Vision Oil Acquires 434 Wells in Permian and Anadarko Basins, Marking First Expansion into Mid-Continent Operations

en.Wedoany.com Reported - Vision Oil and Gas, headquartered in Midland, USA, recently announced that the company is expanding its operational footprint in the Mid-Continent region of the United States through a series of acquisition activities, focusing on the Permian and Anadarko basins. Through six transactions, Vision Oil and Gas is acquiring 114 oil wells in Cochran, Mitchell, Reeves, Reagan, and Ward counties in West Texas, while also acquiring 320 oil wells in the Anadarko Basin. Vision describes this as "the company's first major investment outside the Permian Basin."

According to Vision Oil and Gas, over 90% of these Anadarko Basin wells were previously shut down by BP or Range Resources. The company expects a stable daily production of 10,000 to 15,000 thousand cubic feet (Mcf) after reactivating the fields. In the Permian Basin, the acquired wells currently produce 35 barrels of oil per day, but the company plans to increase production to 150–200 barrels per day through well intervention and cleanup operations to optimize production benefits.

Since June 2025, Vision Oil and Gas has completed a total of 14 acquisitions, bringing the company's total well count to 1,062. These acquisitions not only strengthen the company's asset portfolio in the Permian and Anadarko basins but also demonstrate its ongoing growth strategy in the oil and gas industry.

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