More Well Cost - Drilling News

GulfSlope Energy Hits Snag at GOM Tau Well
GulfSlope Energy, Inc. announced that the Company’s “Tau Prospect” well has drilled through approximately 7,000 feet of salt where high pressures and hydrocarbons near the base of salt…

Yangarra Reports Exit Production of 5,750 BOEPD; Plans 22 Wells for 2018
Yangarra announced its end of year operational update and its preliminary 2018 plans.The company exited with an average production of 5,750 boe/d, an increase of 91% on a…

PEYTO Drills 44 Wells in Q3; Plans Capex of $450MM in 2018
PEYTO released its Q3 results and discussed preliminary plans for 2018. Highlights include: In Q3, capital expenditures were $135 million. Drilled 44 gross (42.5 net) wells, completed 37…

7Gen Cuts D&C Costs -7% in Q3 to $11MM; Production Up +39%
Seven Generations reported its Q3 2017 results. D&C Costs Down Drilling Cost Down -5% QOQ: 7G’s average drilling cost per well was $4 million in the third quarter…

Cardinal Spends $3.9MM on 2 Wells; Increases Production 43% YoY in Q3
[Summary: Cardinal Energy reported its Q3 results. Highlights include: Reported average daily production of 21,463 boe/d, an increase of 43% from Q3 2016 when production was 14,957 boe/d…
Gulf Coast - South Texas 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…

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…

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…
North America 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…
