Analysis from Sourcenergy DirtWork AlertTM detected an increase of 8.5% in pre-drilling activity in the Permian Basin in December 2021 compared to November 2021.
713 oil & gas pre-drilling activities were detected in December compared to 657 in November. These detections include well pad and frac pond developments, and in many cases, are discovered before a permit has been filed.
Here is a list of the top 10 operators driving this activity (along with associated detections):
- Oxy (36)
- Diamondback (30)
- Pioneer (29)
- Mewbourne ( 19)
- Hibernia (18)
- Endeavor (13)
- Surge ( 13)
- EOG (12)
- XTO (12)
- Blackbeard (10)
For additional details on operators, surface owners and locations of this pre-drill (and pre-permit) activity please contact us: [email protected]
DirtWork AlertTM uses satellite technology (see image below) in combination with permit data and applies artificial intelligence & machine learning to identify upstream activity earlier and more accurately than any other source. And in many instances these pre-drilling activities are detected before a permit has been filed.