Delaware Basin

Our Delaware Basin properties in Reeves County Texas, are largely held by production, operated, have been “blocked up” to accommodate mid to long lateral horizontal wells, tested the Wolfcamp and has all  the infrastructure necessary to begin a “manufacturing” development program in 2018.  Our production results have been top tier and experiencing significantly lower initial production declines than other wells in the basin.

Highlights

(as of March 31, 2018)

  • Targeting the Wolfcamp A and B
  • 21,100 net acres
  • Drilled 40+ horizontal Wolfcamp wells
  • 415+ gross operated Wolfcamp locations
  • Over ten years of drilling inventory
  • Top tier production results

2018 annual projected product breakdown:

Oil - 52%
NGL - 23%
Nat. gas - 25%
Resolute Delaware Basin

At a glance

(as of March 31, 2018)

Net acres
21,100

Gross operated drilling inventory
415+