More Downspacing News

Range Talks New Strategy to Preserve Capital; 2019 Development Plan
Range Resources reported its Q2 2019 results. Below is a look at some key information. Based on the data, you can see that Range has been very careful…

Abraxas Beating Type Curves at Bakken, Delaware Basin Well Pads; Talks Production
Abraxas Petroleum reported its Q2 2018 results. Williston Basin - Exceeding Type Curve by 55% Yellowstone Pad On the Yellowstone NE Central pad, three wells, one in the…

Range's Marcellus Downspacing, Added Frac Stages Pays Off; Cotton Valley Output Down -25%
Range Resources reported its second quarter 2018 financial results. Highlights: - Production averaged a record 2,200 Mmcfe per day (up +13% YOY and flat from 1Q18) Liquids production…

Abraxas' Output Up Nearly +20% from Last Quarter; Talks Wolfcamp, Bakken Drilling
Abraxas Petroleum reported its Q1 2018 results including production and drilling activity at its Permian Basin / Delaware Basin Wolfcamp Shale and North Dakota Williston Basin Bakken/Three Forks…

Abraxas Talks Q4 Production, Drilling Activity; Wolfcamp Downspacing
Abraxas reported its Q4 and full year 2017 results. Highlights: Production of 2.7 MMBoe (7,391 Boepd) Revenue of $86.3 million Net income of $16.0 million, or $0.10 per…
Mid-Continent - Anadarko Basin News

Comstock to Acquire Assets from Ovation Energy For $62.5 Million
Comstock Resources agreed to acquire substantially all of the assets of Ovation Energy, L.P. for $62.5 million, expanding its producing footprint across multiple U.S. natural gas basins. The…

Devon Energy Corp. First Quarter 2023 Results
Devon Energy Corp., announced first quarter 2023 results. Highlights Oil production reached an all-time high of 320,000 barrels per day in the first quarter Capital activity headlined by…

SandRidge Energy, Inc., First Quarter 2023 Results
SandRidge Energy, Inc., announced first quarter 2023 results. Highlights First quarter net income was $23.8 million, or $0.64 per basic share. Adjusted net income(1) was $25.7 million, or…

PHX Minerals Inc., First Quarter 2023 Results
PHX Minerals Inc., announced first quarter 2023 results. Highlights Net income was $9.6 million, or $0.27 per share, compared to net income of $3.3 million, or $0.09 per…

Coterra Energy Inc., First Quarter 2023 Results
Coterra Energy Inc., announced first quarter 2023 results. Highlights Net Income (GAAP) totaled $677 million, or $0.88 per share. Adjusted Net Income (non-GAAP) was $661 million, or $0.87…
