PBIOS - October 2021 - 110

Permian Basin Reports
Callon Petroleum Co. expects to
close in the fourth quarter on its
acquisition of Primexx Energy Partners
and 35,000 net acres in the
Delaware Basin. Callon will have
more than 2,000 net high-value locations
(60% in the Delaware and
25% in the Midland) across 110,000
net acres in the Delaware and
30,000 net acres in the Midland
Basin, in addition to its 73,000 net
acres in the Eagle Ford.
Midland Basin, says CEO Jason Cansler.
" We have taken a business strategy
that may be different than other private
companies, which is to identify assets
that we feel like we understand and drill
the entire stack of commercial inventory, "
Cansler comments.
Although Birch typically keeps most
drilling, completion and production information
close to the vest, the company
currently is drilling with two rigs targeting
the Spraberry and Wolfcamp with laterals
averaging 11,000 feet.
While, like others, the company monitors
the basin for potential acreage acquisitions,
tier I properties are hard to come by within
the core of the Midland Basin, although
attractive acreage can be captured under
the right circumstances, Cansler says.
Although private, Birch places a major
emphasis on improving ESG performance
across its footprint, which Cansler says
includes mostly new horizontal development
and production facilities.
" Our centralized development plan is
intentionally designed to mitigate as much
of the surface chaos as possible, " Cansler
explains. " We are going to run all of our
horizontal production through a very
small number of central processing facilities,
which yields both operational
and environmental efficiencies. These facilities
have vapor recovery and/or other
emissions control systems to maximize
methane capture and eliminate routine
venting of gas. Additionally, since we
regularly monitor these facilities, issues
can be quickly identified and immediately
repaired. "
Maclaskey.com
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Permian Basin
575-393-1016
Ft Worth Basin
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" Kickin up Dust since '77 "
110 THE AMERICAN OIL & GAS REPORTER
Third-party system constraints beyond
the company's control can temporarily
force gas to be flared, but the industry is
largely moving past the issue with the
construction of new processing and transportation
infrastructure, says Cansler, a
geologist by background with stints at
Chevron and Wells Fargo.
Delaware Basin Acquisition
Houston-based Callon Petroleum Co.
continues an aggressive expansion in the
Permian with the addition of 35,000 net
acres in Reeves County in the Delaware
Basin from an acquisition of Primexx
Energy Partners, which it plans to close
in the fourth quarter.
With the latest addition, Callon has
more than 2,000 net high-value locations
(60% in the Delaware and 25% in the
http://www.Maclaskey.com

PBIOS - October 2021

Table of Contents for the Digital Edition of PBIOS - October 2021

Table Of Contents
PBIOS - October 2021 - Intro
PBIOS - October 2021 - Cover1
PBIOS - October 2021 - Cover2
PBIOS - October 2021 - 3
PBIOS - October 2021 - Table Of Contents
PBIOS - October 2021 - 5
PBIOS - October 2021 - 6
PBIOS - October 2021 - 7
PBIOS - October 2021 - 8
PBIOS - October 2021 - 9
PBIOS - October 2021 - 10
PBIOS - October 2021 - 11
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PBIOS - October 2021 - 14
PBIOS - October 2021 - 15
PBIOS - October 2021 - 16
PBIOS - October 2021 - 17
PBIOS - October 2021 - 18
PBIOS - October 2021 - 18A
PBIOS - October 2021 - 18B
PBIOS - October 2021 - 18C
PBIOS - October 2021 - 18D
PBIOS - October 2021 - 18E
PBIOS - October 2021 - 18F
PBIOS - October 2021 - 19
PBIOS - October 2021 - 20
PBIOS - October 2021 - 21
PBIOS - October 2021 - 22
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PBIOS - October 2021 - 24
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PBIOS - October 2021 - 37
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PBIOS - October 2021 - 40
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PBIOS - October 2021 - 70
PBIOS - October 2021 - 71
PBIOS - October 2021 - 72
PBIOS - October 2021 - 73
PBIOS - October 2021 - 74
PBIOS - October 2021 - 75
PBIOS - October 2021 - 76
PBIOS - October 2021 - 77
PBIOS - October 2021 - 78
PBIOS - October 2021 - 79
PBIOS - October 2021 - 80
PBIOS - October 2021 - 81
PBIOS - October 2021 - 82
PBIOS - October 2021 - 83
PBIOS - October 2021 - 84
PBIOS - October 2021 - 85
PBIOS - October 2021 - 86
PBIOS - October 2021 - 87
PBIOS - October 2021 - 88
PBIOS - October 2021 - 89
PBIOS - October 2021 - 90
PBIOS - October 2021 - 91
PBIOS - October 2021 - 92
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PBIOS - October 2021 - 100
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PBIOS - October 2021 - 108
PBIOS - October 2021 - 109
PBIOS - October 2021 - 110
PBIOS - October 2021 - 111
PBIOS - October 2021 - 112
PBIOS - October 2021 - 113
PBIOS - October 2021 - 114
PBIOS - October 2021 - 115
PBIOS - October 2021 - 116
PBIOS - October 2021 - 117
PBIOS - October 2021 - 118
PBIOS - October 2021 - 119
PBIOS - October 2021 - 120
PBIOS - October 2021 - 121
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PBIOS - October 2021 - 125
PBIOS - October 2021 - 126
PBIOS - October 2021 - 127
PBIOS - October 2021 - 128
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PBIOS - October 2021 - 162
PBIOS - October 2021 - Cover3
PBIOS - October 2021 - Cover4
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https://www.nxtbook.com/nxtbooks/aogr/201812
https://www.nxtbook.com/nxtbooks/aogr/201811
https://www.nxtbook.com/nxtbooks/aogr/201810
https://www.nxtbook.com/nxtbooks/aogr/pbios_201810
https://www.nxtbook.com/nxtbooks/aogr/201809
https://www.nxtbook.com/nxtbooks/aogr/201808
https://www.nxtbook.com/nxtbooks/aogr/201807
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https://www.nxtbook.com/nxtbooks/aogr/201801
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https://www.nxtbook.com/nxtbooks/aogr/pbios2016_programguide
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https://www.nxtbook.com/nxtbooks/aogr/pbios2014_programguide
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