• 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

Earthstone to allocate capital expenses to growth areas in Permian Basin

February 10, 2023 by PBOG

The Woodlands-based Earthstone Energy said recently that 14 of 19 wells brought online in 2022Q3 exceeded 1,000 barrels of oil per day, including the five-well Barnhart pad in Irion County, and Enverus said the company plans to allocate part of its 2023 capital budget to the area after it identified 40 additional locations.  Earthstone reached 100,000 boed production in September 2022.  Production volumes of 94,329 boed in Q3 nearly quadrupled the 25,836 boed of 2021Q3 after three major acquisitions were completed in 2022 – Chisholm Energy Holdings, Bighorn Permian Resources, and Titus Oil and Gas.

Earthstone’s primary assets are in Delaware and Midland basins in west Texas and Eagle Ford in south Texas.

Filed Under: 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