January 12, 2019
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I see where Colgate, Centennial, Apache, Oxy, and Primexx are
acquiring leases in the Toyah Valley Grape and Cotton addition just to the southeast of me. They will be making MORE acquisitions in
that area following Toyah creek, Sandy creek, Barilla and Coyanosa
Draw across IH10 down to Hovey because they’ve determined the
Wolfcamp staked shale plays go down to 22,000 feet along those
fault lines those creeks follow. There’s many billions of barrels of
oil and quads of gas to recover in that area of the Delaware basin.
So expect a lot more drilling in that area and a lot more gas and oil
gathering pipelines there.
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