• Abraxas Petroleum Corp. ( NYSE: AXAS )

Permitting Activity


March 17,2022 : Abraxas Petroleum Corp. Permitted the CAPRITO 98-83 UNIT 104H Horizontal well in Ward,TX : Permian Basin,Delaware Basin
March 17,2022 : Abraxas Petroleum Corp. Permitted the CAPRITO 98-83 UNIT 204H Horizontal well in Ward,TX : Permian Basin,Delaware Basin
February 24,2020 : Abraxas Petroleum Corp. Permitted the WOODBERRY 3 204H Horizontal well in Ward,TX : Permian Basin,Delaware Basin
February 24,2020 : Abraxas Petroleum Corp. Permitted the WOODBERRY 3 205H Horizontal well in Ward,TX : Permian Basin,Delaware Basin
January 22,2020 : Abraxas Petroleum Corp. Permitted the GREASEWOOD 95 204H Horizontal well in Ward,TX : Permian Basin,Delaware Basin
Click here for More Permits Activity

Completion Activity / Well Results


August 25,2021 : Abraxas Petroleum Corp. completed the MUSTANG 3H well in Mcmullen,TX using Hybrid Frac. The Well flowed 1,441 boe/d which consists of 1,102 Oil BOPD and 1.968 MMcf of gas on a 4,430 foot lateral .
August 25,2021 : Abraxas Petroleum Corp. completed the GRAN TORINO A 11H well in Mcmullen,TX with 4 Million lbs of proppant using Hybrid Frac. The Well flowed 669 boe/d which consists of 216 Oil BOPD and 2,628 Mcf of gas on a 3,360 foot lateral .
August 25,2021 : Abraxas Petroleum Corp. completed the GRAN TORINO A 1H well in Mcmullen,TX using Hybrid Frac. The Well flowed 577 boe/d which consists of 204 Oil BOPD and 2.163 MMcf of gas on a 4,695 foot lateral .
August 25,2021 : Abraxas Petroleum Corp. completed the MUSTANG 1H well in Mcmullen,TX . The Well flowed 593 boe/d which consists of 204 Oil BOPD and 2.256 MMcf of gas on a 4,284 foot lateral .
February 05,2020 : Abraxas Petroleum Corp. completed the GREASEWOOD 104H well in Ward,TX using Slick Water Frac. The Well flowed 749 boe/d which consists of 629 Oil BOPD and 0.695 MMcf of gas on a 4,760 foot lateral .
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Latest News & Activity




Deals - Abraxas Petroleum Corp. Acquisitions


Announce Date Price($MM) Region/Basin Headline
Jan-31-2018 Permian - Delaware Basin  Abraxas Quietly Acquires Delaware Basin Acreage for $14.2MM
Jul-14-2017 Permian - Delaware Basin  Abraxas Acquries Delaware Basin Acres in Cash/Stock/Trade Deal
May-23-2017 Permian - Delaware Basin  Abraxas Bolts-On Ward Property for $22 Million
Total
More Deals...


Deals - Abraxas Petroleum Corp. Divestiture(s)


Announce Date Price($MM) Region/Basin Headline
Jan-03-2022 Williston Basin  Abraxas Sells Williston Portfolio to Lime Rock for $87.2MM in Cash
Oct-03-2019 Gulf Coast - South Texas,Permian - Delaware Basin  Abraxas Sells Two Texas Assets in Dual Deals Totaling $7.9MM
Jun-05-2019 Williston Basin  Abraxas Sells Non-Op Bakken Property for $15.5MM
Total
More Deals...


Capital Raised


Announced DateAmount($MM) Type Headline
Nov-15-2019 Debt Abraxas Takes Out $100MM Loan to Repay Existing Debt
Jan-19-2017 Equity-Stock-Sales Abraxas Taps Equity Markets for $60 Million
May-20-2016 Equity-Stock-Sales Abraxas Prices Latest Stock Offering at $25 Million
Total
More Financing...


About


Abraxas Petroleum Corporation, an independent energy company, engages in the acquisition, development, exploration, and production of oil and gas in the United States and Canada Its oil and gas assets are primarily located in the Rocky Mountain, Mid-Continent, Permian Basin, and Gulf Coast regions of the United States, as well as in the province of Alberta, Canada As of the same date, it owned interests in 143,606 net acres; and operated 1,307 wells The company was founded in 1977 and is based in San Antonio, Texas

18803 Meisner Drive
San Antonio TX 78258
Phone Number
210 490 4788




 Drilling Activity ( Jan 2017 - Mar 2024)
Basin
CENTRAL BASIN PLATFORM
DELAWARE BASIN
GULF COAST BASIN
WILLISTON BASIN

Personnel (12 people)

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Chief Accounting Officer
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Manager Human Resources
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Senior Operations Engineer
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Senior Geologist
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Chief Financial Officer
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Senior Operations Engineer
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Regional Operations Manager
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Vice President - Exploration
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Vice President - Engineering
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President & CEO
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Frist Name Last Name Title Email Phone
Bill Krog Chief Accounting Officer 210-757-9832
Carol J Obrien Manager Human Resources 210-757-9875
Don Anderson Senior Operations Engineer danderson@abraxaspetroleum.com 210-757-9837
Doug Draves Senior Geologist ddraves@abraxaspetroleum.com 210-918-6640
Geoff King Chief Financial Officer gking@abraxaspetroleum.com 210-757-9835
Jeff Marshall Senior Operations Engineer 210-757-9862
Kenny Johnson Regional Operations Manager kjohnson@abraxaspetroleum.com 210-757-9868
Lee T Billingsley Vice President - Exploration lbillingsley@abraxaspetroleum.com 210-757-9865
Peter Bommer Vice President - Engineering pbommer@abraxaspetroleum.com 210-757-9872
Robert L G Watson President & CEO rwatson@abraxaspetroleum.com 210-757-9850
Tod Clarke Senior Land Manager tclarke@abraxaspetroleum.com 210-757-9846
Will Wallace VP Operations wwallace@abraxaspetroleum.com 210-757-9840

