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More Drilling Program - Wells Plan To Drill 2017 News
Permian Operator to Double 2018 CapEx, Grow Oil Production 20%
Here is a quick read through of Earthstone's 2018 drilling and completion plans. The table below shows that the company plan to grow its oil and equivalent production…
Samson Resources II Talks 5 Well Green River Basin Drilling Program
Samson Resources II, who recently emerged from bankruptcy, is launching a 5 well drilling program in Sweetwater county, Wyoming (The Green River Basin). The company believes it will…
Operator to Reduce Permian/Eagle Ford Activity in 2H17
EP Energy released its Q2 results and as a result of the volatilty in oil prices, the company has decided to reduce its activity for 2H17. Increased production…
Contango Increases 2017 Capital Plans; Delaware Basin Drilling
Contango has released its 2Q 17 financial and operational updates. Highlights include: Crude oil and natural gas liquids production was ~3,100 boe/d, 32% of total production. Natural gas…
Whitecap 64 Well Drilling Program Unchanged; Complete DUCs
Whitecap currently has 4 drilling rigs operational; 2 in west central Saskatchewan, 1 in southwest Saskatchewan and 1 in the Deep Basin area of Alberta. We anticipate drilling…
Rockies - DJ Basin 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…
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…
PDC Energy, Inc., First Quarter 2023 Results
PDC Energy, Inc., announced first quarter 2023 results. Highlights Net cash from operating activities of approximately $590 million, adjusted cash flows from operations, a non-U.S. GAAP metric defined…
Crescent Energy Company First Quarter 2023 Results
Crescent Energy Company announced first quarter 2023 results. Highlights Reported $256 million of net income and $54 million of Adjusted Net Income(1) Generated $232 million of Adjusted EBITDAX(1)…
Civitas Resources, Inc. First Quarter 2023 Results
Civitas Resources, Inc. announced first quarter 2023 results. Highlights Average daily sales volumes of 159.4 thousand barrels of oil equivalent per day ("MBoe/d"), near the high-end of Company…