The Midland Basin encompasses a 13,000 square mile area of West Texas. It contains all or parts of 20 counties in West Texas, ranging from Terry and Lynn on the north to Crockett and Schleicher on the south. Much of the tight oil development in the Midland Basin has occurred in the center of the basin, primarily in Martin, Midland, Upton, Howard, Glasscock, and Reagan counties at depths of 7,000 feet (ft) to 10,000 ft.
Texas’s Midland Basin, part of the larger Permian Basin, which spans parts of western Texas and eastern New Mexico, is made up of many stacked hydrocarbon-bearing formations. Production increases from the Permian Basin (particularly the Midland Basin) contributed to record U.S. crude oil and natural gas production in 2019.
Data Download Section
Download Midland Basin Operators by Well Drilled Last 24 Months
Download Midland Basin Operators by Facilities Last 24 Months
Download Midland Basin Operators by Pipeline Last 24 Months
The Midland Basin’s large tight oil resources exist in three major Permian-age formations, the Spraberry tight sand, the Wolfcamp Shale (Benches A, B, and C), and the Cline Shale (also called Bench D of the Wolfcamp Shale).
Midland Basin production reached a low of 3.8 million b/d of crude oil and 4.9 Bcf/d of dry natural gas in May 2020, but production has since increased. In January 2021, the Midland Basin generated 1.6 million b/d of crude oil, which was 5% more than its May 2020 low but 10% less than its monthly peak reached in February 2020. By comparison, Midland natural gas production peaked in late 2020 and reached an all-time high of 5.8 Bcf/d in October 2020, when new pipeline takeaway capacity out of the Permian Basin entered service.
At the end of July 2021, 107 drilling rigs and 28 fracking crews operated in the Midland Basin, according to Enverus Inc. At that time, the Midland Basin accounted for 44% of all rigs operating in the Permian Basin and 22% of all rigs operating in the United States. The Midland Basin’s rig count fell to as low as 58 active rigs last summer, when low crude oil prices led to drastic reductions in drilling operations.
Top 50 Operators in the Midland Basin
|Operator||Well Permits||Pipeline Permits||Facility Permits|
|Pioneer Natural Resources Company||2715||3||158|
|Endeavor Energy Resources, L.P.||911||1||18|
|XTO Energy Inc.||993||0||7|
|Crownquest Operating, LLC||758||1||5|
|Surge Energy America||339||8||28|
|OVINTIV USA INC.||575||7||6|
|Extex Operating Company||0||1||72|
|SM Energy Company||487||0||16|
|Chevron U.S.A. Inc.||325||6||3|
|OXY USA Inc.||250||0||22|
|Laredo Petroleum Inc.||312||2||4|
|Plains All American||1||19||0|
|ENLINK MIDSTREAM SERVICES LLC||0||16||4|
|West Texas Gas, Inc.||2||10||6|
|VENCER ENERGY LLC||0||0||26|
|HUNT OIL COMPANY||256||0||0|
|Hibernia Resources, LLC||61||0||16|
|SCOUT ENERGY MANAGEMENT LLC||0||0||22|
|Earthstone Operating, LLC||83||1||11|
|Callon Petroleum Company||186||0||1|
|SABLE PERMIAN RESOURCES LAND,LLC||187||0||0|
|Henry Resources LLC||114||0||7|
|Summit Petroleum LLC||160||0||2|
|RRP OPERATING LLC||0||0||15|
|Lario Oil & Gas Company||133||0||0|
|Cabot Oil & Gas Corporation||0||0||13|
|Discovery Natural Resources LLC||117||0||1|
|HIGHPEAK ENERGY HOLDINGS, LLC||66||0||6|
|PERMIAN DEEP ROCK OIL CO., LLC||120||0||0|
|Sabalo Exploration Operating, LLC||96||0||1|
|LAKE CRYSTAL OPERATING LLC||0||5||0|
|Black Swan Operating, LLC||10||0||9|
|Sem Operating Company LLC||65||1||0|
|FDL OPERATING, LLC||13||3||0|
|PETROLEGACY ENERGY II, LLC||59||0||1|
|Legacy Reserves Operating LP||62||0||0|
|Hannathon Petroleum, LLC||61||0||0|
|BAYSWATER OPERATING COMPANY LLC||41||0||1|
|ROVER OPERATING LLC||49||0||0|
During the second quarter of 2021, Diamondback drilled 47 gross horizontal wells in the Midland Basin and nine gross horizontal wells in the Delaware Basin. The Company turned 47 operated horizontal wells to production in the Midland Basin, 14 operated horizontal wells to production in the Delaware Basin and four operated horizontal wells in the Williston Basin. The average lateral length for the wells completed during the second quarter was 11,137 feet. Operated completions during the second quarter consisted of 19 Lower Spraberry wells, ten Wolfcamp A wells, nine Middle Spraberry wells, eight Jo Mill wells, six Wolfcamp B wells, five Third Bone Spring wells, two Second Bone Spring wells, two Dean wells, two Bakken wells and two Three Forks wells.
In the first half of 2021, Diamondback drilled 88 gross horizontal wells in the Midland Basin and 17 gross horizontal wells in the Delaware Basin. The Company turned 89 operated horizontal wells to production in the Midland Basin, 39 operated horizontal wells in the Delaware Basin and four operated horizontal wells in the Williston Basin. The average lateral length for wells completed during the first six months of 2021 was 10,729 feet, and consisted of 38 Wolfcamp A wells, 29 Lower Spraberry wells, 15 Middle Spraberry wells, 13 Jo Mill wells, 13 Wolfcamp B wells, eight Second Bone Spring wells, eight Third Bone Spring wells, three Dean wells, two Bakken wells, two Three Forks wells and one Barnett well.
During 2021, the Company plans to operate an average of 22 to 24 horizontal drilling rigs in the Permian Basin, including a one-rig average program in the Delaware Basin and a three-rig average program in the southern Midland Basin joint venture area. The 2021 capital program is expected to place 470 to 510 wells on production. Pioneer expects 2021 oil production of 351 to 366 MBOPD and total production of 605 to 631 MBOEPD.
EnLink Midstream, LLC
The Permian segment continued to see robust producer activity during the first quarter of 2021, particularly in the Midland Basin, although segment profit was adversely impacted by Uri. March 2021 gas gathering and transportation volumes increased by over 12% compared to both December 2020 and January 2021.
On April 30, 2021, EnLink purchased Amarillo Rattler, the owner of a gathering and processing system in the Midland Basin. In connection with the purchase, EnLink entered into an amended and restated gas gathering and processing agreement with Diamondback Energy strengthening EnLink’s acreage dedication position.