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More Production Restart News
ConocoPhillips Restores Production; Resume BuyBacks
ConocoPhillips provided some guidance on its 3Q 2020 operational resuts. The company is expecting production to increase to 1060 Mboe/d (mid-point of the guidance) which is up +8%…
Gran Tierra Resumes Production, Operations as Oil Price Improves
Gran Tierra Energy Inc. has resumed production after its curtailments earlier this year. The company also updated its recent operations. Production Restart During September 1-21, 2020, production has…
GOM Operators Restart Production, Assess Damage in Wake of Hurricane Sally
Companies operations in the Gulf of Mexico and along the US Gulf Coast are in the midst of restarting production and assessing damage following the landfall of Hurricane…
Crescent Point Ups 2020 Guidance as Production Resumes; Talks 2021 Outlook
Crescent Point Energy Corp. has reactivated production volumes previously shut-in and, as a result, revised its 2020 guidance along with a preliminary outlook for 2021. Highlights: Reactivated shut-in…
Gear Energy Turns on Taps After Curtailing Production by 80% in May
Gear Energy Ltd. reported updates to current and future expected operations. Puts Restricted Production Back Online With recent improvement in oil prices, Gear has initiated a gradual production…
Mid-Continent News
Why $90 Oil Isn’t Bringing Back the Rigs
Higher oil prices are not translating cleanly into a drilling response across U.S. shale, and company disclosures are starting to show why. The issue is not simply capital…
Q1 A&D Transactions Jump to $30B , While Deal Flow Was Down 40%
The first quarter of 2026 has officially defined the "Barbell Era" of American oil and gas. While the total number of deals plummeted by 46% YoY (dropping to…
Wright to U.S. Oil Industry: The Price Signal Is Telling You to Drill
Energy Secretary Chris Wright stood in front of the largest gathering of oil executives in the world this morning and delivered a message that was equal parts market…
This Operator Will Chop it's 2026 Rig Count From 34 to 24
ConocoPhillips is setting up 2026 as a lower-intensity, more efficient operating year — with the clearest proof coming from the Lower 48 activity reset following the Marathon integration.…
A Quiet Capital Pattern Is Forming in North American Upstream — and Almost No One Is Talking About It
A handful of recent transactions and capital raises point to a subtle pattern in North American upstream—one that is easy to miss because each event, on its own,…
Rockies News
Permian E&P Bucking The Trend; Plan to Increasing Drilling & Fracs in 2026
Occidental’s 2025 U.S. onshore program is centered on the Permian, with ~$3.5B of Permian CapEx and ~$0.8B in the Rockies, totaling ~$4.3B. This supports ~15 net rigs in…
Bakken Midstream Project shelved; as future growth projects thin
Hess Midstream highlighted continued throughput growth across its Williston Basin (Bakken/Three Forks) systems, signaling higher utilization in gas gathering and processing. For producers, the only forward-looking capacity signal…
Japex Enters DJ Basin with Acquistion of Verdad
Japan Petroleum Exploration Co., Ltd. (JAPEX) has announced a major expansion into North American shale with a $1.3 billion acquisition of Verdad Resources Intermediate Holdings LLC (VRIH), marking…
Dallas Fed Energy Survey: What Oil and Gas Executives Are Really Saying
The latest Dallas Fed Energy Survey shows a U.S. oil and gas industry that is not collapsing—but is clearly constrained. Executives are operating in a defensive posture, focused…
Large E&P Adds Second Completions Crew and Accelerates 4-Mile Lateral Program
Chord Energy extended its 2025 execution streak in 3Q25, delivering oil volumes above the midpoint of guidance while keeping E&P and other capital spending below the midpoint. The…