We are tracking 118 Oil & Gas Operators that had 265 new oil & gas well permits approved in Texas, Oklahoma, New Mexico and Louisiana First week of March 2021.
Well Permits by Top Operators include; OXY USA Inc. (36), Eog Resources, Inc. (20), Endeavor Energy Resources, L.P. (16), Endeavor Energy Resources, L.P. (15) and Birch Resources (14).
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Well Permits Overview Status of a well identifies its current state of activity. Over the life of a typical well it will have a progression of status changes – licensed > drilling > completed > production/injection/disposal > suspended > abandoned (decommissioned). The lifespan of a well can vary, from a few years to many decades. A well may go directly from a drilling status to abandoned status if it is unsuccessful in finding oil or gas.
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.
Eagle Ford in Texas is the most mature tight oil play in the Lower 48 current, oil and natural gas production of 2.5 million barrels of oil equivalent per day. Measuring 400 miles long and 50 miles wide along the Texas Gulf Coast, the Eagle Ford basin is spread over 12,000 square miles in South and central Texas.
STACK play is located in the Anadarko Basin area of Oklahoma. STACK is derived from “Sooner Trend (oil field), Anadarko (basin), Canadian and Kingfisher (counties).” The majority of the play is located across (Canadian and Kingfisher as the core counties) and Blaine, Major, Garfield counties. Unlike Plays such as the Eagle Ford, Bakken, Granite Wash, the STACK is not a geological formation, but a geographic referenced area.
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