Skip to main content

Midland Basin

Midland Basin News

Crescent Absorbs Vital in a Scale-First Consolidation Bet

Crescent Absorbs Vital in a Scale-First Consolidation Bet

Crescent Energy is making its biggest move yet in its “growth through acquisition” strategy, agreeing to acquire Vital Energy in an all-stock deal that would create a larger,…

APA Corp to Acquire Permian Pure Player- Callon In All Stock Deal

Premium content APA Corp to Acquire Permian Pure Player- Callon In All Stock Deal

APA Corporation said it will acquire Callon in an all-stock transaction valued at approximately $4.5 billion, inclusive of Callon’s net debt. Callon common stock will be exchanged for…

Earthstone Energy, Inc., First Quarter 2023 Results

Earthstone Energy, Inc., First Quarter 2023 Results

Earthstone Energy, Inc., announced first quarter 2023 results. Highlights Average daily production of 104,450 Boepd(1), up 194% from Q1 2022 Net income(2) of $86.2 million, and Adjusted Net…

Ring Energy, Inc., First Quarter 2023 Results

Ring Energy, Inc., First Quarter 2023 Results

Ring Energy, Inc., announced first quarter 2023 results. Highlights Grew first quarter 2023 sales volumes 2% to a record 18,292 barrels of oil equivalent per day ("Boe/d") (69%…

HighPeak Energy, Inc., First Quarter 2023 Results

HighPeak Energy, Inc., First Quarter 2023 Results

HighPeak Energy, Inc., announced first quarter 2023 results. Highlights Produced average sales volumes of 37,222 barrels of crude oil equivalent per day ("Boe/d"), consisting of 85% crude oil…

Diamondback Energy Reducing 2023 Drilling Program

Diamondback Energy Reducing 2023 Drilling Program

Diamondback Energy, Inc. announced first quarter 2023 results. However during the earnings call. Here are a few things the company said. "We are going to reduce our rig…

Viper Energy Partners LP First Quarter 2023 Results

Viper Energy Partners LP First Quarter 2023 Results

Viper Energy Partners LP announced first quarter 2023 results. Highlights Q1 2023 average production of 20,111 bo/d (34,967 boe/d), an increase of 1% from Q4 2022 and 11%…

SM Energy Company announced its first quarter 2023 results

SM Energy Company announced its first quarter 2023 results

SM Energy Company announced its first quarter 2023 results. Highlights Growing profitability. In the first quarter 2023, net income was $198.6 million, or $1.62 per diluted common share,…

SM Energy Q4, Full Year 2022 Results; Plans 85-90 Wells for 2023

SM Energy Q4, Full Year 2022 Results; Plans 85-90 Wells for 2023

SM Energy Co. announced certain fourth quarter and full year 2022 operating and financial results, year-end 2022 estimated proved reserves and its 2023 operating plan. Highlights include: Substantial…

Pioneer Q4, Full Year 2022 Results; Bets on Midland in 2023, 25 Rigs Running

Pioneer Q4, Full Year 2022 Results; Bets on Midland in 2023, 25 Rigs Running

Pioneer Natural Resources Co. reported financial and operating results for the quarter and year ended December 31, 2022. Pioneer reported fourth quarter net income attributable to common stockholders…

Midland Basin Top Operators (Undrilled Permits)

Company Last 12 Months
Diamondback Energy, Inc. 333
Pioneer Natural Resources Co. 209
ExxonMobil 192
locked 126
locked 93
locked 64
locked 46
locked 45
Download statewide GIS parcel & property records →
Every county in one dataset, from Dynamo Spatial

Midland Basin Drilling Permits Trends (Last 24 Months)

Midland Basin Well Completion Trend

Midland Basin Map

From the store

Browse maps, data & reports in the Shale Experts store

Midland Basin Rig Data: August 26, 2026

Midland Basin Overview

What is the Midland Basin? Midlan Basin Wolfberry Trend Cline Shale Spraberry Wolfcamp Oil Shale

The Midland Basin is located just east of the Central Basin Platform and runs north-south from southern Lamb and Hale counties to northern Crockett County.  Midland Basin geology is highly variable by location and zone, as the typical well completion in the basin involves commingling production from multiple stacked pay zones. Depending on the geographic region within the Basin, operators are targeting a variety of zones with vertical and horizontal completions.

Midland Basin Mergers & Acquisitions

Midland Basin Transactions By Quarter ($MM)