program

Operator to Drill 40, Complete 100 Additional Wells in 2016 Program

EOG Resources, Inc. has reported third quarter 2016 results: Production Capital and Drilling Plans Delaware Basin Increased Delaware Basin net resource potential to 6.0 billion BnBoe in the…

STACK, Delaware Basin E&P Putting Rigs Back to Work in 2H16

STACK, Delaware Basin E&P Putting Rigs Back to Work in 2H16

The incremental capital will be deployed in the STACK and Delaware Basin, with the potential to add as many as

Torchlight Wraps Up Drilling at Permian Well; Preps to Frac

Torchlight Wraps Up Drilling at Permian Well; Preps to Frac

Torchlight Energy Resources, Inc. announced that the Flying B Ranch #1 has been drilled to a total depth of 6470 feet.

Devon Maintains STACK; Eagle Ford Drilling; No Rig In Permian, Barnett

Devon Maintains STACK; Eagle Ford Drilling; No Rig In Permian, Barnett

Devon Energy Corp. reported operational and financial results for the first quarter of 2016 and provided guidance for the second quarter and full-year 2016.

E&P to Run 11 Rigs, Complete 270 Net Wells; Eagle Ford, Permian, Bakken

E&P to Run 11 Rigs, Complete 270 Net Wells; Eagle Ford, Permian, Bakken

The company is shifting its focus to premium drilling and completions in 2016.

Leonard Shale Well Completion Trend

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Leonard Shale Rig Data: August 26, 2026

Leonard Shale Overview

Spanning across a large section of West Texas and eastern New Mexico, the Permian Basin has long been a key onshore energy resource with one of the largest producing histories. Having one of the thickest deposits of rock of any basin, the Permian opens doors to numerous sub-trends within it, including the Wolfcamp, Avalon, Bone Spring and Wolfberry plays.