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Since 1950, Callon Petroleum has been focused on the exploration, development, acquisition, and production of unconventional oil and natural gas properties. In 2009, Callon made its first acquisition of oil and gas properties in the Permian Basin, acquiring 8,800 net acres. Since that time, Callon has continued to grow its presence in West Texas and currently has an acreage position of approximately 145,000 net acres in the core of the Permian Basin.
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Callon’s operations are focused on the oil-weighted Delaware and Midland Basins in West Texas. The company utilizes horizontal drilling and its “Life of Field” Co-development model to develop its acreage. The Company has predominantly focused on the horizontal development of several prospective intervals including multiple levels of the Wolfcamp and Bone Springs in the Delaware Basin. In the Midland Basin, the Company’s primary intervals include the Wolfcamp and Spraberry shales.
To execute on our strategies and deliver results, we rely heavily on our time-tested strengths:
Through our “Life of Field” Co-Development strategy, we are focused on creating long-term value through maximizing the economic development of our assets.
We have built up a reputation of being a safe and responsible operator in the oil and gas industry.
Our high-quality Permian Basin asset base has many years’ worth of proven well results from multiple target zones.
Our high degree of operational control allows us to efficiently maximize value through long-term and daily decisions.
By hiring quality employees across various disciplines, we have built a strong and seasoned employee base.