Approximately 60% of total investments are planned to be allocated to the Permian basin, with the remainder to the DJ basin. Civitas expects to drill and complete 130 to 150 gross wells in the Permian basin and 90 to 110 gross wells in the DJ basin. The majority of activity in the DJ basin will be focused in the Watkins area, which is benefiting from higher well productivity.
Civitas Resources, Inc.
Civitas Resources, Inc. engages in the production of carbon neutral oil and gas. It focuses on developing and producing crude oil, natural gas and natural gas liquids in Colorado’s Denver-Julesburg Basin.