Leonard Shale - Leonard Shale Map - Leonard Oil Formation

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Leonard Shale Formation - Texas / New Mexico - Natural Gas & Oil Field

Leonard Shale Counties

Leonard Shale - Texas

Andrews County, TX - Loving County, TX - Winkler County, TX - Yoakum County, TX

Leonard Shale - New Mexico

Eddy County, NM - Lea County, NM

What is the Leonard Shale?  The Leonard Shale is an Oil & Gas field located in New Mexico & Texas and is part of the Permian Basin.  The Leonard Shale is the same as the Avalon Shale but is given It's name because of the age of the shale rock, Leonardian in age.  There are many companies that will reference the Leonard Shale and there are many companies that will reference the Avalon Shale.  Check out my Avalon Shale page for company updates.

There is massive activity going on right now in the Permian Basin and the Leonard Shale is heating up in New Mexico.  Eddy County New Mexico, Chaves County New Mexico, and Lea County New Mexico are seeing the most action but as this oil shale play develops, I think we will see it extend into additional counties.

The Permian Basin is made up of the Spraberry Trend, The Wolfcamp Shale, the Bone Spring Shale, and the Avalon & Leonard Shale.

New Technology such as Horizontal Drilling and various new Frac techniques are enabling oil & natural gas companies to reach more zones efficiently which is why we are seeing so many areas discovered.  Higher oil prices are causing companies to explore every possible zone on their acreage.

Leonard Shale Map
Leonard Shale Map
Same as Avalon Shale

Companies Drilling in the Leonard Shale - Leonard Shale Stocks

EOG Resources Inc. (EOG) - In the New Mexico Leonard Shale, EOG reported drilling success from Lea County with the Caballo 23 Fed #4H and #6H. The wells, in which EOG has 86 percent working interest, initially produced at 932 and 750 Bopd with 116 and 99 Bpd of NGLs and 636 and 545 Mcfd of natural gas, respectively. During 2012, EOG is positioned to increase its drilling activity in the Leonard Shale with a year-long two-rig program.