Permian Basin

Permian Basin Exclusives

Delaware Basin, Permian, acquisitions, Diamondback Energy, Luxe Energy

After its $560 million deal with Diamondback, Luxe will move on to a different basin to build another position after it was boxed in by the Delaware's success.

Southern Delaware, oil, Mark Papa, Silver Run, Centennial, NGP, Riverstone, EOG

Papa, the former EOG chairman and CEO, said the assets offer the best percentage growth potential of any small-cap Permian Basin company.

Contango, oil, gas, Permian, Delaware Basin, interests, acquisition, deal, acquire, Wolfcamp, Bone Spring, Pecos County, Texas, Seaport Global Securities, Allan Keel, president, CEO, RBC Capital Markets, SunTrust Robinson Humphrey, equity, offering

Contango’s acquisition includes about 157 gross potential locations across the Wolfcamp A and B and Bone Spring formations, which the company plans to start drilling by October.

Permian - Texas Drilling Permits Trends

7 Day Trend85 (-1)
30 Day Trend380 (-71)
1 Year Trend4956 (-3732)
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Permian Basin Service Companies

Permian Basin Gross Acreage

 
CompanyNet Acreage
Occidental2,500,000
Apache1,700,000
Chevron1,500,000
Pioneer Natural Resources680,000
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