Well Lateral Length | Drilling / Well Results | Quarterly / Earnings Reports | Fourth Quarter (4Q) Update | Key Wells | Financial Results | Capital Markets | Drilling Activity
Comstock Touts 27% Production Jump in 2017; 79 Bcfe
Print
|
Comstock reported its Q4 2017 financial and drilling results.
Highlights: Comstock produced 79 Bcfe in the year ended December 31, 2017 compared to 62 Bcfe in 2016 (up +27% YOY) Comstock reported a net loss of $42.3 million or $2.86 per share for the fourth quarter of 2017 as compared to a net loss of $54.9 million or $4.48 per share for the fourth quarter of 2016. During 2017, Comstock spent $178.8 million on its development and exploration activities and drilled 30 horizontal natural gas wells (15.7 net) and had four operated wells (1.5 net) drilling at December 31, 2017. Key Well Results The Derrick 21 #2 well was drilled to vertical depth of 11,957 feet with a 4,549 foot lateral and the Derrick 21 #3 well was drilled to a total vertical depth of 11,942 feet with a 4,552 foot…- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
More Fourth Quarter (4Q) Update News
Apa Corp : Doing More With Less
APA's 2025 narrative was one of operational surprise. The company came in beating production guidance every single quarter while spending below plan, capturing over $300MM in cost savings…
Permian Resources to Grow Production 6% in 2026
Permian Resources exited 2025 as the largest pure-play Delaware Basin operator with ~480,000 net acres and >105,000 net royalty acres. The company averaged 392.6 MBoe/d in 2025, including…
Endeavor Talks 2023 Development Program; Rigs, Frac Crews
Endeavor Energy Resources, announces financial and operating results for the three and twelve months ended December 31, 2022, and provides full-year 2023 outlook. Fourth Quarter 2022 (“4Q22”) Highlights…
Crescent Energy 4Q, Full Year 2022 Results; Maintenance Capital for 2023
Crescent Energy Company announced its financial and operating results for the fourth quarter and full year 2022 as well as its 2023 guidance. 2023 Outlook Crescent's 2023 outlook…
W&T Offshore Fourth Quarter, Full Year 2022 Results; 2023 Guidance
W&T Offshore, Inc. reported operational and financial results for the fourth quarter and full year 2022, including the Company's year-end 2022 reserve report. Guidance for 2023 was also…
Ark-La-Tex - North Louisiana News
Range Resources Second Quarter 2020 Results
Range Resources Corp. announced its second quarter 2020 financial results. Second Quarter Highlights Well costs averaged less than $600 per lateral foot, including facility costs, the lowest in…
Range Adding Two SailingStone-Approved Members to Board; Searches for New EVP
Range Resources and SailingStone Capital Partners LLC, owner of approximately 17% of Range's shares outstanding, today jointly announced that they have entered into an agreement for Range to…
Amplify Energy Hires Two New Execs
Amplify Energy reported that Polly Schott joined the Company as Chief Administrative Officer. In this role she will collaborate with Ken Mariani as President and CEO, the Board…
Chesapeake's Latest Haynesville Activity: Rigs, Production, Drilling
As part of Shale Experts' June update for the Haynesville Shale play, we took a look at Chesapeake's latest activity in the play. In the Haynesville Shale in…
Vine Doubles Haynesville Production; Drilling, Frac and Maps
Vine Oil & Gas June 2018 Haynesville Shale Update. Production Double, New Frac Design