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More 2020 Guidance News
Northern Oil Narrows 4Q20 Production Guidance; Updates Hedges
Northern Oil and Gas, Inc. announced a business and operations update. Highlights: Reaffirms mid-point of 4Q20 production guidance and narrows range to 34,000-36,000 Boepd Reiterates 2021 $40+ WTI…
EQT Third Quarter 2020 Results
EQT Corp. announced financial and operational performance results for the third quarter 2020. Third Quarter Highlights: Sales volumes of 366 Bcfe, in-line with guidance, despite 15 Bcf of…
Diamondback Plans 30% Spending Cut for 2021, Flat Output; Gives 2H20 Update
Diamondback Energy Inc. reported an update for the third quarter of 2020 as well as a glimpse of its plans for 2021. 2021 Plans CEO Travis Stice noted…
Crescent Point Ups 2020 Guidance as Production Resumes; Talks 2021 Outlook
Crescent Point Energy Corp. has reactivated production volumes previously shut-in and, as a result, revised its 2020 guidance along with a preliminary outlook for 2021. Highlights: Reactivated shut-in…
Midland E&P Putting Rigs, Frac Crews Back to Work; Bolsters Well Plans
Endeavor Energy Resources LP reported its Q2 2020 results as well as provided an update on its full year 2020 operation plans and outlook. Bolsters 2020 Plan: More…
Rockies 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…
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…
This Operator Will Chop it's 2026 Rig Count From 34 to 24
ConocoPhillips is setting up 2026 as a lower-intensity, more efficient operating year — with the clearest proof coming from the Lower 48 activity reset following the Marathon integration.…
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,…
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…
Bakken Midstream Project shelved; as future growth projects thin
Hess Midstream highlighted continued throughput growth across its Williston Basin (Bakken/Three Forks) systems, signaling higher utilization in gas gathering and processing. For producers, the only forward-looking capacity signal…
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…
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…
Large E&P Adds Second Completions Crew and Accelerates 4-Mile Lateral Program
Chord Energy extended its 2025 execution streak in 3Q25, delivering oil volumes above the midpoint of guidance while keeping E&P and other capital spending below the midpoint. The…