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More First Quarter (1Q) Update News

Gulfport Touts Super Long Lateral and Strategic Pivot To Gas Asset
Gulfport Energy Corporation kicked off 2025 with a quarter of operational precision, pricing strength, and clear strategic intent — setting the stage for a transformative year ahead. From…

Civitas Provides Update on Current Rigs & Frac Crews
Second Quarter Outlook The Company has reiterated its full year guidance for 2025. For the second quarter, Civitas anticipates approximately five percent oil volume growth at the midpoint…

NuVista Energy – 2025 Capital Program and Operating Momentum
NuVista enters 2025 with strong operational momentum following a record 2024 and a balance sheet that affords both growth and shareholder returns. The Company has reaffirmed its ~$450…

Large Permian E&P Talks 1Q'24; 282 Wells Planned for 2024
Diamondback Energy provided an update to it's first quarter 2024. Let's first take a look at the development plan. The company program remains unchanged, and one can expect…

CNX Resources Cut Frac Activity 50%, Talks 1st Quarter Activity
CNX Resources a marcellus operator provided an update on its first quarter 2024 activity. Activity quick Read - Reduced to 1 rig - Reduced from dedicated frac crew…
Permian - Northern Midland Basin News

EP Energy 2018 Drilling Program; Shifts Focus Back to Eagle Ford
EP Energy provided the following 2018 guidance. The company continues to struggle with a $4.0 billion debt, however we still expect to see a 2% increase in production.…

Matador, San Mateo Sign Crude Transport Agreement with Plains
MatadorResources and its JV Parnter San Mateo Midstream has signed a crude oil transport agreement with Plains All American Pipeline. The aggreement will see Plains construct a mainline…

Parsley to Reduce 2H17 Completion Activity; Wolfcamp A & C Delineation
Parsley reported its Q2 2017 results. Highlights from its release / conference call include: - Net production averaged 64.7 MBoe per day, up 18% versus 1Q17 and 81%…

Pioneer Pumping the Brakes in 2H17; Deferring Completions
Pioneer released its Q2 2017 results. Highlights from its release / conference call include: 2018 Plans - More Hedges - Increased Hedges in 2018: Dove commented: "But we'll…

Diamondback Signs Proppant Supply Agreement with Black Mountain Sand
Black Mountain Sand LLC, one of the first movers in the Permian sand rush, signed a supply contract with Diamondback. The company has dedicated a significant portion of…