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Concho Resources Inc. Reports Second Quarter 2013 Financial And Operating Results

The table below summarizes the Company’s gross drilling activities by core area for the second quarter of 2013:

  2Q 2013
Total Wells     Operated Wells     Completed Wells
 
New Mexico Shelf 74 39

96

Texas Permian 70 70 91
Delaware Basin 52 35 58
Total 196 144

245

 

Currently, the Company is operating 25 drilling rigs; 1 of these rigs is drilling in the New Mexico Shelf, 11 are drilling in the Texas Permian and 13 are drilling in the Delaware Basin. Of the Company’s 25 operated rigs, 18 are drilling horizontally, including 1 in the New Mexico Shelf, 4 in the Texas Permian and 13 in the Delaware Basin.

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