Capital Markets | Capital Expenditure | Drilling Program-Rig Count | Capital Expenditure - 2019
Legacy Reserves Details 2019 Plans; Spending Down -33% YOY

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More Capital Expenditure - 2019 News

Karve Energy's Production Moves Upward After Q2 Lull; Talks Drilling Program
Private Canadian E&P Karve Energy has detailed its 2019 drilling program. The company is focused on the Viking play. 2019 Program Capex: $80 million - reduced from $99…

Extraction Cuts 2019 Capex 15%; IDs 2020 Plans, Q3 Results
Extraction Oil & Gas, Inc. reported its Q3 2019 results and preliminary 2020 outlook. Preliminary 2020 Guidance Highlights - $510 - $580 million capital budget, including $450 -…

Pioneer Production Posts Growth, Oil Mix Steady; Cuts Permian D&C Capital for 2019
Pioneer Natural Resources Co. reported its Q3 2019 results and below are the highlights. Highlights: Total Production up +5% sequentially (350,725 boe/d), and up +9% year over year…

QEP Touts Less Capex, More Wells, More Production
QEP Resources reported it's 3rd quarter results, and here is a quick read. 1. Reduced capital expenditure guidance by $65 million 2. Production continues to grow, up 9%…

Range Reduces Capital Budget; Well Count Unchanged
Range Resources has announced its third quarter 2019 financial results. Shale Experts comments and observations: Production was only down -2% sequentially -1% year over year. Basically you could…
Permian 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…

These Three Companies Will Increase Drilling & Completion Over The Next 3 Year
In the span of fifteen months, three Japanese energy companies committed more than $10.3 billion to U.S. natural gas production assets — a buying spree that has transferred…

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…

Wright to U.S. Oil Industry: The Price Signal Is Telling You to Drill
Energy Secretary Chris Wright stood in front of the largest gathering of oil executives in the world this morning and delivered a message that was equal parts market…

Apa Corp : Doing More With Less
APA's 2025 narrative was one of operational surprise. The company came in beating production guidance every single quarter while spending below plan, capturing over $300MM in cost savings…