Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

Wolfcamp Shale News

Top Wolfcamp Shale Operators By Rig Count/Locations
(as of 01/17/2021)

Operator Current Week Previous Week Change Change From Last Year
Subscribe to See 14 13 +1 -6
Pioneer Natural Resources Co. 13 12 +1 -7
Subscribe to See 11 9 +2 -6
Subscribe to See 9 10 -1 -43
Subscribe to See 8 7 +1 -13
Subscribe to See 8 8 --- ---
Subscribe to See 8 9 -1 ---
Subscribe to See 6 6 --- +1
Subscribe to See 6 6 --- +1
Subscribe to See 5 6 -1 -4


Top Wolfcamp Shale County By Rig Count/Locations
(as of 01/17/2021)

County Current Week Previous Week Change Change From Last Year
Subscribe to See 36 37 -1 -14
EDDY 23 29 -6 -27
Subscribe to See 18 16 +2 -20
Subscribe to See 17 14 +3 -15
Subscribe to See 16 14 +2 -8


 Wolfcamp Shale Top Operators
(Undrilled-Permits)
Company    Last 12 Months
EOG Resources, Inc.    405
Occidental Petroleum Corp    275
Devon Energy Corp    271
   197
   173
   150
   111
   110

   Drilling Permits Trends ( Last 24 Months)


Wolfcamp Shale - Drilling Permits ( December 18, 2020 - January 17, 2021)
Date Approved county Well Name Well type Well Bore Type Field/Zone Well Status
Double Eagle Energy III LLC
01-04-2021 Reagan James B 45-50 4402h Oil & Gas Horizontal Spraberry (trend Area) Undrilled
01-04-2021 Reagan James D 45-50 4304h Oil & Gas Horizontal Spraberry (trend Area) Undrilled
01-04-2021 Reagan James E 45-50 4405h Oil & Gas Horizontal Spraberry (trend Area) Undrilled
01-04-2021 Reagan James F 45-50 4306h Oil & Gas Horizontal Spraberry (trend Area) Undrilled
Birch Permian Holdings
01-04-2021 Howard Brutus Buckeye 28-40 A 1wa Oil Horizontal Spraberry (trend Area) Undrilled
01-04-2021 Howard Brutus Buckeye 28-40 D 4wa Oil Horizontal Spraberry (trend Area) Undrilled
HighPeak Energy
01-04-2021 Howard White 24-36 B Unit A 5h Oil Horizontal Spraberry (trend Area) Undrilled
01-04-2021 Martin Maverick (alloc-1sh) 1la Oil Horizontal Spraberry (trend Area) Undrilled
01-04-2021 Martin Maverick (alloc-1sh) 2ll Oil Horizontal Spraberry (trend Area) Undrilled
01-04-2021 Martin Maverick (alloc-1sh) 4jm Oil Horizontal Spraberry (trend Area) Undrilled

  Wolfcamp Shale - Drilling Activity (2016 - 2021 YTD)


 Wolfcamp Shale - Well Completion Trend


Completions By
Company
2019(YTD)
Count
ExxonMobil 767
Pioneer Natural Resources Co. 583
EOG Resources, Inc. 522
485
484
Completions By
County
2019(YTD)
Count
Midland 1213
Reeves 1152
Martin 1004
883
757

 Wolfcamp Shale Map

 Wolfcamp Shale Rig Data : January 17, 2021


Drilling Trends from May 4, 2011 - January 17, 2021

 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 $821
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $2,200
12/18/2020 Earthstone Energy Inc. Independence Resources Management Earthstone Acquires PE-Backed Midland E&P for $182 Million $182
11/30/2020 Point Energy Partners Petro LLC Battalion Oil Corp. New PE-backed E&P Scores Permian Property $27
11/09/2020 Ameredev, LLC Lilis Energy Inc. Ameredev Wins Bid for Lilis Energy's Permian Portfolio $47
10/23/2020 Laredo Petroleum Inc. Not Disclosed Laredo Ups Ante in Howard County, TX; Bolts On Acreage ---
10/21/2020 Tengasco Inc. Riley Exploration Permian Inc. Tengasco, Riley Exploration Permian to Merge in All-Stock Deal ---
10/20/2020 Pioneer Natural Resources Co. Parsley Energy Inc. Pioneer Acquires Parsley Energy for $7.6B in 'Family Affair' Deal $7,600
10/19/2020 ConocoPhillips Concho Resources, Inc. Conoco to Acquire Concho Resources in $9.7B All-Stock Transaction $9,700
10/01/2020 Kimmeridge Energy Callon Petroleum Co. Callon / Kimmeride Signs $140 Million ORRI In Delaware Basin $140
 

  Wolfcamp Shale Transactions By Quarter ($MM)