ExpandThe southern Midland tends to produce more gas due to its depth than the relatively more shallow northern Midland, which is 90% oil. But Discovery's production is showing roughly 66% oil and NGL, data show. (Tom Fox/Hart Energy)
January 20, 2026 04:08 PM CST
Key Takeaways
-
Denver-based Discovery Natural Resources holds some 150,000 acres in the southern Midland Basin.
-
Discovery's production is showing roughly 66% oil and NGL, data show. About half of the liquids are oil; half, NGL.
-
The E&P pumped up its proppant load in its new wells in late 2024 into 2025 to about 2,000 lb per lateral foot.
-
First-three-month oil from new Discovery wells was about 4 bbl/ft, which ranked in the middle of results analyzed for 18 Midland Basin operators.
Privately held, family-office-backed Discovery Natural Resources tripled its far southern Midland Basin oil output in 2025 with new-drill wells and acquisitions from a neighbor, data show.
Recommended For You