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Wolfcamp Shale News

Top Wolfcamp Shale Operators By Rig Count/Locations
(as of 08/13/2022)

Operator Current Week Previous Week Change Change From Last Year
Subscribe to See 23 22 +1 -1
Chevron Corp 19 17 +2 +16
Subscribe to See 19 19 --- +8
Subscribe to See 17 17 --- +7
Subscribe to See 17 18 -1 +5
Subscribe to See 15 14 +1 +4
Subscribe to See 12 13 -1 +1
Subscribe to See 12 12 --- +5
Subscribe to See 11 11 --- +1
Subscribe to See 7 7 --- +2


Top Wolfcamp Shale County By Rig Count/Locations
(as of 08/13/2022)

County Current Week Previous Week Change Change From Last Year
Subscribe to See 62 58 +4 +18
MIDLAND 40 39 +1 +1
Subscribe to See 33 40 -7 +8
Subscribe to See 32 31 +1 +5
Subscribe to See 28 27 +1 +9


 Wolfcamp Shale Top Operators
(Undrilled-Permits)
Company    Last 12 Months
Pioneer Natural Resources Co.    252
Chevron Corp    209
Diamondback Energy, Inc.    189
   160
   159
   146
   143
   95

   Drilling Permits Trends ( Last 24 Months)


Wolfcamp Shale - Drilling Permits ( July 14, 2022 - August 13, 2022)
Date Approved county Well Name Well type Well Bore Type Field/Zone Well Status
Marathon Oil Corp
07-14-2022 Eddy Chicken Fry 15-22 Wxy Fed Com 12h Gas Horizontal Undrilled
07-14-2022 Eddy Chicken Fry 15-22 Wd Fed Com 16h Gas Horizontal Undrilled
07-14-2022 Eddy Chicken Fry 15-22 Wd Fed Com 17h Gas Horizontal Undrilled
07-14-2022 Eddy Atreides 8 Wxy Fed Com 4h Gas Horizontal Undrilled
07-14-2022 Eddy Atreides 8 Wxy Fed Com 5h Gas Horizontal Undrilled
07-14-2022 Eddy Trojan Horse 35 Wxy Fed Com 2h Gas Horizontal Undrilled
07-14-2022 Eddy Trojan Horse 35 Wb Fed Com 3h Gas Horizontal Undrilled
07-14-2022 Eddy Trojan Horse 35 Wxy Fed Com 4h Gas Horizontal Undrilled
Chevron Corp
07-14-2022 Lea Bs 33 09 Fed State Com P1 505h Oil Horizontal Undrilled
Cimarex Energy Co.
07-14-2022 Lea Red Hills 32-5 Fed Com 129h Gas Horizontal Undrilled

  Wolfcamp Shale - Drilling Activity (2016 - 2022 YTD)


 Wolfcamp Shale - Well Completion Trend


Completions By
Company
2022(YTD)
Count
Pioneer Natural Resources Co. 153
EOG Resources, Inc. 136
Chevron Corp 118
86
85
Completions By
County
2022(YTD)
Count
Midland 226
Lea 180
Eddy 156
123
102

 Wolfcamp Shale Map

 Wolfcamp Shale Rig Data : August 13, 2022


Drilling Trends from May 4, 2011 - August 13, 2022

 Wolfcamp Shale Overview



The Wolfcamp Shale is an oil and gas formation found throughout the Permian Basin.  (See Permian Basin Geologic Break down below.) Historically, development in the Permian has been mostly vertical. In the last few years, however, companies have shifted focus to horizontal development. Specifically in the Wolfcamp A, Wolfcamp B, Wolfcamp C, and Wolfcamp D and, more recently the Wolfcamp XY in the Delaware Basin.

It is important to note that the Wolfcamp Shale (Wolfcamp A, B, C, D) can be found in all three basins, the Midland, Delaware…


  Wolfcamp Shale - Mergers & Acquisition

Announce Date Buyer Seller Title Value $MM
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $555
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $575
05/19/2022 Centennial Resource Development Colgate Energy Partners III LLC Centennial and PE-Backed Colgate Combine $3,900
04/28/2022 HighPeak Energy Hannathon Petroleum Llc Highpeak to Acquire Midland Basin Assets in Cash/Stock Deal Worth ~$370MM $368
02/11/2022 Brigham Minerals Inc. Not Disclosed Brigham Minerals Inks $33MM Deal for Midland Royalty Assets $33
01/31/2022 Earthstone Energy Inc. Bighorn Permian Resources LLC Earthstone Inks $715MM Cash/Stock Deal for Bighorn's Permian Portfolio $715
12/30/2021 Firebird Energy LLC Chevron Corp FireBird Energy Picks Up 21,000-Acre Midland Property from Chevron ---
11/08/2021 Colgate Energy Partners III LLC Not Disclosed Colgate Bolts On 22,000 Net Acres in the Delaware Basin for $190MM $190
11/05/2021 Continental Resources, Inc. Pioneer Natural Resources Co. Continental Enters the Permian; Acquires Asset from Pioneer $3,100
11/03/2021 Henry Resources Llc,Pickering Energy Partners Centennial Resource Development Centennial Sells Off Delaware Basin Asset for $101 Million $101
 

  Wolfcamp Shale Transactions By Quarter ($MM)