delaware

Howard Energy Partners (HEP) has completed most of its planned oil and natural gas midstream infrastructure in the Permian Basin’s Delaware sub-basin, enabling more opportunities to move supply south.

Permian Basin pure-play Callon Petroleum Co. continued its transition to larger pads and brought its largest project to date online during the first quarter, while also delineating its acreage and reducing drilling and completion (D&C) costs.

Tulsa-based WPX Energy Inc. remains on track to stay within its original capital budget and within its production range for the year as cost savings are realized across its No. 1 target, the Permian Basin.

Permian Basin pure-play Concho Resources Inc. bumped up its growth outlook for production in 2019, but it kept its spending plans unchanged as it completed several major projects ahead of schedule.

Medallion Delaware Express LLC and Medallion Pipeline Co. LLC on Friday launched a binding open season for long-term commitments to support expanded joint tariff service of their pipeline systems in West Texas, where oil production is booming in the Permian Basin.

Permian Basin in-basin sand production by one count has reached more than 60 million tons/year, and in-basin operations are growing in other areas, reducing demand for the ever-popular northern white as companies work to reduce costs and improve efficiencies.

PDC Energy Inc. again plans to invest heavily in its Denver-Julesburg (DJ) Basin properties in northeastern Colorado this year, as it continues to delineate its position and tweak completion designs in the Permian Basin of West Texas.

Dallas-based Matador Resources Co. reaffirmed plans to reduce activity and consider selling assets in the Eagle Ford and Haynesville shales while hunkering down in the Permian Basin’s Delaware sub-basin, where it plans to drill more wells from multi-well pads and with longer laterals.

With the Alpine High natural gas program basically on autopilot, Apache Corp. is bearing down on developing more liquids and oily resources across the Permian Basin, CEO John Christmann said Thursday.