Callon Reportedly Mulls Options Amid Buyer Interest

Permian Basin explorer Callon Petroleum Co. is considering strategic options amid takeover interest from rival oil and gas players, according to Bloomberg News, as dealmaking accelerates in the U.S. energy industry. 

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Wells Drilled 2023 by Callon

Callon is active in the Permian of West Texas and New Mexico, the biggest and most productive oil field in the country. The Permian has long been ripe for consolidation because it’s highly fragmented thanks to the scores of shale upstarts that have begun drilling there in the past two decades. 

Callon Operation by County

Callon Petroleum ranks #20 in wells drilled in 2022 with 104 wells drilled in the Mid Continent of the US. The Mid Continent region includes Texas, Oklahoma, New Mexico and Louisiana.

Permian

Ward County, TX ranks #15 in the state for BOE produced in the most recent month (Aug 2022). The information below is the summary of oil and gas data that goes back to 1993 and contains information on the 9,806 wells that have been drilled from Jan 1993 to Aug 2022.

Reeves County, TX ranks #1 in the state for BOE produced in the most recent month (Jun 2020). The information below is the summary of oil and gas data that goes back to 1993 and contains information on the 6,588 wells that have been drilled from Jan 1993 to Jun 2020.

Howard County, TX ranks #8 in the state for BOE produced in the most recent month (Jun 2020). The information below is the summary of oil and gas data that goes back to 2022 and contains information on the 0 wells that have been drilled from N/A to Jun 2020.

Midland County, TX ranks #1 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 13,822 wells that have been drilled from Jan 1993 to Jun 2022.

Andrews County, TX ranks #15 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 21,381 wells that have been drilled from Jan 1993 to Jun 2022.

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.

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