Wolfcamp

Laredo Bolts On More Permian Opportunities in West Texas

Tulsa-based independent Laredo Petroleum Inc. has added 4,475 contiguous net acres in West Texas for $65 million, helping to build its oily footprint in the Permian Basin.

December 10, 2019
Centennial Testing More Permian Delaware Zones, Prowling for More Bolt-Ons

Centennial Testing More Permian Delaware Zones, Prowling for More Bolt-Ons

Centennial Resource Development Inc., which has placed its flag in the Permian Basin’s Delaware formation, plans to pursue more bolt-on acquisitions this year and continue to explore additional horizons across existing acreage with a lower rig count and reduced spending.

February 26, 2019
Laredo Cuts Capex, Embraces Tighter Spacing in Permian for ‘Transitional’ 2019

Laredo Cuts Capex, Embraces Tighter Spacing in Permian for ‘Transitional’ 2019

Calling 2019 “a transitional year” and an opportunity to become cash flow neutral, Permian Basin pure-play Laredo Petroleum Inc. slashed its capital budget by more than one-third and said it would continue wider well spacing to address reduced oil productivity.

February 15, 2019
Permian Delaware’s Wolfcamp, Bone Spring Assessed as Largest-Ever Unconventional Province

Permian Delaware’s Wolfcamp, Bone Spring Assessed as Largest-Ever Unconventional Province

The Permian Basin’s Wolfcamp and Bone Spring formations in the Delaware sub-basin contain an estimated mean of 46.3 billion bbl of oil, 281 Tcf of natural gas and 20 billion bbl of natural gas liquids (NGL) of undiscovered, technically recoverable resources, making it the largest continuous reserves assessment ever, the U.S. Geological Survey (USGS) said.

December 7, 2018

Parsley to Focus on Permian Midland Production in 2018

Parsley Energy Inc. said it has successfully integrated about 95,000 net acres in the Permian Basin into its portfolio, which it said makes it it the second-largest publicly traded operator working in the Midland sub-basin.

February 27, 2018

Permian Pure-Players Diamondback, RSP, Callon to Add Rigs into Early 2018

Three pure-play operators in the Permian Basin — Diamondback Energy Inc., RSP Permian Inc. and Callon Petroleum Co. — reported increased production and unveiled plans to deploy additional rigs in the play, by year’s end or during the first quarter of 2018.

November 9, 2017

Abraxas Hindered by Curtailments, Moving Forward with Permian Wolfcamp Plans

Abraxas Petroleum Corp. said two wells in the Permian Basin targeting the Wolfcamp formation are outperforming expectations, and four more wells are planned before the producer moves forward to test 660-foot spacing on a four-well pad.

September 20, 2017
Parsley Completes Permian Delineation, Raises Production Guidance

Parsley Completes Permian Delineation, Raises Production Guidance

Having successfully integrated several acreage trades, Permian pure-play operator Parsley Energy Inc. said it also completed several delineation projects during the second quarter and raised production guidance for the remainder of the year.

August 4, 2017
Pioneer Growing Spraberry/Wolfcamp Production, Resuming Eagle Ford Activity

Pioneer Growing Spraberry/Wolfcamp Production, Resuming Eagle Ford Activity

Pioneer Natural Resources Co. continues to work its Spraberry/Wolfcamp acreage in the Permian Basin with its latest — and most successful so far — well completion design. Meanwhile, company activity is returning to the Eagle Ford Shale.

May 5, 2017

EP Energy Forms JV With Private Investor to Develop Permian Acreage

Houston-based exploration and production company EP Energy Corp. said Thursday it has tapped private investor Wolfcamp Drillco Operating LP to form a 150-well joint venture (JV) in the Permian Basin.

January 27, 2017
‹ Previous 1 2 3 4