Delaware Basin

The Oklahoma independent agreed to acquire the assets of three private companies in its quest to scale up in the Permian's Delaware Basin.

The authors of this paper analyze a robust, well-distributed parent/child well data set using a combination of available empirical data and numerical simulation outputs to develop a predictive machine-learning model.

This paper summarizes a collaborative industry study to compare observations between shale-play data sets and basins, develop general insights into parent/child interactions, and provide customized economic optimization recommendations.

The transaction will add significant high-quality inventory offset to Permian Resources’ existing core acreage in New Mexico.

The challenge of sustaining shale production is growing larger.

A concurrent deal to sell off some of the acquired assets to Northern Oil and Gas will effectively lower the acquisition cost to $1 billion.

This paper describes efforts at the Hydraulic Fracturing Test Site 2 to collect a research data set to improve understating of spatial and temporal hydraulic fracture dimensions, proppant distribution, and reservoir depletion.

The $540 million joint acquisition is expected to close in June.

The independent sells out of south Texas shale, while expanding its Permian presence in separate deals.

The authors of this paper define a work flow that constrains solutions that match models and field observations and obtains a more-representative model for forecasting and optimizing fracture behavior.