ecent air permit transfers in Crane County, Texas mark another step in the ongoing portfolio realignment underway in the Permian Basin. Two Texas NSR air permits associated with the McKnight Sandhills Unit (MSHU) – Satellite A Tank Battery were formally transferred from ConocoPhillips to Blackbeard Operating, LLC, confirming Blackbeard’s assumption of regulatory responsibility and operatorship in the Central Basin.

Blackbeard is proving that the Central Basin Platform still holds significant potential. While deeper Permian zones grab headlines, Blackbeard is unlocking value from shallower benches using horizontal laterals and simul-fracs: