ENERGY ADVISORS RESEARCH

MIDLAND BASIN PERSPECTIVES

46 Pages

MIDLAND BASIN

M&A, E&P, Capital Markets, Operations

Stacked Pays Led By Spraberry & Wolfcamp

~115 Horizontal Rigs Running

1,429 Permits Issued Last 6 Months

1,704 DUCs Pending

Record 3.8 MMboe/d: Gross Production

>18,900 Producing Hz Wells

>$74.3B in Record M&A YTD, 43% of US

Ground ZERO as XOM takes PXD for $64B

Wolfcamp A Avg. 69 boe/d/1000' lateral

Lower Spraberry Avg. 64 boe/d/1000' lateral

DOWNLOAD ABBREVIATED REPORT

STUDY 7001MA