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The Delaware Basin is a geologic depositional and structural basin in West Texas and southern New Mexico, famous for holding large oil fields and for a fossilized reef exposed at the surface. Guadalupe Mountains National Park and Carlsbad Caverns National Park protect part of the basin.
The Permian Basin comprises several component basins, including the Midland Basin, which is the largest; Delaware Basin, the second largest; and Marfa Basin, the smallest. The Permian Basin covers more than 86,000 square miles (220,000 km 2 ), [ 1 ] and extends across an area approximately 250 miles (400 km) wide and 300 miles (480 km) long.
At the same time, a deep basin, the Delaware Basin, formed in southeastern New Mexico and Texas, surrounded by the massive Capitan barrier reef. A brief rise in sea level deposited the limestone of the San Andres Formation across much of New Mexico, making this the most extensive Paleozoic formation exposed in the state.
The sale included all of Pioneer Resources assets in the Delaware Basin as it sought to focus on the eastern Midland Basin in Texas. Pioneer Resources exits Delaware Basin, New Mexico in $3.25B ...
The Bell Canyon Formation is a geologic formation found in the Delaware Basin of southeastern New Mexico and western Texas. It contains fossils characteristic of the Guadalupian Age of the Permian Period. [1]
Dallas-based Ellipsis U.S. Onshore was formed in June 2023 and bought 3,000 non-operated acres in the Delaware Basin.
In 1973, as a result of these concerns, and because of positive interest from the southern New Mexico community, the DOE relocated the site of the proposed nuclear waste repository, now called the Waste Isolation Pilot Plant (WIPP), to the Delaware Basin salt beds located near Carlsbad, New Mexico. [7] The Delaware Basin is a sedimentary basin ...
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