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More Capital Expenditure - 2020 News
Diamondback Drill & Complete 456 Wells with $4 Billion Capex IN 2025
Diamondback provided the following 2025 gudiance. 2025 Guidance & Strategy: Production & CapEx: Oil Production: 485 – 498 MBO/d (883 – 909 MBOE/d total) CapEx: $3.8B – $4.2B…
Operator Ramps Up 2022 Permian Spending by 65%; Nine Rigs, 315 Completions
Occidental Petroleum detailed its 2022 capital plan and guidance. 2022 Plan - Capex: $3.9-4.3 billion - up 43% vs. 2021 Oil and Gas D&C: $3.2-3.4 billion - up…
EQT Details 2022 Guidance: Spending, Rigs, Frac Crews, Wells
EQT Corp. announced financial and operational guidance for 2022. 2022 Plans - Capex: $1.3-1.45 billion - up 25% vs. 2021 D&C: $1.01-1.11 billion Leasehold, Land: $110-130 million Other:…
Berry Corp. Fourth Quarter, Full Year 2020 Results
Berry Corp. reported its Q4 and full year 2020 results. Berry reported fourth quarter and full-year 2020 results. For the full year Berry's net loss was $263 million,…
Pioneer Focusing on Midland Ops for 2021, Capex Flat YOY; Talks 2020 Results
Pioneer Natural Resources Co. reported its 2021 capital plan and Q4/full year 2020 results. 2021 Plan - Capex: $2.5-2.8 billion - relatively flat vs. Parsley/Pioneer combined 2020 spending…
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…
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…
Western Canada Upstream M&A: Q1 2026 Transaction Report
Western Canadian M&A activity in Q1 2026 was characterized by a 87% decrease in total deal value compared to Q1 2025, totaling $0.8 billion C$. However, transaction volume…
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…
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…
North America News
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…
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,…
Whitecap Details 2026 Duvernay & Montney Program
Whitecap Resources reported strong third quarter 2025 operating and financial results, marking its first full quarter following the strategic combination with Veren that closed on May 12, 2025.…
ARC Resources: Lower 2026 Capex, Higher Volumes
ARC Resources used its third quarter update to reinforce a familiar message to Canadian E&P executives: disciplined capital, structurally better market access, and a growing shareholder return program…