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Concho Resources Inc.
Concho Resources Inc. was a leading independent oil and natural gas company focused on the acquisition, development, exploration, and production of oil and natural gas properties in the Permian Basin of West Texas and New Mexico. Its strategy centered on efficient, large-scale development of unconventional resources.
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Oil & Gas Exploration & Production CompanyOperator
Strategic Overview
- Concho Resources was a pure-play Permian Basin operator, known for its extensive acreage position and operational efficiency in the region.
- The company focused on large-scale, multi-well pad development to drive capital efficiency and production growth.
- Its acquisition by ConocoPhillips significantly expanded ConocoPhillips' presence and resource base in the Permian Basin.
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Subscribe from €20/mo →Key People
Tim Leach
Chairman and CEO (pre-acquisition)
Track Record
16
Years Active
Notable projects: Extensive Permian Basin oil and gas development
Detailed Analysis
Technologies
Geographies
Deal Stage
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