Drilling & Completions | Initial Production Rates
Cub Creek Ups 2016 Wattenberg Drilling Program
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More Pad Drilling News
Leucrotta Preps to Drill First Wells at Montney Mica Project
Leucrotta Exploration Inc. reported that it will commence operations of Phase I of the Mica Pad Development mid-July and should be on production by mid to late October.…
Pipestone Energy Fourth Quarter, Full Year 2020 Results
Pipestone Energy Corp. reported its Q4 and full year 2020 results, as well as its latest proved reserve summary. 2020 Reserve Highlights: Pipestone delivered 71% growth in Proved…
Obsidian Ups 2020 Budget to Fund Alberta Cardium Drilling
Obsidian Energy has updated its 2020 capital spending plan due to the re-initiation of our Cardium development program. Obsidian Energy will increase its 2020 capital program by $3.2…
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…
Vista Restarts Vaca Muerta Well Pads; Cuts Costs with New Well Design
In its Q2 presentation, Vista Oil & Gas updated its Vaca Muerta operations, including restarting shut-in wells as well as detailing its new well design. Production Restart The…
Rockies - DJ Basin News
Permian E&P Bucking The Trend; Plan to Increasing Drilling & Fracs in 2026
Occidental’s 2025 U.S. onshore program is centered on the Permian, with ~$3.5B of Permian CapEx and ~$0.8B in the Rockies, totaling ~$4.3B. This supports ~15 net rigs in…
Japex Enters DJ Basin with Acquistion of Verdad
Japan Petroleum Exploration Co., Ltd. (JAPEX) has announced a major expansion into North American shale with a $1.3 billion acquisition of Verdad Resources Intermediate Holdings LLC (VRIH), marking…
PDC Energy, Inc., First Quarter 2023 Results
PDC Energy, Inc., announced first quarter 2023 results. Highlights Net cash from operating activities of approximately $590 million, adjusted cash flows from operations, a non-U.S. GAAP metric defined…
Crescent Energy Company First Quarter 2023 Results
Crescent Energy Company announced first quarter 2023 results. Highlights Reported $256 million of net income and $54 million of Adjusted Net Income(1) Generated $232 million of Adjusted EBITDAX(1)…
Civitas Resources, Inc. First Quarter 2023 Results
Civitas Resources, Inc. announced first quarter 2023 results. Highlights Average daily sales volumes of 159.4 thousand barrels of oil equivalent per day ("MBoe/d"), near the high-end of Company…