Denver-based Civitas Resources Inc., the largest producer in the Denver-Julesburg (DJ) Basin, has already secured most planned drilling permits for 2022, the management team said recently.

civitas production mix

“We’re over 90% permitted for the year,” Civitas’ COO Matt Owens told analysts during the earnings call to discuss first quarter results.

Civitas last year completed its takeover of DJ rivals Crestone Peak Resources, Extraction Oil & Gas Inc. and HighPoint Resources Corp. Civitas has since added 38 permitted locations in the DJ through its purchase of Bison Oil & Gas II LLC.

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Civitas on average produced 159,007 boe/d (43% oil, 31% natural gas, 26% NGL) in...