Operations - Endeavor Resources
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Operations

Endeavor’s operations are focused on developing the following Core 6 Midland Basin assets:

Basin info

Midland Basin

The Midland Basin consists of Martin, Howard, Midland, Glasscock, Upton and Reagan counties. These “Core Six” counties are the center of focus for Endeavor’s horizontal drilling operations. Once thought to be uneconomic properties, these core counties are now the foundation for West Texas’ oil inventory. Improvements in drilling and completion technologies, process improvements, and hardworking men and woman have led to a world leading supply chain in West Texas. With a large asset position of over 300,000 net acres in the Midland Basin Endeavor is poised for unparalleled growth as it executes its drilling program. An estimated 98% of Endeavor’s assets in the Midland Basin have yet to be drilled.

4,718

Producing Wells

529,000

Net Acres

9,900

Gross Drilling Inventory

44,100

Net Daily Production

Our Strategic Process

Return on Investment
01

Explore

Substantial land position in the Permian Basin delivering profitable returns in fluctuating commodity environments.

02

Develop

Our vertically integrated E&P and Energy services model allows for stability, efficiency and the ability to react appropriately to changing market conditions.

03

Produce

Our production from Hz wells is driving our growth and providing new opportunities.

04

Improve

Constantly improving processes to deliver strong returns by minimizing costs and maximizing recovery.

Net Operated Midland Basin Oil Well Horizontal Production

Average Operated Midland Basin HZ IP 60 days Cumulative BOE Production

Total Lease Operating Expense per Boe

3Q17 Endeavor Operated Midland Basin HZ Wells Cash Margin vs. Corporate

Midland Basin Private Rigs by Operator

Data reported as of Q3 2017 and is subject to change

Asset Composition

Acreage
  • Midland Basin

  • Delaware Basin

  • Other

Reserves
  • Midland Basin

  • Delaware Basin

  • Central Platform

  • Other

Inventory
  • Drilled and Completed

  • Available Midland Basin Inventory

Data reported as of Q3 2017 and is subject to change