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Whiting Petroleum, and Hess Corp. espoused optimism about the Bakken, while others talked about the reinvented San Juan. Meanwhile, Extraction Oil & Gas is ready to deal with SB-181.
Here’s the 411 on where IPs and EURs per lateral foot are transitioning to a “Permian 2019” level in the Midland and Delaware basins as well as trends in leasing and permitting, along with a look at the NW Shelf and the Central Basin Platform.
Privately-held producers—some of them on their 4th Permian portfolio—continue to extend the outermost boundaries of the horizontal Midland and Delaware basins, making what was fringe quickly into what is now deemed core property. Here are some of these portfolios.