Permian Basin

Permian Basin Exclusives

Shale, Deals, 2015, Mike Kelly, Global Hunter Securities, GHS

Companies are motivated by ambition and opportunity, while sellers are trying to get ahead of debt or stay afloat in a turbulent year for A&D.

Permian Basin, rig pricing, drilling, survey, Hart Energy

Rig pricing has bottomed, though anticipation of a price recovery now stretches out to mid-2016 on the basis of too many rigs, too much oil, and low commodity prices, say service providers.

Heard In The Field, pressure pumping, well stimulation, Hart Energy, shale, report, Permian Basin

Concern is growing over the 2,000 drilled but uncompleted wells in the region, which could be the first green shoot in a long-anticipated rise in demand for Permian Basin pressure pumping services.

Permian - Texas Drilling Permits Trends

7 Day Trend81 (-50)
30 Day Trend398 (-130)
1 Year Trend9204 (+183)
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Permian Basin Service Companies

Permian Basin Gross Acreage

Company Net Acreage
Occidental 1,765,000
Pioneer 900,000
Apache 850,000
Devon Energy 644,000
All Top Acreage Holders