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More Capital Expenditure - 2019 News
Karve Energy's Production Moves Upward After Q2 Lull; Talks Drilling Program
Private Canadian E&P Karve Energy has detailed its 2019 drilling program. The company is focused on the Viking play. 2019 Program Capex: $80 million - reduced from $99…
Extraction Cuts 2019 Capex 15%; IDs 2020 Plans, Q3 Results
Extraction Oil & Gas, Inc. reported its Q3 2019 results and preliminary 2020 outlook. Preliminary 2020 Guidance Highlights - $510 - $580 million capital budget, including $450 -…
Pioneer Production Posts Growth, Oil Mix Steady; Cuts Permian D&C Capital for 2019
Pioneer Natural Resources Co. reported its Q3 2019 results and below are the highlights. Highlights: Total Production up +5% sequentially (350,725 boe/d), and up +9% year over year…
QEP Touts Less Capex, More Wells, More Production
QEP Resources reported it's 3rd quarter results, and here is a quick read. 1. Reduced capital expenditure guidance by $65 million 2. Production continues to grow, up 9%…
Range Reduces Capital Budget; Well Count Unchanged
Range Resources has announced its third quarter 2019 financial results. Shale Experts comments and observations: Production was only down -2% sequentially -1% year over year. Basically you could…
Gulf Coast 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…
These Three Companies Will Increase Drilling & Completion Over The Next 3 Year
In the span of fifteen months, three Japanese energy companies committed more than $10.3 billion to U.S. natural gas production assets — a buying spree that has transferred…
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…
Apa Corp : Doing More With Less
APA's 2025 narrative was one of operational surprise. The company came in beating production guidance every single quarter while spending below plan, capturing over $300MM in cost savings…
Gulf Coast - South Texas News
Permian Resources to Grow Production 6% in 2026
Permian Resources exited 2025 as the largest pure-play Delaware Basin operator with ~480,000 net acres and >105,000 net royalty acres. The company averaged 392.6 MBoe/d in 2025, including…
Battalion Oil Closes ~$60M West Quito Draw Asset Sale
Battalion Oil Corporation has closed the sale of its West Quito Draw assets in the Southern Delaware Basin to MCM Delaware Resources LLC, a subsidiary of MCM Energy…
Deal Rumor: ConocoPhillips Exploring $2B Permian Asset Sale
ConocoPhillips is reportedly exploring the potential sale of certain Permian Basin assets in a transaction valued at approximately $2 billion, according to Reuters, citing sources familiar with the…
An Eagle Ford Team That Cashed Out Is Back for Another Cycle
Houston — January 15, 2026 — Lime Rock Partners, a Houston-based private investment firm specializing in upstream oil and gas, has completed an equity commitment to Athena Energy…
Silver Hill Expands South Texas Footprint with Acquisition of 1776 Energy Assets
Silver Hill Energy Partners has acquired 100 percent of 1776 Energy’s South Texas oil and gas assets, significantly expanding its operated footprint across the Eagle Ford and Austin…