2019.11 Upstream – DoublePoint Energy – Parsley Report [Opt Intel]

How Does DoublePoint Energy Compare to Parsley?

This Operator Intelligence report is an executive summary into Parsley. The company currently holds the fourth-highest enterprise value of the eight companies in our Permian/Midland Pure-Players peer group. Want to see how you compare? View more on Parsley and other competitors with the Enverus Drillinginfo Operator Intelligence suite.

Report Highlights

  • Reversing a downward performance trend in the Delaware represents a key success factor. Asset quality, aggressive business development, and strategic communication all contribute to positive and resilient investor sentiment.
  • After making its two largest Midland Basin acquisitions in Q1 2017, activity surged. Spud-to-production speed has been consistently faster than the basin average despite slower-than-average drill speed.
  • With a strong trend of improvement throughout 2018, normalized peal-BOE rates nearly doubled. The productivity surge followed an 18-month period of near flat performance that was aligned with the basin average.

And more…

 2019.11 Upstream – DoublePoint Energy – Parsley Report [Opt Intel]

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