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 09/23/2020)

Operator Current Week Previous Week Change Change From Last Year
Subscribe to See 16 18 -2 -39
Concho Resources, Inc. 8 8 --- -9
Subscribe to See 7 9 -2 -1
Subscribe to See 7 7 --- -11
Subscribe to See 5 5 --- -12
Subscribe to See 5 5 --- +5
Subscribe to See 5 6 -1 -12
Subscribe to See 5 7 -2 ---
Subscribe to See 4 4 --- -2
Subscribe to See 4 3 +1 -4


Top Wolfcamp Shale County By Rig Count/Locations
(as of 09/23/2020)

County Current Week Previous Week Change Change From Last Year
Subscribe to See 24 26 -2 -22
LEA 19 20 -1 -39
Subscribe to See 18 17 +1 -16
Subscribe to See 17 14 +3 -32
Subscribe to See 9 10 -1 -16


 Wolfcamp Shale Top Operators
(Undrilled-Permits)
Company    Last 12 Months
EOG Resources, Inc.    438
Devon Energy Corp    272
Occidental Petroleum Corp    269
   224
   221
   174
   133
   130

   Drilling Permits Trends ( Last 24 Months)


Wolfcamp Shale - Drilling Permits ( August 24, 2020 - September 23, 2020)
Date Approved county Well Name Well type Well Bore Type Field/Zone Well Status
ExxonMobil
09-11-2020 Eddy Poker Lake Unit 21 Lincoln Fee Swd #001 Oil Vertical Undrilled
Boyd Mcwilliams Operating Llc
09-09-2020 Winkler Cop 23 1h Oil Horizontal Keystone (wolfcamp) Undrilled
Steward Energy II LLC
09-09-2020 Yoakum What A Mellon 519 15h Oil Horizontal Platang (san Andres) Undrilled
09-09-2020 Reeves Vintage C U 19h Oil & Gas Horizontal Phantom (wolfcamp) Undrilled
09-09-2020 Reeves Vintage D T 26h Oil & Gas Horizontal Phantom (wolfcamp) Undrilled
09-08-2020 Midland Winkleman 9 Swd 1 Swd Vertical Spraberry (trend Area) Undrilled
09-08-2020 Dickens Brinkman 1 Oil & Gas Vertical Wildcat Undrilled
09-04-2020 Howard West 34-39 (alloc-d) 4sa Oil & Gas Horizontal Spraberry (trend Area) Undrilled
09-04-2020 Howard West 34-39 (alloc-e) 5sb Oil & Gas Horizontal Spraberry (trend Area) Undrilled
09-08-2020 Reeves State Mcgary 16-9 Ua 1bs Oil Horizontal Hoefs T-k (wolfcamp) Undrilled

  Wolfcamp Shale - Drilling Activity (2016 - 2020 YTD)


 Wolfcamp Shale - Well Completion Trend


Completions By
Company
2019(YTD)
Count
ExxonMobil 679
Pioneer Natural Resources Co. 556
EOG Resources, Inc. 462
445
425
Completions By
County
2019(YTD)
Count
Reeves 1064
Midland 1039
Martin 894
784
637

 Wolfcamp Shale Map

 Wolfcamp Shale Rig Data : September 23, 2020


Drilling Trends from May 4, 2011 - September 23, 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 $12
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $5,000
06/04/2020 Pegasus Resources Black Stone Minerals, L.P. Black Stone Sells Off Permian Interests for $95 Million $96
06/04/2020 Not Disclosed Black Stone Minerals, L.P. Black Stone Unloads Midland Basin Mineral, Royalty Interests $55
05/04/2020 Pure Acquisition Corp. HighPeak Energy Pure Acquisition Acquires 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 ---
 

  Wolfcamp Shale Transactions By Quarter ($MM)