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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 of Mexico News
Harbour Energy Strikes $3.2B Deal to Buy LLOG, New Core Business
December 2025 — Harbour Energy plc has agreed to acquire 100% of LLOG Exploration Company LLC for $3.2 billion, marking a strategic entry into the deepwater U.S. Gulf…
Harbour Energy Enters U.S. Deepwater With $3.2B LLOG Acquisition
Harbour Energy has agreed to acquire LLOG Exploration Company LLC for $3.2 billion, marking Harbour’s strategic entry into the deepwater U.S. Gulf of America and establishing what it…
APA Corporation First Quarter 2023 Results
APA Corporation announced first quarter 2023 results. Highlights Reported production of 394,000 barrels of oil equivalent (BOE) per day; adjusted production, which excludes Egypt noncontrolling interest and tax…
Evolution Petroleum Corporation Fiscal Third Quarter 2023 Results
Evolution Petroleum Corporation announced fiscal third quarter 2023 results. Highlights Reported sequential growth in revenue of 9% to a record $36.9 million and in net income of 34%…
W&T Offshore, Inc., First Quarter 2023 Results
W&T Offshore, Inc., announced first quarter 2023 results. Highlights Reported first quarter 2023 production of 32.5 thousand barrels of oil equivalent per day ("MBoe/d") (56% liquids), or 2.9…
Offshore News
Talos Energy Inc. First Quarter 2023 Results
Talos Energy, Inc.announced first quarter 2023 results. Highlights Authorized a $100.0 million share repurchase program in March 2023 and repurchased 1.9 million shares through the end of the…
Kosmos Energy Ltd. First Quarter 2023 Results
Kosmos Energy Ltd. announced first quarter 2023 results. Highlights Net Production(2): ~58,800 barrels of oil equivalent per day (boepd), with sales of ~61,100 boepd Revenues: $394 million, or…
Marathon Oil Corporation First Quarter 2023 Results
Marathon Oil Corporation First Quarter 2023 Results Highlights Continued delivery against differentiated Return of Capital Framework, exceeding commitment to return at least 40% of adjusted CFO to shareholders…
Murphy Oil Corporation First Quarter 2023 Results
Murphy Oil Corporation announced first quarter 2023 results. Highlights Exceeded upper end of guidance range with production of 172.5 thousand barrels of oil equivalent per day (MBOEPD), including…
Hess Corporation First Quarter 2023 Results
Hess Corp. announced its first quarter 2023 results. Highlights Net income was $346 million, or $1.13 per share, compared with net income of $417 million, or $1.34 per…