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December 7, 2021updated 27 Apr 2022 11:44am

Permian Basin Unconventional (Matador Resources Co) TX Unconventional Oil Field, US

By Carmen

Permian Basin Unconventional (Matador Resources Co) TX is a producing unconventional oil field located onshore the US and is operated by Matador Resources.

Field participation details

The field is owned by Matador Resources.


Production from Permian Basin Unconventional (Matador Resources Co) TX

The Permian Basin Unconventional (Matador Resources Co) TX unconventional oil field recovered 27.13% of its total recoverable reserves, with peak production expected in 2022. The peak production was approximately 20.81 thousand bpd of crude oil and condensate and 84 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2045.


Remaining recoverable reserves

The field is expected to recover 128.36 Mmboe, comprised of 73.75 Mmbbl of crude oil & condensate and 327.66 bcf of natural gas reserves. Permian Basin Unconventional (Matador Resources Co) TX unconventional oil field reserves accounts 0.16% of total remaining reserves of producing unconventional oil fields globally.


About Matador Resources

Matador Resources Co (Matador Resources) is an energy company that explores, develops, and produces crude oil and natural gas resources. It offers new oil and natural gas prospects for exploring and developing hydrocarbons in the US basins. In addition, the company carries out exploration, production and acquisition of programs through oil and natural gas shale, and other unconventional plays. The company operates in Eagle Ford Shale in South Texas, Haynesville Shale in Northwest Louisiana and East Texas, Delaware and Midland Basins in Southeast New Mexico and West Texas, and Permian Shale in Southeast New Mexico and West Texas. Matador Resources is headquartered in Dallas, Texas, the US.

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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