Admiral Permian Resources (APR) is a privately held Permian operator focused on disciplined, execution-driven horizontal development in the Delaware Basin. The MAVERICKS project in Loving County illustrates how smaller, well-capitalized operators are applying a full-stack factory workflow — moving efficiently from batch permitting to drilling execution and centralized production infrastructure with minimal surface and sub-surface variability.
📍 Surface Persona – Concentrated Pad Development in Loving County
Play: Permian Basin – Delaware Sub-Basin
County: Loving County, Texas
Total Wells: 7
All permits and wells are fully concentrated within a single surface footprint in Loving County:
- Block: 28
- Abstract: 1056
- Section: 43
- Total Wells: 7
There is zero surface dispersion across the program. All wells are tied to a single lease:
- MAVERICKS Lease – 7 wells
A single drilling rig was deployed:
- H&P 642 – 7 wells
This surface layout confirms a single-pad, unitized development with no step-out activity, exploratory permitting, or acreage delineation.
Surface Persona (Summary):
This is a tightly clustered, single-section Delaware Basin pad program executed on one lease with one dedicated rig. The surface design reflects a manufacturing-style development optimized for repeatability, minimal surface disturbance, and rapid transition to centralized production infrastructure.
🔬 Sub-Surface Persona – Standardized Wolfcamp Co-Development
Primary Field: PHANTOM (WOLFCAMP)
Well Type: Horizontal oil and gas wells
Total Wells: 7
Projected depth profile:
- Minimum Depth: 12,750 ft
- Maximum Depth: 12,750 ft
- Average Depth: 12,750 ft
- Total Feet Drilled (Planned): 89,250 ft
Every well targets the same projected depth with zero variance, confirming a highly standardized well design and precise landing-zone control.
Using the single-section footprint, uniform projected depths, and single Wolfcamp field, this program reflects true co-development rather than bench testing or staggered zone evaluation.
Sub-Surface Persona (Summary):
APR executed a uniform horizontal Wolfcamp development within the Phantom field, landing all wells at an identical 12,750 ft depth. The absence of depth variance and the single-section footprint confirm deliberate co-development and repeatable sub-surface execution.
⏱ Project Cadence – From Permit to Production Facility
The MAVERICKS CTB facility air permit (Project #405181) anchors the final stage of the workflow, signaling the transition from drilling execution to centralized production readiness.
📊 Full Development Timeline
| Phase | Date | Days from Prior Phase |
|---|---|---|
| First Licence Date (Project Start) | 09/29/2025 | – |
| First Spud (Rig Introduced) | 10/04/2025 | 5 days |
| Last Spud | 01/29/2026 | 117-day drilling window |
| Facility Air Permit Received | 02/17/2026 | 19 days |
| Total Cycle Time | 09/29/2025 → 02/17/2026 | 141 days |
Approximately 4.5 months from regulatory initiation to full facility authorization.
🏭 The Factory Workflow in Action
The MAVERICKS project reflects a textbook Delaware Basin factory model:
- Permit Phase – Batch licensing across a single section
- Rig Mobilization – Single-rig execution with ~19.5 days between spuds
- Completion Phase – Likely February 2026
- Facility Authorization (CTB) – Air permit approved concurrent with production readiness
- Production Mode – Centralized tank battery online
There were no undrilled wells remaining, confirming execution alignment and capital discipline.
Strategic Takeaway
The MAVERICKS program demonstrates how Admiral Permian Resources applies disciplined, section-scale development in the Delaware Basin using standardized Wolfcamp well designs and tightly controlled execution cadence. The single-pad surface layout, uniform landing depths, and rapid permit-to-facility timeline confirm a mature factory-style approach increasingly common among efficient private operators in core Delaware acreage.
