ACTIVITY SUMMARY • 5 major oil & gas agreements negotiated adding 1 million lateral feet in future obligations • ~190 wells began producing • ~1.65 million lateral feet drilled on PUF acreage
PERMIAN ACTIVITY ~29% in Delaware Basin
~43% Northern Midland Basin ~20% in Southern Midland Basin ~8% Central Basin Platform
NORTHERN MIDLAND BASIN FY2020 Wells Lateral Ft
CENTRAL BASIN PLATFORM FY2020 Wells Lateral Ft
Hz Spud
88
995,000
Hz Spud
7
48,,000
Hz 1 st Prod
70
709,000
Hz 1 st Prod
19
129,000
SCURRY
GAINES
BORDEN
DAWSON
al
DEVELOPMENT ACTIVITY
HOWARD
m
MARTIN
ANDREWS
MITCHELL
Parsley
Oxy (Anardarko)
Felix/WP/ Devon Elevation
Zarvona (PT/ Henry/Approach)
Hibernia
COKE
Piedra QEP
Pioneer Sequitur
STERLING
ECTOR
MIDLAND
GLASSCOCK
Midland Basin
TOM GREEN
CRANE
UPTON
WELL ACTIVITY
REAGAN
IRION
Drilled
Permited Producing
SCHLEICHER
PECOS
CROCKETT
SUTTON
1.3 million acres leased for oil and gas development
21
Fiscal Year 2020 Annual Report TE RELL
Oil & Gas Mineral Management
VAL VERDE
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