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 Company Divestiture

Announce Date Buyer$MMTypePlay/LocationDetails
Jan-03-2022 Property Bakken Shale & Three Forks 
Oct-03-2019 Property Delaware Basin,Eagle Ford Shale 
Jun-05-2019 Property Bakken Shale & Three Forks 


 Company Acquisitions

Announce DateSeller$MMTypePlay/LocationDetails
Jan-31-2018 Acreage Delaware Basin 
Jul-14-2017 Property Delaware Basin 
May-23-2017 Property Delaware Basin 
No Results found

Abraxas Spuds First Austin Chalk Well as JV Partner Drops Out

June 21,2016
Abraxas recently elected to terminate discussions with the previously disclosed potential joint venture candidate...

Abraxas Ups Ante in Bakken Project; Preps for Eagle Ford Frac

May 04,2015
The company also reaffirmed its borrowing base and updated its 2015 guidance.

Abraxas Lowers Spending, Delaying Completions

February 24,2015
May delay completions until service costs and commodity prices justify sufficient return on capital.

The Bakken/Three Forks in 2015: Budgets & Hedges

February 10,2015
Part IV of our "Budgets & Hedges" feature series is focused on the Bakken/Three Forks play. Eight companies' 2015 budgets and hedge positions (if available) are detailed.

The Eagle Ford in 2015: Budgets & Hedges

February 04,2015
As oil prices slip, spending is being cut by operators across many plays. However, a number of companies in the Eagle Ford Shale are devoting more capital to the play than in 2014.

Abraxas Tags 30-Day IPs at Bakken, Eagle Ford Projects

February 03,2015
At Abraxas’ Jourdanton prospect in Atascosa County, Texas, the Cat Eye 1H averaged 491 boepd and at its North Fork prospect, the Stenehjem 3H produced...

Abraxas Planning 2015 Budget Boost; Eagle Ford Focus

November 10,2014
Abraxas Petroleum Corporation reported a 2014 guidance update and announces 2015 guidance and capital budget.

Powder River Turn-Around: Companies Double Production in Wyoming

November 05,2014
Powder River Basin in eastern Wyoming has experienced a boom in production.

Abraxas' Oil-Weighted Ops Balance Out Tough Quarter

August 06,2014
Net income for the three months ended June 30, 2014 was $3.0 million, or $0.03 per share.

Abraxas Completes 49-Stage Frac in Eagle Ford; Hits Bakken Snag

August 04,2014
Bob Watson, President and CEO, commented, "Our well performance continues to meaningfully surpass our expectations."

Abraxas' Bakken Jore Federal 1H Hits 1,037 BOE/d

July 09,2014
Abraxas owns a working interest of approximately 76%, 51% and 73% in the Jore Federal, Ravin West and Stenehjem wells, respectively.

Abraxas Cases Eagle Ford Lateral; Flows Dutch 1H to Sales

July 09,2014
Abraxas Petroleum Corporation has recently drilled and cased the lateral of the Ribeye 1H at 14,983 feet in the Eagle Ford.

Abraxas Ramps Up Eagle Ford Activity

June 13,2014
Stephens Inc., Canaccord Genuity Inc. and Robert W. Baird & Co. Inc. are acting as joint book-runners in the offering.

Abraxas Details Cave Well in Eagle Ford

June 06,2014
Abraxas Petroleum detailed Eagle Ford operations in the latest investor presentation.

Abraxas to Ramp Up Eagle Ford Spending; Drill Three More Wells

June 05,2014
Bob Watson, President and CEO, commented, "We recently elected to capitalize on the success of our Eagle Ford program by increasing our capital budget to $160 million."

Abraxas IPs Eagle Ford Wells; Talks 99-Stage Bakken Frac

June 05,2014
Additionally, Abraxas’ board of directors recently elected to increase our 2014 capital budget to $160 million.

Abraxas Surpasses 1Q Guidance; Tags 4,189 BOE/d

May 08,2014
Adjusted net income, excluding certain non-cash items and inclusive of Raven Drilling of $6.3 million, or $0.07 per share.

Abraxas Preps to Frac Bakken Wells; Details Eagle Ford Results

April 04,2014
Abraxas Petroleum Corporation has reported the following operational update on its Eagle Ford and Bakken projects.

Abraxas Details Eagle Ford Shale Well IPs

March 12,2014
At Abraxas’ Cave prospect, in McMullen County, Texas, the company recently completed the Dutch 2H with a 36 stage stimulation. The well....

Abraxas Touts 'Iron Clad Balance Sheet' Going into 2014

February 21,2014
Bob Watson, President & CEO, commented: "Looking forward, Abraxas now has an iron clad balance sheet, a larger, more focused and profitable reserve and production base and a plethora of low risk, high rate of return development opportunities."