PBEX is based in Midland, TX and primarily operates in the Delaware and Midland Basins. Our team of oil and gas professionals have a deep knowledge of the industry across engineering, geology and land that we leverage to develop oil and gas assets.
We are a highly regarded, bonded operator of oil and gas wells in both Texas and New Mexico. We take great care in operating our wells and are proud of the results we achieve. As a bonded operator, we have pledged to execute all operations in accordance with state laws and commision rules. This surety bond guarantees that we follow the strictest guidelines in regards to how we operate our oil and gas wells on a daily basis.
The 2019 acquisition of EGL Resources' assets served as the foundation for PBEX's consolidation efforts in the Delaware Basin. These strategically located assets have provided PBEX with an immense inventory that we are leveraging to facilitate consolidation of its target development prospects.