Quarterly / Earnings Reports | Fourth Quarter (4Q) Update | Financial Results | Forecast - Production | Capital Markets | Capital Expenditure | Drilling Program-Rig Count | Capital Expenditure - 2018
Chesapeake Chops Budget -12% for 2018; Expects Mere +3% Production Growth
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Chesapeake reported its 2018 plans as well as its Q4 2017 results.
2018 Plans- 2018 Capex: $1.975 - $2.375 billion (down -12% compared to 2017 levels)
- 2018 Production: ~564,200 BOEPD* (up +3% compared to 547,800 BOEPD at year-end 2017)
Total 2018 production, adjusted for asset sales, expected to grow approximately 3% YOY, using midpoint; oil volumes adjusted for asset sales, expected to grow by approximately 5%compared to 2017 levels, using midpoint* This is an estimate as Chesapeake did not provide production guidance
- 14 Rigs Running
Powder River: Ramp up to 4 rigs in 1H 2018 South Texas: Continue 4 rig program Haynesville/Bossier: 3 rigs Appalachia South: 2 rigs Mid-Con: 1 rig focused on Oswego formation Q4 2017 Highlights Average 2017 production of approximately 547,800…- ✓ Full news archive — U.S., Canada & international coverage
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More Capital Expenditure - 2018 News
Range Resources Spends $20MM Less than Expected in 2018
Range Resources announced that 2018 capital spending is currently estimated to be approximately $20 million below the $941 million budgeted for the year. The Company's 2018 program was…
Canada Well Forecast for 2019 Will Fall 20% Year over Year
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QEP Ups 2018 Capex for More Permian Wells, Williston Refracs; Minimal Output Growth
QEP Resources reported its Q3 2018 results. Increases 2018 Capex for Permian Wells, Williston Refracs Increased full year 2018 capital expenditure guidance by 4% at the midpoint to…
Approach Defers Completion in Q3; Will Spend Less than Expected in 2018
Approach Resources reported third quarter 2018 financial and operational results. Defers Q3 Completions; Capex Will be -21% Below Midpoint of Original Budget - Q3 Production of 1,043 MBoe…
SRC IDs 22% YOY Output Growth in Q3; Adds Second Completion Crew, Ups Capex
SRC Energy Inc. has detailed its preliminary Q3 2018 operating results and recent well activity. Production Summary Production is up +22% YOY at 49.2 MBOEPD and up +3%…
Ark-La-Tex - North Louisiana News
Why $90 Oil Isn’t Bringing Back the Rigs
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Q1 A&D Transactions Jump to $30B , While Deal Flow Was Down 40%
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Ascent Resources 2026: A Quiet Growth Story for Oilfield Services
Ascent Resources may not be making headlines with rig additions or dramatic well count increases, but a closer read of their March 2026 investor presentation — compared against…
Infinity Closes $1.2B Utica Upstream & Midstream Deal
Infinity Natural Resources has completed its $1.2 billion acquisition of upstream and midstream assets in the Ohio Utica Shale from Antero Resources and Antero Midstream, according to company disclosures…
Antero Resources Completes $2.8B Marcellus Expansion
Antero Resources Completes $2.8B Marcellus Expansion Antero Resources has completed the previously announced acquisition of upstream assets from HG Energy II, LLC, significantly expanding its core position in…
Gulf Coast - South Texas News
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…
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…
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,…
Ascent is quietly setting the Utica productivity curve
For most of the last few years, the Utica story has been about discipline: fewer rigs, fewer headlines, and steady execution from a handful of operators who know…
Kimmeridge Offers $6 Billion for Ascent Resources: A Bid Lands in the Middle of a High-Stakes Sponsor Dispute
What happened Kimmeridge Energy Management has submitted a $6 billion offer to buy Ascent Resources, the privately held U.S. natural gas producer that is controlled by private equity…