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Civitas expands Permian position with new assets in Howard, Glasscock, Upton

Permian Basin Oil and Gas Magazine

MARCH 4, 2025

Denver-based Civitas Resources said last week it expanded its Permian Basin position with the purchase of operated assets in Howard, Glasscock and Upton counties in Midland Basin. Civitas said slightly more than half of total capital investments will be allocated to Permian Basin with the remainder to DJ Basin.

Basin

Basin Drilling rig Barrel Oil

Upstream Midstream Downstream – What is the Difference?

Aresco

OCTOBER 25, 2023

It involves locating, surveying, drilling, and extracting crude oil and natural gas from underground reservoirs. Key Processes: Exploration, reservoir analysis, drilling, well completion, and production. Assets: Upstream assets include oil and gas fields (land and mineral rights), drilling rigs, production platforms, and wells.

Downstream

Downstream Midstream Upstream Crude Oil

Energy Aggregated

Civitas expands Permian position with new assets in Howard, Glasscock, Upton

Upstream Midstream Downstream – What is the Difference?

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