Exploration & Production | Top Story | Quarterly / Earnings Reports | Debt | Fourth Quarter (4Q) Update | Key Wells | IP Rates-24 Hour | Initial Production Rates | Capital Markets | Drilling Activity
Contango IPs Popham #1H Well; Talks 4Q Results
Print
|
Contango Oil & Gas Company reported an operational update for the three months ended December 31, 2015.
Fourth Quarter 2015 Summary Estimated production of approximately 8.0 Bcfe for the quarter (87 Mmcfed; 32% liquids); within guidance Completion of the Popham #1H well in our North Cheyenne prospect, in Weston County, Wyoming, testing at a peak 24-hour maximum rate of 970 BOEPD Year-end debt of $115.4 million, substantially flat with the third quarter outstanding balance Hedged approximately 60% of forecasted PDP natural gas production for 2016 with a floor price of $2.53/mmbtu Received final judgment in our favor on our appeal to the Louisiana Supreme Court on a previously disclosed legal dispute originally filed in Jefferson Davis Parish, LouisianaAllan D. Keel, the Company’s…
- ✓ 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 IP Rates-24 Hour News
Matador Resources First Quarter 2021 Results
Matador Resources Co. reported financial and operating results for the first quarter of 2021. Joseph Wm. Foran, Matador’s Chairman and CEO, commented, “On both our website and the…
Matador Touts Lower Wolfcamp-A IPs at Boros Pad; Hits 4,500 BOEPD (60% Oil)
Matador Resources Co. reported results from its first four Boros wells completed and turned to sales in its Stateline asset area in Eddy County, New Mexico. IP Results…
Today in Completions: DJ Basin Well Hits 1,400 BOEPD IP24 (82% Oil)
Upland Exploration, Inc. has reported a company record IP from its recently completed seven-well pad in the DJ Basin. In Weld County, CO, Upland's Little Lady 22-1NH well…
Permian Basin Well Results - July 15 - 22, 2020
Back by popular demand, our weekly well results. Notable Well Results. HighPeak Energy OLDHAM 38-27 B well pad were somewhat disappointing, where the best well flowed 577 bbls…
Eagle Ford Well Results - July 21 2020
Back by popular demand. Today we resume providing weekly basins well results. You can get access to well results by going here. (requires a subscription)
North America News
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…
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,…
EIA’s “Glut” Calls: The 2025 Surplus Claim — and How 2021–2024 Forecasts Actually Held Up
The “~2.2 MMb/d glut in 2025” framing traces to the EIA’s Short-Term Energy Outlook (STEO), December 2025. EIA doesn’t usually write “glut” in the tables—what they publish is…
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…
United States News
Baytex 2026 Development Plans
Baytex’s 2026 development plan reflects a post–Eagle Ford sale capital program and a sharpened focus on its core Canadian assets. The Company approved 2026 exploration and development expenditures…
Tourmaline: 2026 Capital Program Locked In at $2.9B
Tourmaline’s 2026 exploration and production (EP) program is set at $2.9 billion and targets average production of 690,000–710,000 boepd, with the company maintaining the multi-year EP Plan released…
Advantage Plans $300–$330MM 2026 Capital Program
Advantage’s 2026 development plan centers on Glacier-focused drilling and key midstream work. The company plans total capital spending of $300 million to $330 million and expects production to…
Paramount Targets 42% Higher 2026 Capex, More Duvernay Wells
Paramount Resources is stepping up investment in 2026 as it advances the Willesden Green Duvernay (Central Alberta Region) buildout and launches major infrastructure at Sinclair (Montney). The company…
Birchcliff Targets Higher 2026 Output on Larger Capital Budget
Birchcliff’s updated 2025 plan targets higher production within a tightened capital range, supported by faster cycle times and lower costs. The company increased 2025 annual average production guidance…