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In October 2016, the company acquired assets in the Midland Basin from Reliance Energy for $1.625 billion. [7] In November 2016, the company acquired assets in the Delaware Basin for $430 million. [8] In July 2018, the company acquired RSP Permian. [9] On January 15, 2021, the company was acquired by ConocoPhillips. [10] [11] [12]
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.
Significant discoveries included the Embrar oil field (1942), the TXL oil field (1944), the Dollarhide oil field (1945), and the Block 31 oil field (1945). [ 35 ] : 200–201, 230–231 [ 36 ] In 1966, the production of the Permian Basin measured 600 million barrels of oil, along with 2.3 trillion cubic ft of gas, which totaled $2 billion.
Oilfield service companies may produce, maintain, and repair equipment used in oil extraction and oil transportation. [1] In 2019, the global oilfield services market was US $ 267.8 billion. [ 2 ]
Midland Oil Company: Delek ... List of oilfield service companies; References This page was last edited on 14 January 2025, at 03:25 (UTC). Text is ...
Location of the Spraberry Trend in Texas, showing major and nearby cities. Black lines are county boundaries. The Spraberry Trend (also known as the Spraberry Field, Spraberry Oil Field, and Spraberry Formation; sometimes erroneously written as Sprayberry) is a large oil field in the Permian Basin of West Texas, covering large parts of six counties, and having a total area of approximately ...