Permian Basin

Permian Basin Exclusives

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Callon has entered transactions to boost its position in the Midland Basin to about 34,000 net surface acres, including a new core operating area in one of the basin’s hot spots.

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For the week ending April 15, the North American count dropped to 480, compared to the 1,034 rigs that were pumping about a year ago.

As carnage mounts in oil and gas, recovery is in sight for well capitalized companies in the very best basins and for the investors who back them, according to panelists at Hart Energy's recent Energy Capital Conference.

Permian - Texas Drilling Permits Trends

7 Day Trend75 (-27)
30 Day Trend385 (+52)
1 Year Trend5115 (-4994)
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Heard In The Field

Permian Basin Service Companies

Permian Basin Gross Acreage

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