FWIW: Filloon Updates Concho Petroleum In The Delaware Basin -- February 7, 2018

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Title : FWIW: Filloon Updates Concho Petroleum In The Delaware Basin -- February 7, 2018
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FWIW: Filloon Updates Concho Petroleum In The Delaware Basin -- February 7, 2018

Link here at SeekingAlpha.

CBP: central basin platform

From the Filloon post:
The Delaware Basin is the epicenter of today's unconventional oil plays. Located in the west Permian, it has a thick payzone and multiple possible intervals to target. As a general rule, the Delaware is deeper than the Midland Basin. More importantly, it has seen less traffic than to the east. The opportunity for downspacing and de-risking is greater, and this increases reward (and risk). This is the reason why operators with core Bakken, Eagle Ford, Niobrara, and Midland leasehold have added acreage west of the CBP.


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