RSP Permian Acquires Midland Basin Properties, as Permian Rigs Stay Steady in Summer

SUGAR LAND--August 26, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--RSP Permian Incorporated (NYSE:RSPP) (Dallas, Texas), an independent oil & gas company, closed several bolt-on acquisitions in the Midland Basin, which is its major operating area, for about $274 million. The company estimates it has picked up more than 85 million barrels of oil equivalent from the acquisitions. RSP is not the only company to weather the weak commodity-price environment via the (relatively) resilient area.

Within this article: Details on drilling programs in the Midland Basin and elsewhere in the Permian Basin, including projects from XTO Energy Incorporated, Concho Resources Incorporated (NYSE:CXO), Exxon Mobil Corporation (NYSE:XOM), LINN Energy LLC (NASDAQ:LINE) and Pioneer Energy Services (NYSE:PES).