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Wolfcamp Shale

Wolfcamp Shale News

Battalion Oil to sell West Quito Draw assets to MCM Delaware Resources for $62.6MM

Battalion Oil to sell West Quito Draw assets to MCM Delaware Resources for $62.6MM

Battalion Oil has agreed to sell its West Quito Draw assets in the Southern Delaware Basin to MCM Delaware Resources, LLC for approximately $62.6 million, according to a…

Devon / Permian Resources Add To Permian Positions

Devon / Permian Resources Add To Permian Positions

During Q3 2025, both Devon Energy (NYSE: DVN) and Permian Resources (NYSE: PR) deployed capital in the Delaware Basin, but their disclosures show very different ways of thinking…

Crescent Absorbs Vital in a Scale-First Consolidation Bet

Crescent Absorbs Vital in a Scale-First Consolidation Bet

Crescent Energy is making its biggest move yet in its “growth through acquisition” strategy, agreeing to acquire Vital Energy in an all-stock deal that would create a larger,…

$2.4B Deal Gives MPLX Sour Gas Edge in Permian

$2.4B Deal Gives MPLX Sour Gas Edge in Permian

Transaction Overview Acquirer: MPLX LP Target: Northwind Delaware Holdings LLC Purchase Price: $2.375 billion in cash Financing: Entirely funded by debt Expected Close: Q3 2025, Valuation Metrics: 7x…

E&P To Increase 2025 Drilling & Completion Activity

E&P To Increase 2025 Drilling & Completion Activity

During the most recent 3Q announcements Matador outlined it's 2025 development plans. The company said it will run 9 rigs next year (2025) up from 8 this year.…

Empire Petroleum First Quarter 2023 Results

Empire Petroleum First Quarter 2023 Results

Empire Petroleum announced first quarter 2023 results. Highlights Increased year-over-year per day sales volumes by 4% to 2,206 barrels of oil equivalent per day ("Boe/d") (61% oil, 19%…

Earthstone Energy, Inc., First Quarter 2023 Results

Earthstone Energy, Inc., First Quarter 2023 Results

Earthstone Energy, Inc., announced first quarter 2023 results. Highlights Average daily production of 104,450 Boepd(1), up 194% from Q1 2022 Net income(2) of $86.2 million, and Adjusted Net…

Battalion Oil Corporation First Quarter 2023 Results

Battalion Oil Corporation First Quarter 2023 Results

Battalion Oil Corporation announced first quarter 2023 results. Highlights Substantial progress on acid gas treating facility as we ramp up gas delivery toward bringing the facility fully online…

Ring Energy, Inc., First Quarter 2023 Results

Ring Energy, Inc., First Quarter 2023 Results

Ring Energy, Inc., announced first quarter 2023 results. Highlights Grew first quarter 2023 sales volumes 2% to a record 18,292 barrels of oil equivalent per day ("Boe/d") (69%…

PDC Energy, Inc., First Quarter 2023 Results

PDC Energy, Inc., First Quarter 2023 Results

PDC Energy, Inc., announced first quarter 2023 results. Highlights Net cash from operating activities of approximately $590 million, adjusted cash flows from operations, a non-U.S. GAAP metric defined…

Wolfcamp Shale Top Operators (Undrilled Permits)

Company Last 12 Months
Occidental Petroleum Corp 434
Permian Resources Corp. 373
Devon Energy Corp 362
locked 353
locked 343
locked 230
locked 209
locked 180

Wolfcamp Shale Well Completion Trend

Wolfcamp Shale Map

Wolfcamp Shale Rig Data: August 10, 2026

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 & Acquisitions

Wolfcamp Shale Transactions By Quarter ($MM)