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More Capital Expenditure - 2021 News
Pine Cliff Energy Ups Spending, Production Plans by 10% for 2022
Pine Cliff Energy Ltd. reported its 2022 capital plan, 2021 year-end reserves and an operations update. 2022 Guidance - Capex: $25.5 million - up 10% vs. 2021 $9.6…
Whitecap Resources Unveils 2022 Budget; Up 12% vs. 2021
Whitecap Resources Inc. has unveiled its 2022 budget, an accelerated fourth quarter 2021 capital program and 38% increase to its dividend. The company plans to spend 12% more…
Southwestern Closes Acquisition of Indigo Natural Resources; Ups Capex
Southwestern Energy Co. has closed the $2.7B acquisition of Indigo Natural Resources. The acquisition adds 149,000 net acres and 1,000 drilling locations in the Haynesville to Southwestern's portfolio.…
Altura Energy First Quarter 2021 Results
Altura Energy Inc. reported its Q1 2021 results. First Quarter Review In the quarter, Altura completed its 102/16-14-049-26W4 Rex horizontal well (“16-14”) (89% working interest) that was drilled…
Razor Energy Corp. First Quarter 2021 Results
Razor Energy Corp. reported its Q1 2021 results. Q1 2021 Highlights: Financing: The Company renewed the Amended Term Facility with AIMCo (the “AIMCo Term Loan”) on February 16,…
Northeast 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…
Ascent Resources 2026: A Quiet Growth Story for Oilfield Services
Ascent Resources may not be making headlines with rig additions or dramatic well count increases, but a closer read of their March 2026 investor presentation — compared against…
Infinity Closes $1.2B Utica Upstream & Midstream Deal
Infinity Natural Resources has completed its $1.2 billion acquisition of upstream and midstream assets in the Ohio Utica Shale from Antero Resources and Antero Midstream, according to company disclosures…
Antero Resources Completes $2.8B Marcellus Expansion
Antero Resources Completes $2.8B Marcellus Expansion Antero Resources has completed the previously announced acquisition of upstream assets from HG Energy II, LLC, significantly expanding its core position in…
Northeast - Appalachia News
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,…
Ascent is quietly setting the Utica productivity curve
For most of the last few years, the Utica story has been about discipline: fewer rigs, fewer headlines, and steady execution from a handful of operators who know…
Kimmeridge Offers $6 Billion for Ascent Resources: A Bid Lands in the Middle of a High-Stakes Sponsor Dispute
What happened Kimmeridge Energy Management has submitted a $6 billion offer to buy Ascent Resources, the privately held U.S. natural gas producer that is controlled by private equity…
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…
Infinity and NOG Buy Antero's Ohio Utica Assets for $1.2B: A Vertical-Integration Utica Power Move
Infinity Natural Resources (NYSE: INR) is making a statement in Appalachia. On December 5, 2025, Infinity announced it has signed agreements to acquire a package of upstream and…