Petroplex Energy has been busy this year

Petroplex Energy’s supplied 2026 YTD report shows 14 wells across five pads, comprising five Spraberry wells in Borden County and nine Wolfbone/Wolfcamp-area wells in Reeves County, with Lasso 103 accounting for 11 wells and Lasso 104 for three. Average gaps were 30.2 days between licence dates and 21 days between recorded well starts, while Reeves suggests potential stacked development and the Banner Battery air-permit record links by name to the two Borden pads without confirming completion or startup.

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Petroplex Energy Begins Development of the SOUTH ROCKFISH Multi-pad Lease in the Delaware Basin

Petroplex Energy has begun drilling the first of two multi-well pads on its eight-well SOUTH ROCKFISH development in Pecos County, Texas, marking the transition from permitting to execution in the Delaware Basin. The project targets the Wolfbone Trend Area with eight horizontal wells planned to approximately 11,000 feet, led by LASSO Rig 103 on the initial five-well pad while a second three-well pad remains permitted for future development.

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Petroplex Energy | Banner Development Project Overview

Petroplex Energy’s Banner development project in the Midland Basin demonstrates a manufacturing-style shale strategy centered around multi-well pad drilling, centralized battery infrastructure, and coordinated co-development of stacked Spraberry and Wolfcamp intervals across Howard, Martin, Glasscock, and Borden Counties, Texas. Analysis of permits, drilling cadence, projected depths, contractor utilization, and air permitting activity indicates a highly repeatable horizontal development program designed to maximize operational efficiency, reduce surface footprint, and support long-term scalable production growth.

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