• Home
  • About Us
    • Previous Issues
    • Submissions
    • Contact Us
  • Subscribe
  • Advertise
    • Audience
    • Editorial Calendar
    • Sizes & Specs
  • Jobs
    • View Open Positions
    • List Your Job

Permian Basin Oil and Gas Magazine

PBOG is the Official Publication of the Permian Basin Petroleum Association and is published monthly by Zachry Publications, LP.

  • News
    • Legislative Matters
    • PBPA
    • People
  • Trade Talk
    • Automation, Controls and Measurement
    • Environmental, Safety and Training
    • Fracking, Frac Sand and Water
    • Infrastructure
    • Pipe and Pipe Service
    • Technology
    • Wireline and Testing
  • Business & Analysis
    • Industry Analysis
    • Mergers and Acquisitions
    • The Financial Picture
  • Drilling Deeper
  • Permit Map
  • Fun
    • Oil Patch Tales
    • History
    • Workovers
  • Subscribe

Development Capital Resources begins drilling joint venture in Wolfcamp

July 11, 2019 by Bailey LeRoux

Development Capital Resources said June 19 its subsidiary initiated a drilling and development joint venture with a private operator in Permian Basin’s Wolfcamp formation.  DCR said it will invest $165 million in the joint venture and will participate as a working interest owner in the drilling and completion of identified drilling locations.  Drilling has started, DCR said, and will continue through 2020.  DCR has offices in Midland and Houston.  The DCR subsidiary is capitalized by funds managed by affiliates of Ares Management Corp.

Filed Under: News Reviews, PBOG Newsletter

Subscribe to PBOG

Subscribe: Newsletter | Magazine

March 2023

March 2023

Read the most recent issue of PBOG on your computer, iPad, Kindle, phone or other electronic reader.

If you'd like to view our previous issues, click here.

Connect with us online.

Facebook spacer Twitter spacer LinkedIn
Privacy Policy

Cookie Policy

Permian Basin Oil and Gas Magazine

3457 Curry Lane
Abilene, TX 79606
325.673.4822
pbog@zacpubs.com

Search PBOG.com

© 2023 · Zachry Publications