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Concho Resources Inc. was a company engaged in hydrocarbon exploration, incorporated and organized in Delaware and headquartered in Midland, Texas, with operations exclusively in the Permian Basin. In 2021, the company was acquired by ConocoPhillips .
Endeavor Energy Resources (officially Endeavor Energy Resources LP) is a privately-held hydrocarbon exploration and production company based in Midland, Texas.Founded in 1979 by Autry Stephens, it has since evolved in one of the largest private oil producers in the Lower 48.
In 1971, Milchem was acquired by Baker Oil Tools. In 1985, Baker announced that it would combine its Houston-based Milchem Drilling Fluids subsidiary with competitor New Orleans–based Newpark Drilling Fluids forming Milpark, with Baker getting 64% of the merged company and Newpark Resources Inc. parent of Newpark Drilling Fluids taking 36%.
This may be done by injecting fluids at high pressure (hydraulic fracturing), injecting fluids laced with round granular material (proppant fracturing), or using explosives to generate a high pressure and high speed gas flow (TNT or PETN up to 1,900,000 psi (13,000,000 kPa) ) and (propellant stimulation up to 4,000 psi (28,000 kPa) ).
The westward-dipping Midland Basin is subdivided into several formations (figure 4) and is composed of laminated siltstone and sandstone. The Midland Basin was filled by a large subaqueous delta that deposited clastic sediment into the basin. Aside from clastic sediment, the Midland Basin also contains carbonate deposits originating from the ...
Patterson Drilling Company was founded in 1978 by Cloyce Talbott and Glenn Patterson. [1] UTI Energy was formed in 1986 to purchase Universal Well Services, Union Supply Company, Triad Drilling Company, and International Petroleum Services Company. In 2001, Patterson Drilling acquired UTI Energy and renamed the company Patterson-UTI Energy. [3]
Pioneer Natural Resources Company, headquartered in Irving, Texas, was a company engaged in hydrocarbon exploration. It operated in the Cline Shale, which is part of the Spraberry Trend of the Permian Basin, where the company was the largest acreage holder. [1] In May 2024, the company was acquired by ExxonMobil.
Newpark Resources, Inc. is a worldwide provider of value-added drilling fluids systems and composite matting systems used in oilfield and other commercial markets. Industry partners include American Petroleum Institute, Independent Petroleum Association of America - IPAA, US Chamber of Commerce et al. [2] The company was founded in 1932 and is based in The Woodlands, Texas. [3]
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