Print 
More Capital Expenditure - 2022 News
Capex Plans Jump After 2Q: Nearly 30 E&P Companies Raise 2022 Budgets
In their second quarter reports, a large number of E&P companies made sizable increases to their 2022 capital spending plans. A total of 29 companies increased their 2022…
Civeo Corp. Second Quarter 2022 Results; Raises Guidances
Civeo Corp. reported financial and operating results for the second quarter ended June 30, 2022. Bradley J. Dodson, Civeo's President and Chief Executive Officer, commented: "In the second…
2022 Guidance Growth: Several Operators Bolster Capex, Production Outlook
In response to the skyrocketing oil demand and D&C activity seen in 1Q22, several E&Ps have added additional capital to their 2022 budgets. A few E&Ps have also…
PDC Updates Budget Following Great Western Deal; Adds $50MM
PDC Energy Inc. updated its 2022 guidance after closing the Great Western Petroleum acquisition earlier this month along with its updated multi-year outlook. 2022 Guidance Update The Company's…
Enerplus Bets on Bakken for 2022; Drill 50 Wells, 1.5 Rigs
Enerplus Corp. reported its 2022 capital plan and guidance. 2022 Plan - Capex: $370-430 million - up 33% vs. 2021 - Capex by Play Bakken (83%): $307-357 million…
Mid-Continent News
Why $90 Oil Isn’t Bringing Back the Rigs
Higher oil prices are not translating cleanly into a drilling response across U.S. shale, and company disclosures are starting to show why. The issue is not simply capital…
Q1 A&D Transactions Jump to $30B , While Deal Flow Was Down 40%
The first quarter of 2026 has officially defined the "Barbell Era" of American oil and gas. While the total number of deals plummeted by 46% YoY (dropping to…
Ascent Resources 2026: A Quiet Growth Story for Oilfield Services
Ascent Resources may not be making headlines with rig additions or dramatic well count increases, but a closer read of their March 2026 investor presentation — compared against…
Infinity Closes $1.2B Utica Upstream & Midstream Deal
Infinity Natural Resources has completed its $1.2 billion acquisition of upstream and midstream assets in the Ohio Utica Shale from Antero Resources and Antero Midstream, according to company disclosures…
Antero Resources Completes $2.8B Marcellus Expansion
Antero Resources Completes $2.8B Marcellus Expansion Antero Resources has completed the previously announced acquisition of upstream assets from HG Energy II, LLC, significantly expanding its core position in…
Mid-Continent - Anadarko Basin News
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,…
Ascent is quietly setting the Utica productivity curve
For most of the last few years, the Utica story has been about discipline: fewer rigs, fewer headlines, and steady execution from a handful of operators who know…
Kimmeridge Offers $6 Billion for Ascent Resources: A Bid Lands in the Middle of a High-Stakes Sponsor Dispute
What happened Kimmeridge Energy Management has submitted a $6 billion offer to buy Ascent Resources, the privately held U.S. natural gas producer that is controlled by private equity…
Dallas Fed Energy Survey: What Oil and Gas Executives Are Really Saying
The latest Dallas Fed Energy Survey shows a U.S. oil and gas industry that is not collapsing—but is clearly constrained. Executives are operating in a defensive posture, focused…
Infinity and NOG Buy Antero's Ohio Utica Assets for $1.2B: A Vertical-Integration Utica Power Move
Infinity Natural Resources (NYSE: INR) is making a statement in Appalachia. On December 5, 2025, Infinity announced it has signed agreements to acquire a package of upstream and…