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Concho Resources Inc. is an independent exploration and production company engaged in the acquisition, development and exploration of oil and natural gas properties. Concho Resources Inc. is a company engaged in hydrocarbon exploration, incorporated & organized in Delaware and headquartered in Midland, Texas, with operations exclusively in the Permian Basin. More than 2,500 Subscribers rely on our data each day.The Avalon is a shale compared to the Bone Spring, which is more of a conventional reservoir.Concho delivered record quarterly production of 11.9 million Boe, or 132.2 MBoepd, exceeding the high end of the Company’s guidance.During 2014, the Company started drilling or participated in a total of 595 gross wells.Part III of our feature series is focused on the Permian Basin. Concho’s operations are concentrated in the Permian Basin of Southeast New Mexico and West Texas. Of the Company’s 32 operated rigs, 17 are drilling horizontally, including 3 in the New Mexico shelf, 2 in the Texas Permian and 12 in the Delaware Basin. But last year, Concho Resources, the third-largest producer of oil and gas in the Permian Basin, decided to push the envelope. "We are in the very early stages of driving proved reserves and production growth in the Delaware Basin," commented Tim Leach, Chairman, Chief Executive Officer and President.© 2020 Shale Experts, All rights reserved.

In Lea County, New Mexico, shale producers drill an average of 10 wells per 640-acre section. Stay in touch with our Daily Email NewsletterStay in touch with the latest activities by subscribing to our daily email covering operators, service companies,(acreage, production rates, well info, development plans, resverse, and completions designs)Concho Resources Inc, an independent oil and natural gas company, engages in the acquisition, exploration, and development of oil and natural gas properties in the United States Its principal operating areas are located in the Permian Basin region of southeast New Mexico and west Texas Concho Resources Inc is headquartered in Midland, Texas We hope you enjoyed your trial to the website. Unauthorized distribution, transmission or republication strictly prohibited.Track new and recompletion permits by: well name, class, (Oil, Gas, etc) county, state, operator, permit date andstatus, API, lease information, and legal descriptionSearch and view rig locations by: operator, well name, county, state, and wellbore typeSearch for the number of wells planned to drill / complete, rigs, lateral lengths, and frac stagesTrack A&D/M&A transactions by: buyer, seller, deal value, production, reserves, acreage, price per BOE,Access select maps from operator presentations for acreage, acquisitions, trends, and moreTrack the latest well results and performance from operators in the Permian-basin Track spending quarter by quarter as operators adjust spending throughout the yearProperty Listings (Assets for sale by Operator, State, County, Region, Type)Still not sure? Source: Concho Resources. As of December 31, 2019, the company had 1,002 million In 2004, the company was founded as Concho Equity Holdings Corporation by a group of businessmen headed Timothy A. Leach. July 29 (Reuters) - U.S. oil and gas producer Concho Resources Inc reported a bigger quarterly loss on Wednesday, hurt by lower crude prices as …

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