oil & gas assets

Permian Scout

Serving the local market with drilling activities, permits & multiple listings

Permian Scout
PLS publishes exploration news and drilling insights in West Texas and Southeast New Mexico through our Permian Scout.

Published every two (2) weeks, this regional report (RRC 7C, 8, & 8A) includes lead stories on drilling activity, successes and new projects while also reporting on drilling rigs, new permits, completions and P&A activity.

  • Stay in front of local prospects, plays & rigs!
  • West Texas, Southeast New Mexico
  • Hard Copy and Email For 1 Individual
  • Every 2 Weeks (22-25 issues per year)
  • Regional discoveries, drilling activity, permits,
    completions and summary drilling statistics, layered
    with regional listings and business opportunities.
  • Web access to the Permian Scout archive.
  • Does not include access to MLS

$ 795 /Yr

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News Date
Oxy cracks code in Bone Spring, competing with top peers
Occidental Petroleum completed its best Bone Spring well to date. The Cedar Canyon 22 Federal Com #6Y flowed 2,273 boe/d (77% oil) on 40/64- in. choke, nearly doubling Oxy’s next best Bone Spring...
Jan 09, 2017
Permian Resources sees strong Wolfcamp results in Lin field
Independent Permian Resources completed six Wolfcamp wells in Reagan County, Texas, this issue at Lin field flowing 1,200 boe/d (82% oil) on average. The best of these, the University 10 RE #0606HS,...
Jan 09, 2017
Permian Quick News - January 9, 2017
• The Permian has 262 oil rigs running, up from 217 YOY. • Reeves Co. has 40 oil rigs running, up from 21 YOY. • Midland Co. has 35 oil rigs running, up from 29 YOY. • Concho...
Jan 09, 2017
M&A surge in Delaware validates basin E&P
While the PLS Regional Scouts generally don’t cover acquisition and divesture activity, it is impossible to ignore the astonishing rise of the Delaware Basin during 2H16. After years of playing...
Dec 16, 2016
Ring’s $71 million equity raise drives drilling program
Ring Energy net $71 million in an equity raise Dec. 9 to drive its drilling program. The company will focus most of its $70 million 2017 capex to drill 22 San Andres wells in the Central Basin...
Dec 16, 2016
Permian Quick News - December 16, 2016
• The Permian region has 244 oil rigs running, up from 205 YOY. • Martin County, Texas, has 21 oil rigs running, up from 11 YOY.• Culberson County, Texas, has 10 oil rigs running, up...
Dec 16, 2016
Devon Energy expands Leonard shale inventory 20%
Devon Energy has increased its risked Leonard shale drilling inventory 20% in the Delaware Basin to 950 gross locations after a successful stacked spacing test in Lea County, New Mexico. The Thistle...
Dec 15, 2016
Drilling yields record results for Concho in the Delaware
Concho Resources had a record-setting Q3 with increased well performance from its Delaware Basin assets and record lateral lengths across all operating areas. The company also raised its FY16...
Dec 01, 2016
Pioneer pushes forward with Version 3.0 completions
Pioneer Natural Resources is expanding its completion optimization program, adding 20 Version 3.0 wells to its program for a total of 100 wells. During Q3, the company completed 46 horizontal wells,...
Dec 01, 2016
Permian Quick News - December 1, 2016
• There are 226 oil rigs running in the Permian region this issue, up from 222 YOY. • There is one rig running in Roosevelt County, New Mexico, up from zero YOY. • There are 36...
Dec 01, 2016

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