PetroLegacy Energy

Website

Address

6101 W. Courtyard Drive
AUSTIN, TX 78730

Phone

(512) 735-9000

Company Description

PetroLegacy Energy is a privately-held exploration and production company based in Austin, Texas. PetroLegacy Energy II, LLC was formed in September 2016 with an equity commitment from EnCap Investments, L.P.

PetroLegacy Energy currently operates in the Midland Basin with more than 250 producing wells and over 25,000 acres. The position is currently offset by multiple operators with ongoing development and delineation in the Spraberry and Wolfcamp horizons.

PetroLegacy Energy ranks #54 in wells drilled in 2022 with 41 wells drilled in the Mid Continent of the US. The Mid Continent region includes Texas, Oklahoma, New Mexico and Louisiana.

Operations

PetroLegacy operations are located in Martin County Texas.

Martin County, TX ranks #3 in the state for BOE produced in the most recent month (Jun 2022). The information below is the summary of oil and gas data that goes back to 1993 and contains information on the 11,322 wells that have been drilled from Jan 1993 to Jun 2022.

The Midland Basin encompasses a 13,000 square mile area of West Texas. It contains all or parts of 20 counties in West Texas, ranging from Terry and Lynn on the north to Crockett and Schleicher on the south. Much of the tight oil development in the Midland Basin has occurred in the center of the basin, primarily in Martin, Midland, Upton, Howard, Glasscock, and Reagan counties at depths of 7,000 feet (ft) to 10,000 ft

Permian Basin is a shale basin about 250 miles wide and 300 miles long, spanning parts of west Texas and southeastern New Mexico. It includes the highly-prolific Delaware and Midland sub-basins.