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Drilling Down: Exxon Mobil aims to keep dominant status in Texas shale - Houston Chronicle

The oil major Exxon Mobil is not planning to give up its status as the top driller in Texas.

The company’s shale arm, XTO Energy, filed for 15 drilling permits with the Railroad Commission to develop 15 horizontal wells in the Permian Basin. Located on the company’s Davidson Unit 2 lease in Upton County, the oil wells target the Spraberry field to a total depth of 10,850.

Exxon Mobil was the top driller in Texas after filing for 659 drilling permits in 2019. Early in the new year, the permit filings show Exxon Mobil plans to keep that title.

Drilling Down: Top Texas drillers of 2019

Permian Basin

Tulsa exploration and production company Laredo Petroleum plans to drill 12 horizontal wells on six leases in Howard County. The wells target the oil-rich Spraberry field down to total depth of 9,000 feet.

Eagle Ford

Houston exploration and production company Recoil Resources plans to drill four horizontal wells on its Sekula A lease in Wilson County. The wells target the Eagleville field of the Eagle Ford geological layer to a total depth of 11,000 feet.

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Top 10 Drillers in Texas

(Jan. 15 through Jan. 21)

Exxon Mobile 15

EOG Resources 15

Concho Resources 12

Laredo Petroleum 12

Chesapeake Energy 8

Blackbeard Opearting 6

Occidental Petroleum 6

Trinity Oprating 6

Double Eagle Energy 6

Recoil Resources 4

Source: Railroad Commission of Texas

Haynesville Shale

Sheridan Production filed for the only permit in the Haynesville. The Houston oil company plans to recomplete a vertical oil well in Panola County targeting the Carthage field of the Travis Peak geological layer to a depth of 9,575 feet.

Barnett Shale

No horizontal drilling permits were filed in the Barnett Shale of North Texas, but Nevada-based Rattlesnake Mountain Oil plans to drill a new vertical well on its Moderate Expectations lease in Shackelford County. Located about 9 miles southeast of Albany, the well targets the Shackelford County Regular field to a depth of 1,000 feet.

More: Read the latest oil and gas news from HoustonChronicle.com

Conventionals

San Antonio exploration and production company Hurd Enterprises is planning to drill for natural gas in South Texas. The company would develop a vertical well on its Schwarz lease in Brooks County. Located 14 miles east of Laredo, the well targets the Schwarz field of the Lobo geological layer to a depth of 11,500 feet.

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https://www.houstonchronicle.com/business/energy/article/Drilling-Down-Exxon-Mobil-aims-to-keep-dominant-15000874.php

2020-01-27 12:52:00Z
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