Exxon Pending 36T2N Multi Permit & Pad Development Analysis

Surface & Sub-Surface Persona Summary

Exxon has permitted a Midland Basin manufacturing-style horizontal development program for block 36T2N Section 30 focused on repeatable Spraberry shale exploitation using centralized multi-well pads, standardized drilling geometries, uniform depth targeting, and batch operational execution to maximize drilling efficiency and long-term capital productivity.

Drilling Rig Prediction Using Section 38

Section 38 utilized multiple high-spec drilling rigs, led primarily by H&P 463 and H&P 601, indicating a manufacturing-style multi-rig development strategy rather than a single rig per pad. The strong similarity in field targeting and projected depths between Sections 38 and 30 suggests these same rigs are highly likely to be operationally compatible for Section 30 development.



1. Surface Pad Definition Results

Pad Definition Rule Applied

Wells were classified as a single pad when:

  • Surface locations fell within a 50-meter radius
  • Wells shared the same Block + Section

Result

The dataset consolidated permits into distinct multi-well pad developments.

Observed pad structures included:

PadApprox. Well Count
PAD-19 wells
PAD-26 wells
PAD-36 wells

The development pattern reflects modern Permian-style manufacturing drilling programs using centralized surface locations.


2. License Timing Analysis

First License Date per Pad

Each pad was analyzed to determine the earliest license issuance date.

Key Finding

Average first license date across all pads:

2024-10-24

This indicates the permits were largely licensed within the same development cycle.


Average Days Between First & Last License Dates

Key Finding

Average elapsed time between first and last license date per pad:

49.64 days

Insight

This suggests:

  • Batch permitting strategies
  • Simultaneous development planning
  • Coordinated rig scheduling
  • Centralized infrastructure planning

The licensing cadence is consistent with large-scale pad manufacturing programs.


3. Surface Location Persona

County Concentration

Primary activity was concentrated in:

CountyBasin
MARTIN CountyPermian – Midland Basin

Basin / Play Identification

Using county analysis, the permits were identified as:

Permian Basin – Midland Basin Development

Specifically aligned with:

  • Spraberry trend development
  • Horizontal shale exploitation
  • Multi-well pad optimization

4. Block / Section Development Pattern

Key Observation

Pads were heavily concentrated around:

BlockSection
36T2NSection 30

Insight

This indicates:

  • Section-scale manufacturing development
  • Shared surface infrastructure
  • Repeatable drilling geometries
  • High-density horizontal development

5. Lease-Level Analysis

Findings

Most pads contained multiple leases but were operationally consolidated into:

  • Single drilling campaigns
  • Shared infrastructure corridors
  • Centralized rig mobilization strategies

Operational Interpretation

The operator is optimizing:

  • Surface disturbance reduction
  • Completion efficiency
  • Pad drilling economics
  • Simultaneous operations execution

6. Contractor & Rig Observations

Contractor and rig fields were sparse in the source dataset.

However, the pad structures indicate:

  • Repeat rig utilization
  • Manufacturing-style rig sequencing
  • Multi-well batch drilling

7. Surface Persona Summary

Overall Surface Persona

This development program reflects:

  • Multi-well horizontal pad drilling
  • Centralized Midland Basin manufacturing development
  • Section-scale infrastructure optimization
  • High-efficiency repeat drilling operations
  • Shared surface locations designed for long lateral development

The operational style resembles:

“Factory drilling” common among major Permian operators.


8. Sub-Surface Persona

Primary Field Target

Dominant field:

SPRABERRY (TREND AREA) Primary Field


Substance Type

Primary classification:

Oil or Gas Well


Drilling Operation

Dominant drilling style:

Horizontal drilling


9. Depth Analysis

Typical Depth Profile

MetricTypical Value
Minimum Depth~10,750 ft
Maximum Depth~10,753 ft
Average Depth~10,751 ft

Total Planned Footage

Example:

PadTotal Feet Drilled
PAD-196,777 ft
PAD-264,500 ft
PAD-364,500 ft

10. Co-Development Analysis

Methodology

Pads were evaluated using:

  • Section overlap
  • Projected depth ranges
  • Multiple field targets

Key Finding

Most Pads:

Low probability of co-development

Reason:

  • Uniform depth targeting
  • Single dominant field
  • Consistent landing zones

Interpretation

The operator appears focused on:

  • Single-zone manufacturing development
  • Highly repeatable geologic targeting
  • Standardized landing intervals

This reflects disciplined shale development rather than stacked-zone co-development.


11. Overall Sub-Surface Persona

The subsurface development program reflects:

  • Standardized horizontal shale drilling
  • Spraberry-focused manufacturing development
  • Repeatable landing zone targeting
  • Consistent depth control
  • Multi-well pad optimization

The program appears engineered for:

  • Capital efficiency
  • Reduced drilling cycle times
  • Repeatable completion design
  • Infrastructure scaling
  • Long-term manufacturing economics

12. Strategic Interpretation

Operational Model Identified

The dataset strongly resembles a:

Large-scale Permian manufacturing drilling campaign

Characteristics include:

Surface Strategy

  • Dense multi-well pad development
  • Shared infrastructure
  • Section-scale optimization

Subsurface Strategy

  • Uniform landing zones
  • Standardized depth targeting
  • Horizontal shale development

Commercial Strategy

  • Batch licensing
  • Multi-rig planning
  • Simultaneous operations readiness

phinds
Author: phinds

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