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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.

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EOG Resources among independents “best positioned” for recovery

June 25, 2020 by PBOG

U.S. bank Goldman Sachs told Argus Media that Parsley Energy, Pioneer Natural Resources, EOG Resources, Concho and Diamondback Energy are among upstream independents “best positioned for a recovery given their favorable supply costs, well inventories and balance sheets.” Argus said June 15 that EOG is focusing on developing its position in Delaware Basin. The firm […]

Filed Under: Industry Analysis, PBOG Newsletter Tagged With: Delaware Basin, Upstream

Wheat Energy Partners files permits for first projects in Reeves County

May 14, 2020 by PBOG

Fort Worth-based Wheat Energy Partners, founded in 2018, filed permits to drill its first projects in Delaware Basin. Houston Chronicle said Wheat Energy filed permits with Railroad Commission of Texas for four horizontal wells in Reeves County targeting Wolfcamp to total depth of 14,000 feet. The Chronicle said Wheat Energy “is choosing to drill its […]

Filed Under: PBOG Newsletter, Producers and Exploration Tagged With: Delaware Basin, Texas Rail Road Commission

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