Quarterly / Earnings Reports | Third Quarter (3Q) Update | Financial Results | Forecast - Production | Capital Markets | Capital Expenditure | Capital Expenditure - 2018
Legacy Reserves Talks 2018 Permian Development Plans
Legacy Reserves has detailed its preliminary 2018 plan.
2018 Capital, Financial and Production Guidance
| Q4 2017E Range | FY 2017E Range | Preliminary FY 2018E Range |
|||||||||||||||||||||
| ($ in thousands unless otherwise noted) | |||||||||||||||||||||||
| Production: | |||||||||||||||||||||||
| Oil (Bbls/d) | 17,100 | - | 17,700 | 13,637 | - | 13,789 | 18,800 | - | 21,400 | ||||||||||||||
| Natural gas liquids (Bbls/d) | 2,275 | - | 2,325 | 2,370 | - | 2,383 | 2,025 | - | 2,300 | ||||||||||||||
| Natural gas (MMcf/d) | 170.0 | - | 174.0 | 171.5 | - | 172.5 | 162.5 | - | 177.5 | ||||||||||||||
| Total (Boe/d) | 47,708 | - | 49,025 | 44,590 | - | 44,922 | 47,908 | - | 53,283 | ||||||||||||||
| Lease operating expenses(1) | $ 43,300 | - | $ 44,300 | $ 174,306 | - | $ 175,306 | $ 170,000 | - | $ 190,000 | ||||||||||||||
| Capital expenditures | $ 40,000 | - | $ 42,000 | $ 181,476 | - | $ 183,476 | $ 200,000 | - | $ 225,000 | ||||||||||||||
| Adjusted EBITDA(2) | $ 68,000 | - | $ 71,000 | $ 211,259 | - | $ 214,259 | $ 280,000 | - | $ 330,000 | ||||||||||||||
More Capital Expenditure - 2018 News

Range Resources Spends $20MM Less than Expected in 2018
Range Resources announced that 2018 capital spending is currently estimated to be approximately $20 million below the $941 million budgeted for the year. The Company's 2018 program was…
Canada Well Forecast for 2019 Will Fall 20% Year over Year
We were asked by a customer of ours to provide them with a detailed forecast of Canada Drilling & Completion activity forecast. So we looked at the data…

QEP Ups 2018 Capex for More Permian Wells, Williston Refracs; Minimal Output Growth
QEP Resources reported its Q3 2018 results. Increases 2018 Capex for Permian Wells, Williston Refracs Increased full year 2018 capital expenditure guidance by 4% at the midpoint to…

Approach Defers Completion in Q3; Will Spend Less than Expected in 2018
Approach Resources reported third quarter 2018 financial and operational results. Defers Q3 Completions; Capex Will be -21% Below Midpoint of Original Budget - Q3 Production of 1,043 MBoe…

SRC IDs 22% YOY Output Growth in Q3; Adds Second Completion Crew, Ups Capex
SRC Energy Inc. has detailed its preliminary Q3 2018 operating results and recent well activity. Production Summary Production is up +22% YOY at 49.2 MBOEPD and up +3%…
Permian - Midland Basin News

Ring Energy, Inc., First Quarter 2023 Results
Ring Energy, Inc., announced first quarter 2023 results. Highlights Grew first quarter 2023 sales volumes 2% to a record 18,292 barrels of oil equivalent per day ("Boe/d") (69%…

HighPeak Energy, Inc., First Quarter 2023 Results
HighPeak Energy, Inc., announced first quarter 2023 results. Highlights Produced average sales volumes of 37,222 barrels of crude oil equivalent per day ("Boe/d"), consisting of 85% crude oil…

Callon Petroleum Company First Quarter 2023 Results
Callon Petroleum Company announced first quarter 2023 results. Highlights Net income of $220.6 million, or $3.57 per diluted share (all share amounts are stated on a diluted basis),…

Diamondback Energy Reducing 2023 Drilling Program
Diamondback Energy, Inc. announced first quarter 2023 results. However during the earnings call. Here are a few things the company said. "We are going to reduce our rig…

SM Energy Company announced its first quarter 2023 results
SM Energy Company announced its first quarter 2023 results. Highlights Growing profitability. In the first quarter 2023, net income was $198.6 million, or $1.62 per diluted common share,…