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Wolfcamp Shale News

More Wolfcamp Shale News

Top Wolfcamp Shale Operators By Rig Count/Locations
(as of 03/21/2023)

Operator Current Week Previous Week Change Change From Last Year
Subscribe to See 23 22 +1 -1
Chevron Corp 19 17 +2 +16
Subscribe to See 19 19 --- +8
Subscribe to See 17 17 --- +7
Subscribe to See 17 18 -1 +5
Subscribe to See 15 14 +1 +4
Subscribe to See 12 13 -1 +1
Subscribe to See 12 12 --- +5
Subscribe to See 11 11 --- +1
Subscribe to See 7 7 --- +2
See FULL list of Active Operators >>


Top Wolfcamp Shale County By Rig Count/Locations
(as of 03/21/2023)

County Current Week Previous Week Change Change From Last Year
Subscribe to See 62 58 +4 +18
MIDLAND 40 39 +1 +1
Subscribe to See 33 40 -7 +8
Subscribe to See 32 31 +1 +5
Subscribe to See 28 27 +1 +9
See FULL list of Active County >>


 Wolfcamp Shale Top Operators
(Undrilled-Permits)
Company    Last 12 Months
Pioneer Natural Resources Co.    515
Occidental Petroleum Corp    262
Endeavor Energy Resources    226
   222
   221
   209
   184
   154

   Drilling Permits Trends ( Last 24 Months)


Wolfcamp Shale - Drilling Permits ( February 19, 2023 - March 21, 2023)
Date Approved county Well Name Well type Well Bore Type Field/Zone Well Status
Lrr Pecos Valley, LLC
03-03-2023 Loving Kyle 24 R601 Oil & Gas Vertical Undrilled
03-03-2023 Loving Kyle 24 R801 Oil & Gas Vertical Undrilled
03-03-2023 Loving Kyle 24 R802 Oil & Gas Vertical Undrilled
Terrain Water Solutions, LLC
03-02-2023 Reeves Omega Swd 1 Service Well Vertical Undrilled
Colgate Energy Partners III LLC
03-02-2023 Eddy Blackhawk 16 State Com 123h Oil Horizontal Undrilled
03-02-2023 Eddy Blackhawk 16 State Com 124h Oil Horizontal Undrilled
03-02-2023 Eddy Blackhawk 16 State Com 133h Oil Horizontal Undrilled
03-02-2023 Eddy Blackhawk 16 State Com 134h Oil Horizontal Undrilled
03-02-2023 Eddy Black Cat 16 State Com 121h Oil Horizontal Undrilled
03-02-2023 Eddy Black Cat 16 State Com 122h Oil Horizontal Undrilled

More Wolfcamp Shale Drilling Permits >>

  Wolfcamp Shale - Drilling Activity (2016 - 2023 YTD)


 Wolfcamp Shale - Well Completion Trend


 Wolfcamp Shale Map

Wolfcamp Shale Maps

 Wolfcamp Shale Rig Data : March 21, 2023


Drilling Trends from May 4, 2011 - March 21, 2023

 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…

More Overview

Latest Midstream News


Latest Midstream Projects

Project Name Completion date Capacity (MBOPD)
Processing Plant 7 / Processing Plant 3   - -
Martin Water Midstream Midland Water Assets   - -
Pinnacle Dos Picos Gathering System   - -
Stebbins Expansion Crude Oil Pipeline Project   - -
Amarillo Rattler Sysem   - -
Pecos II Plant   - -
Total   -
  Click Here to More Projects

  Wolfcamp Shale - Mergers & Acquisition

Announce Date Buyer Seller Title Value $MM
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $98
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $1,600
10/11/2022 Diamondback Energy, Inc. Firebird Energy LLC Diamondback to Acquire Permian E&P Firebird for $1.6B in Cash/Stock $1,600
09/30/2022 Northern Oil and Gas, Inc. Alpha Energy Partners NOG Acquires Northern Delaware/Permian Assets for $157 Million $125
09/13/2022 US Energy Development Corp Not Disclosed U.S. Energy Development Corp Acquires More Permian Assets $60
08/23/2022 Brigham Minerals Inc. Avant Natural Resources Brigham Minerals Inks $133MM Cash Deal for Midland Basin Minerals, Royalties $133
08/17/2022 Northern Oil and Gas, Inc. Laredo Petroleum Inc. Northern Oil Picks Up Midland Basin Assets for $110 Million in Cash $110
08/04/2022 APA Corp. Not Disclosed APA Corp. Ups Ante in the Delaware Basin; Acquires Property for $555 Million $555
06/28/2022 Earthstone Energy Inc. Titus Oil & Gas Production, LLC Earthstone Acquires Permian Assets of PE-Backed E&P for $575 Million $575
05/19/2022 Permian Resources Corp. Colgate Energy Partners III LLC Centennial and PE-Backed Colgate Combine $3,900
 
Wolfcamp Shale Mergers

  Wolfcamp Shale Transactions By Quarter ($MM)