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Wolfcamp Shale News

Top Wolfcamp Shale Operators By Rig Count/Locations
(as of 07/03/2020)

Operator Current Week Previous Week Change Change From Last Year
Subscribe to See 29 31 -2 -17
Diamondback Energy, Inc. 10 10 --- -13
Subscribe to See 9 9 --- -10
Subscribe to See 9 10 -1 ---
Subscribe to See 8 8 --- -10
Subscribe to See 7 5 +2 +3
Subscribe to See 7 7 --- -12
Subscribe to See 5 4 +1 -3
Subscribe to See 4 4 --- -16
Subscribe to See 4 4 --- -1


Top Wolfcamp Shale County By Rig Count/Locations
(as of 07/03/2020)

County Current Week Previous Week Change Change From Last Year
Subscribe to See 32 34 -2 -14
LEA 19 20 -1 -29
Subscribe to See 16 14 +2 -22
Subscribe to See 14 13 +1 -29
Subscribe to See 13 12 +1 -18


 Wolfcamp Shale Top Operators
(Undrilled-Permits)
Company    Last 12 Months
EOG Resources, Inc.    348
ExxonMobil    283
Occidental Petroleum Corp    227
   198
   171
   163
   159
   122

   Drilling Permits Trends ( Last 24 Months)


Wolfcamp Shale - Drilling Permits ( June 03, 2020 - July 03, 2020)
Date Approved county Well Name Well type Well Bore Type Field/Zone Well Status
BPX Energy
06-23-2020 Reeves State Daltexas Ranger 56-t2-11x2 W206h Oil & Gas Horizontal Phantom (wolfcamp) Undrilled
06-23-2020 Reeves State Daltexas Ranger 56-t2-11x2 X103h Oil & Gas Horizontal Phantom (wolfcamp) Undrilled
WaterBridge Resources LLC
06-23-2020 Ward Gulfstream Swd 1 Swd Vertical Quito, South (olds Delaware) Undrilled
Titus Oil & Gas Production, LLC
06-23-2020 Loving Rebel 31 Federal 321h Oil Horizontal Phantom (wolfcamp) Undrilled
06-23-2020 Reeves North Reeves Swd 57-t2-3 3v Swd Vertical Jess Burner (delaware 3800) Undrilled
06-23-2020 Reeves North Reeves Swd 57-t2-3 4v Swd Vertical Jess Burner (delaware 3800) Undrilled
06-19-2020 Martin Pronghorn Swd 1 Swd Vertical Glass (grayburg) Undrilled
06-16-2020 Pecos Rifle Canyon Unit 1 Oil Vertical Thigpen (strawn) Undrilled
06-16-2020 Andrews Fee 'bz' 1 Swd Vertical Lowe, West (strawn) Undrilled
06-16-2020 Midland Garrett 17-8 Unit 2 182 Oil Horizontal Spraberry (trend Area) R 40 Exc Undrilled

  Wolfcamp Shale - Drilling Activity (2016 - 2020 YTD)


 Wolfcamp Shale - Well Completion Trend


Completions By
Company
2019(YTD)
Count
ExxonMobil 259
Pioneer Natural Resources Co. 258
Concho Resources, Inc. 214
211
145
Completions By
County
2019(YTD)
Count
Reeves 516
Midland 435
Martin 386
265
234

 Wolfcamp Shale Map

 Wolfcamp Shale Rig Data : July 3, 2020


Drilling Trends from May 4, 2011 - July 3, 2020

 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 $100
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $55
05/04/2020 Pure Acquisition Corp. HighPeak Energy Pure Acquisition To Acquire HighPeak in $845 Milliion Permian Deal $845
04/14/2020 Not Disclosed Ring Energy Inc. Ring Energy Sells Off Delaware Basin Asset for $31.5 Million $32
02/17/2020 Not Disclosed Lilis Energy Inc. Lilis Sells Delaware Basin Acreage for $25MM as Debt Load Mounts $24
02/12/2020 Laredo Petroleum Inc. Not Disclosed Laredo Petroleum Bolts On Midland Basin Acreage for $22.5MM $23
02/04/2020 Alpine Energy Capital Approach Resources, Inc. CANCELLED : Alpine Energy Capital Acquires Approach Resources $193
01/23/2020 BlackGold Capital Management Not Disclosed BlackGold Acquires Midland Basin Mineral Rights ---
01/09/2020 Kimbell Royalty Partners LP Springbok Energy Springbok Sells Mineral Interests to Kimbell for $175MM; Multiple Plays $175
12/16/2019 WPX Energy, Inc. Felix Energy Llc WPX Acquires Permian Focused Felix Energy for $2.5 Billion $2,500
 

  Wolfcamp Shale Transactions By Quarter ($MM)