Private E&P Endeavor Grows Production In Permian’s Midland Basin

FORT WORTH, Texas—The biggest challenge as an operator in the Permian’s Midland Basin that Endeavor Energy Resources faced not that long ago was improving horizontal well performance, according to Lance Robertson, the company’s COO and senior vice president of development.

“Our well productivity was just not competitive,” Robertson said during Hart Energy’s recent DUG Permian Basin conference and exhibition in Fort Worth, Texas.

But times have changed.

The company, which says it is the second largest land position holder in the Midland Basin, made creating better wells its first and second priorities—following maintaining HSE requirements—over the last five quarters. As a result, the average 30-day IP for a group of seven horizontal wells improved 43% in first-quarter 2018 for Endeavor, compared to two years earlier, with oil cut of about 88%.