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More Drilling Program News
PDC Energy's 69-Well Kenosha Project Approved by COGCC
PDC Energy Inc. reported that the Colorado Oil and Gas Conservation Commission (COGCC) approved the Company's Kenosha Oil & Gas Development Plan (OGDP) permit application. The Kenosha OGDP,…
EQT 2021 Development Program - Wells Frac, and Production
EQT provided updated sides outlining its 2021 development program.
Bakken Operator to Drill & Complete 210 Wells in 2021
Continental Resources provided a glimpse into its 2021 development program. Rigs: The program calls for 7 rigs in the Bakken and 4 Rigs in the STACK/SCOOP. Well Program:…
MEG Energy Accelerates Spending 73% for 2021 to $260 Million
MEG Energy Corp. has reported its 2021 capital investment plan. Its 2021 program is designed to be fully funded within 2021 cash flow at a full year average…
Permian E&P Reactivates Two Rigs, Two Frac Crews for Remainder of 2020
Parsley Energy provided an update to the remainder of 2020 drilling and completion activity, which includes an increase to rig and frac crew counts. The company said: "In…
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…