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More Drilling Program - Wells Plan To Drill 2017 News
Permian Operator to Double 2018 CapEx, Grow Oil Production 20%
Here is a quick read through of Earthstone's 2018 drilling and completion plans. The table below shows that the company plan to grow its oil and equivalent production…
Samson Resources II Talks 5 Well Green River Basin Drilling Program
Samson Resources II, who recently emerged from bankruptcy, is launching a 5 well drilling program in Sweetwater county, Wyoming (The Green River Basin). The company believes it will…
Operator to Reduce Permian/Eagle Ford Activity in 2H17
EP Energy released its Q2 results and as a result of the volatilty in oil prices, the company has decided to reduce its activity for 2H17. Increased production…
Contango Increases 2017 Capital Plans; Delaware Basin Drilling
Contango has released its 2Q 17 financial and operational updates. Highlights include: Crude oil and natural gas liquids production was ~3,100 boe/d, 32% of total production. Natural gas…
Whitecap 64 Well Drilling Program Unchanged; Complete DUCs
Whitecap currently has 4 drilling rigs operational; 2 in west central Saskatchewan, 1 in southwest Saskatchewan and 1 in the Deep Basin area of Alberta. We anticipate drilling…
Ark-La-Tex - East Texas News
Diversified Energy Striking While the Iron is Hot in East Texas
Transaction Summary Diversified Energy has entered into a definitive purchase and sale agreement to acquire high-working interest, natural gas producing assets in East Texas from Sheridan Production for…
Mitsubishi to Buy Aethon for ~$5.2B, Taking Scaled Haynesville Gas Platform
Mitsubishi Corporation has agreed to acquire Aethon (Aethon III LLC, Aethon United LP and related entities) for a total equity investment of approximately $5.2 billion, delivering Mitsubishi a…
Comstock Resources To Increase Haynesville Drilling Activity in 2025
As part of it's Q4 results. Comstock provided us with it's 2025 forecast. 2025 Outlook Increased Rig Activity: Raising rig count from 5 to 7, focusing on Western…
Top Haynesville E&P Cuts 2023 Drilling Program By 22%
Comstock provided an updated 2023 development program. As we continue to see from numerous operators, capex either mostly unchanged while wells online / drilling is being reduced. We…
Riviera Resources to Exit Upstream Biz; Sell Assets
Anadarko Basin-focused Riviera Resources announced that it will be selling its remaining assets and exiting the upstream business, according to its Q2 report. Thus far in 2020, the…
Ark-La-Tex - North Louisiana News
Range Resources Second Quarter 2020 Results
Range Resources Corp. announced its second quarter 2020 financial results. Second Quarter Highlights Well costs averaged less than $600 per lateral foot, including facility costs, the lowest in…
Tanager Energy Changes Name to Paleo Resources
Tanager Energy Inc. will change its name to “Paleo Resources, Inc.” effective April 10, 2019. The common shares of the Corporation will commence trading under the new name…
Operator Touts Travis Peak Vertical Well; Flows 400 Bopd on Restricted Choke
Sabine Oil & Gas reported one of the best wells from Rusk County, TX in the the last four years. The ANDERSON-WALLACE GU well, located 5 miles SE…
Amplify Spending 22% Less in 2019; Focus on Non-Op Eagle Ford, Austin Chalk
Amplify Energy has detailed its 2019 spending plan. 2019 Plans - 2019 Capex: $60 million (down -22% from $77MM for 2018) Bairoil Plant Expansion: $34 million Eagle Ford…
Range Adding Two SailingStone-Approved Members to Board; Searches for New EVP
Range Resources and SailingStone Capital Partners LLC, owner of approximately 17% of Range's shares outstanding, today jointly announced that they have entered into an agreement for Range to…