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Wolfcamp Shale News

Top Wolfcamp Shale Operators By Rig Count/Locations
(as of 12/05/2021)

Operator Current Week Previous Week Change Change From Last Year
Subscribe to See 23 24 -1 +13
Mewbourne Oil Company 16 17 -1 +11
Subscribe to See 14 14 --- +8
Subscribe to See 12 12 --- +7
Subscribe to See 12 14 -2 +1
Subscribe to See 9 10 -1 +1
Subscribe to See 9 9 --- -3
Subscribe to See 8 8 --- +3
Subscribe to See 7 6 +1 +3
Subscribe to See 7 7 --- +1


Top Wolfcamp Shale County By Rig Count/Locations
(as of 12/05/2021)

County Current Week Previous Week Change Change From Last Year
Subscribe to See 44 42 +2 +15
MIDLAND 30 31 -1 +11
Subscribe to See 28 30 -2 ---
Subscribe to See 22 22 --- +5
Subscribe to See 22 26 -4 +6


 Wolfcamp Shale Top Operators
(Undrilled-Permits)
Company    Last 12 Months
EOG Resources, Inc.    385
Occidental Petroleum Corp    288
Pioneer Natural Resources Co.    242
   140
   139
   132
   109
   104

   Drilling Permits Trends ( Last 24 Months)


Wolfcamp Shale - Drilling Permits ( November 05, 2021 - December 05, 2021)
Date Approved county Well Name Well type Well Bore Type Field/Zone Well Status
Battalion Oil Corp.
11-17-2021 Ward Hunter C 2605h Oil Horizontal Phantom (wolfcamp) Undrilled
Velocity Water Solutions Lp
11-17-2021 Martin Ruby Swd 2 Swd Vertical Phoenix, South (grayburg) Undrilled
ExxonMobil
11-17-2021 Martin Dire Wolf Unit 2 0415ah Oil Horizontal Spraberry (trend Area) Undrilled
11-17-2021 Martin Dire Wolf Unit 2 0426sh Oil Horizontal Spraberry (trend Area) Undrilled
11-17-2021 Martin Dire Wolf Unit 2 0406bh Oil Horizontal Spraberry (trend Area) Undrilled
11-17-2021 Martin Dire Wolf Unit 2 0416ah Oil Horizontal Spraberry (trend Area) Undrilled
11-17-2021 Martin Dire Wolf Unit 2 0435sh Oil Horizontal Spraberry (trend Area) Undrilled
11-17-2021 Martin Dire Wolf Unit 2 0437sh Oil Horizontal Spraberry (trend Area) Undrilled
11-17-2021 Martin Dire Wolf Unit 2 0407bh Oil Horizontal Spraberry (trend Area) Undrilled
11-17-2021 Martin Dire Wolf Unit 2 0417ah Oil Horizontal Spraberry (trend Area) Undrilled

  Wolfcamp Shale - Drilling Activity (2016 - 2021 YTD)


 Wolfcamp Shale - Well Completion Trend


Completions By
Company
2021(YTD)
Count
ExxonMobil 230
Pioneer Natural Resources Co. 199
Double Eagle Energy III LLC 170
167
117
Completions By
County
2021(YTD)
Count
Midland 357
Martin 356
Eddy 303
219
210

 Wolfcamp Shale Map

 Wolfcamp Shale Rig Data : December 5, 2021


Drilling Trends from May 4, 2011 - December 5, 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 $190
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $3,250
11/03/2021 Henry Resources Llc,Pickering Energy Partners Centennial Resource Development Centennial Sells Off Delaware Basin Asset for $101 Million $101
10/04/2021 Earthstone Energy Inc. Foreland Investments Lp Earthstone Picks Up Midland Basin Assets for $73.2 Million in Cash/Stock $73
09/20/2021 Laredo Petroleum Inc. Pioneer Natural Resources Co. Laredo to Acquire Midland Asset from Pioneer in $230MM Cash/Stock Deal $230
08/16/2021 Surge Energy Inc,Moss Creek Resources, LLC Apache Corp Surge Energy Bolts On Midland Basin Assets for $37.5 Million $38
08/09/2021 Viper Energy Partners Lp Swallowtail Royalties Viper Inks Deal with Swallowtail for Midland Basin Royalty Assets $225
08/09/2021 Callon Petroleum Co. Primexx Energy Partners Callon Petroleum Acquires Primexx in $788MM Cash/Stock Deal $788
07/28/2021 Lime Rock Resources Rosehill Resources Inc. PE-Backed E&P Acquires Delaware Basin Private Company for $500 Million $508
06/16/2021 Northern Oil and Gas, Inc. Not Disclosed Northern Oil Adds to Permian Position in Deal Worth $102 Million $102
 

  Wolfcamp Shale Transactions By Quarter ($MM)