Permian Basin Unconventional (Halcon Resources Corp) TX is a producing unconventional oil field located onshore the US and is operated by Battalion Oil.
Field participation details
The field is owned by Battalion Oil.
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Production from Permian Basin Unconventional (Halcon Resources Corp) TX
The Permian Basin Unconventional (Halcon Resources Corp) TX unconventional oil field recovered 15.75% of its total recoverable reserves, with peak production expected in 2027. The peak production will approximately 21.32 thousand bpd of crude oil and condensate, 35 Mmcfd of natural gas and 4.59 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2050.
Remaining recoverable reserves
The field is expected to recover 184.15 Mmboe, comprised of 119.45 Mmbbl of crude oil & condensate, 212.67 bcf of natural gas reserves and 29.26 Mmbbl of natural gas liquid reserves. Permian Basin Unconventional (Halcon Resources Corp) TX unconventional oil field reserves accounts 0.23% of total remaining reserves of producing unconventional oil fields globally.
About Battalion Oil
Battalion Oil Corp (Battalion Oil), formerly Halcon Resources Corp, is an independent energy company that carries out the acquisition, production, exploration and development of onshore oil and natural gas properties. Battalion Oil mainly focuses on the Delaware Basin, East Texas. The company mainly targets the Wolfcamp and Bone Spring formations in the basin. It has working interests in developed and undeveloped oil and natural gas acreage in Montana, North Dakota, Oklahoma and Texas. The company markets its oil and natural gas production assets to independent marketers, oil and natural gas companies and pipeline companies. Battalion Resources is headquartered in Houston, Texas, the US.
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Methodology
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.
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