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

Wolfcamp Shale News

 Wolfcamp Shale Top Operators
(Undrilled-Permits)
Company    Last 12 Months
Pioneer Natural Resources Co.    480
EOG Resources, Inc.    410
Occidental Petroleum Corp    361
   308
   292
   292
   249
   245

   Drilling Permits Trends ( Last 24 Months)


Wolfcamp Shale - Drilling Permits ( March 23, 2024 - April 22, 2024)
Date Approved county Well Name Well type Well Bore Type Field/Zone Well Status
Velocity Water Solutions Lp
04-12-2024 Dawson Eva Swd 1 Swd Vertical Undrilled
04-12-2024 Martin Mint Julep Swd 8b Swd Vertical Undrilled
04-12-2024 Martin Misfit Swd 6 Swd Vertical Undrilled
04-12-2024 Martin Trae Swd 5 Swd Vertical Undrilled
04-12-2024 Martin Gibson Swd 7 Swd Vertical Undrilled
04-12-2024 Midland Ladybug Swd 1 Swd Vertical Undrilled
V__Energy Inc
04-12-2024 Reeves Mosaic State Unit 33-34 6tb Oil Horizontal Undrilled
04-12-2024 Reeves Mosaic State Unit 33-34 8sb Oil Horizontal Undrilled
04-11-2024 Reeves Mosaic State Unit 33-34 7b Oil Horizontal Undrilled
04-11-2024 Reeves Mosaic State Unit 33-34 9a Oil Horizontal Undrilled

 Wolfcamp Shale - Well Completion Trend

Completions By
Company
2024(YTD)
Count
Pioneer Natural Resources Co. 45
EOG Resources, Inc. 29
ExxonMobil 27
17
10
Completions By
County
2024(YTD)
Count
Lea 41
Martin 35
Midland 35
20
18

 Wolfcamp Shale Map

 Wolfcamp Shale Rig Data : April 22, 2024


Drilling Trends from May 4, 2011 - April 22, 2024

 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 $26,000
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $4,500
12/15/2023 Fury Resources Inc Battalion Oil Corp. Fury Resources Takes Battalion Private In Transaction Worth $450 Million : Map $450
12/11/2023 Occidental Petroleum Corp Crownrock, Lp Oxy Acquires Midland Basin Juggernaut For $12 Billion $12,000
11/21/2023 Northern Oil and Gas, Inc. Not Disclosed Northern Oil Acquires Additional Permian Working Interest; Enters Utica $170
10/11/2023 ExxonMobil Pioneer Natural Resources Co. Exxon To Acquire Permian Juggernaut, Pioneer For $60 Billion $60,000
10/04/2023 Civitas Resources Inc. Vencer Energy Civitas acquires Vitol's Vencer Energy For $2.1 Billion; Add-On Permian $2,100
08/21/2023 Permian Resources Corp. Earthstone Energy Inc. Permian Resources Acquires Earthstone Energy $4,500
04/03/2023 Ovintiv Inc Piedra Resources LLC,PetroLegacy Energy II, LLC,Black Swan Operating, LLC Ovintiv Acquires Encap-Backed Permian Companies For $4.2 Billion; Exit Bakken $4,200
02/14/2023 Laredo Petroleum Inc.,Vital Energy, Inc. Driftwood Energy Partners Laredo Petroleum/Vital Energy Acquires Driftwood Energy $212
 

  Wolfcamp Shale Transactions By Quarter ($MM)