CrownQuest Operating LLC
About
Based in Midland, Texas, CrownQuest operates in several areas of the continental U.S., primarily in the Permian Basin. The company is an active driller and seeks to expand its leasehold in the Permian Basin.
Editor's note: Updated April 3, 2020.
Headquarters Address
18 Desta Dr
Midland, TX 79705
United States
Website
crownquest.comMain Phone Number
Transactions
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New Financings
Priced a private offering of 5.000% senior unsecured notes due 2029. CrownRock, an oil and gas producing…
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News
Oxy’s Hollub Drills Down on CrownRock Deal, More M&A, Net-zero Oil
Vicki Hollub is leading Occidental Petroleum through the M&A wave while pioneering oil and gas in EOR and DAC towards the goal of net-zero oil.
Occidental Closes $12 Billion Acquisition of CrownRock
Occidental has already started the process of reducing debt incurred through its acquisition of CrownRock LP with an $817 million sale in late July of Delaware Basin assets to Permian Resources.
Hunting for Growth: Petro-Hunt Digs Deeper into Delaware, Williston
Dallas-based Petro-Hunt, one of the nation’s largest private oil and gas producers, is drilling in the Permian and Williston basins—and keeping an eye out for accretive M&A.
After Record Year, Permian Basin Set for Even More M&A in 2024
The big have grown bigger and Tier 1 acreage is even pricier in America’s hottest oil basin.
Which Occidental Assets Will Hit Chopping Block After $12B CrownRock Deal?
After weeks of market speculation, Occidental announced plans to acquire private E&P CrownRock LP for $12 billion, adding core Midland Basin inventory and more upside from deeper zones underground.
Occidental to Acquire Midland Basin E&P CrownRock for $12B
Occidental Petroleum said the purchase of CrownRock includes 1,700 undeveloped locations, 750 of which break even at prices of less than $40/bbl of WTI.
Public, Private E&Ps Split on Permian Basin Drilling Strategies
The Permian led the nation in drilling rig activity in the past year, with data showing much of that growth coming from large, public upstream operators as private companies such as CrownQuest Operating, Iskandia Energy and Mack Energy have downshifted.
Best of This Week’s Drilling Activity Highlights (July 30, 2021)
A new Walker Ridge discovery in the U.S. Gulf by Chevron plus two more Wolfcamp Shale producers from CrownQuest’s Avogadro prospect in the Permian Basin top this week’s oil and gas drilling activity highlights from around the world.
Best of This Week’s Drilling Activity Highlights (June 18, 2021)
Range Resources Marcellus Shale wells, Permian Basin results, a Norwegian North Sea wildcat from ConocoPhillips plus Middle Bakken completions by Kraken Resources top this week’s oil and gas drilling activity highlights from around the world.
Best of This Week’s Drilling Activity Highlights (April 3, 2020)
Two extended-lateral Wolfcamp Shale producers completed by CrownQuest and a horizontal Frontier discovery in Wyoming’s Converse County top this week’s drilling activity highlights from around the world.
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Producing 6.5 million barrels equivalent per day, these 100 private producers represent the best of the U.S. oil and gas industry.