Alchemist Energy 

Website

Website

Address

511 E. John Carpenter Freeway, Suite 300

Irving, TX 75062

Phone

1 (972) 200-3554

Company Description

Alchemist Energy is located in Texas and focused on both operated and non-operated development projects that convert proved undeveloped locations to producing wells.

Operations

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.

Wolfcamp formation extends across the Delaware Basin, Central Basin Platform, and Midland Basin—the three sub-basins that comprise the Permian Basin. The Wolfcamp play has helped drive overall crude oil and natural gas production growth in the Permian Basin during the past decade. Crude oil production in the Wolfcamp accounts for nearly one-third of total Permian crude oil production and more than one-third of Permian natural gas production.