Halcón Resources Corporation is an independent exploration and production company focused on the development of unconventional oil and natural gas resources in the Permian Basin. The company specializes in the appraisal, drilling, completion and operation of horizontal shale and tight oil wells, with an emphasis on maximizing resource recovery through advanced drilling techniques. Halcón’s operations seek to leverage its acreage position and technical expertise to enhance production efficiency and optimize reservoir performance.
The company’s primary assets are located in the Midland and Delaware sub-basins of West Texas and southeastern New Mexico. Halcón employs pad drilling and multi-stage hydraulic fracturing to develop multiple stacked pay zones, targeting formations such as the Wolfcamp, Spraberry and Bone Spring. This integrated approach allows for flexible capital deployment and the ability to adjust development plans in response to commodity price dynamics and reservoir characteristics.
Halcón Resources also maintains midstream infrastructure to support its upstream operations, including saltwater disposal facilities and gathering systems. These assets provide the company with cost advantages and operational control, helping to streamline production logistics and reduce downtime. By owning and operating its own gathering and disposal systems, Halcón can better manage environmental compliance and site reclamation efforts.
Founded in 2012, Halcón has navigated industry cycles through strategic acquisitions and a focus on disciplined capital management. The company’s leadership team, headed by President and CEO Joseph Rady, draws on decades of experience in shale development and reservoir engineering. Guided by a board of directors with deep ties to the energy sector, Halcón Resources continues to pursue growth opportunities while maintaining a commitment to safety, environmental stewardship and long‐term value creation.
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