Exploration and Production companies working in the Permian Basin

Spraberry/Wolfcamp Oil Field Produces Heavy Returns for Companies Investing in the Permian Basin A new and improved oil and gas boom has developed in several key areas in the Lower 48 states of the U.S. These areas are primarily shale plays, and the development of hydraulic fracturing (fracking) and horizontal drilling technologies has made these areas not only viable options, but some of the best areas of production. Within the Permian Basin, the Spraberry/Wolfcamp field has become one of the most important for exploration and production companies. The three top companies in average daily production in the Spraberry/Wolfcamp are Pioneer Natural Resources, Apache Corp., and Concho Resources. These three hold major land resources in this area and have planned to devote even more of their investing capital into the Spraberry/Wolfcamp oil field over the next few years, including additional investments in the remainder of this year. Pioneer Natural Resources Pioneer Natural Resources, the
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