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Lilis Energy Inks Delaware Basin Acreage Trade
Lilis Energy inked an acreage swap in the Delaware Basin. The company entered into an acre-for-acre trade of approximately 1,500 net acres in Winkler and Loving counties, Texas.
Rice Uses New Drilling Technique; Cuts D&C Capex -7%
Rice Energy has released its Q2 17 operational and financial updates. Highlights Include: Net production from Q2 averaging 1,354 mmcfe/d, a 6% increase from Q1 Spent $243 million…
Concho Cutting Rigs in 2H; Reports 27% YoY Production Growth
On the tenth year anniversary of its IPO, Concho released its Q2 results where its primary focus was on its activity in the Midland Basin and Delaware Basin.…
Armed with Rice Deal, EQT Eyes Longer Lateral Marcellus Wells, DUC Completions
[Summary: At its Q2 conference call, EQT's primary focus was on its recent Rice acquisition. EQT announced its acquisition of Rice Energy during Q2 and expects the transaction…
Permian - Delaware Basin News
Empire Petroleum First Quarter 2023 Results
Empire Petroleum announced first quarter 2023 results. Highlights Increased year-over-year per day sales volumes by 4% to 2,206 barrels of oil equivalent per day ("Boe/d") (61% oil, 19%…
Earthstone Energy, Inc., First Quarter 2023 Results
Earthstone Energy, Inc., announced first quarter 2023 results. Highlights Average daily production of 104,450 Boepd(1), up 194% from Q1 2022 Net income(2) of $86.2 million, and Adjusted Net…
Battalion Oil Corporation First Quarter 2023 Results
Battalion Oil Corporation announced first quarter 2023 results. Highlights Substantial progress on acid gas treating facility as we ramp up gas delivery toward bringing the facility fully online…
PDC Energy, Inc., First Quarter 2023 Results
PDC Energy, Inc., announced first quarter 2023 results. Highlights Net cash from operating activities of approximately $590 million, adjusted cash flows from operations, a non-U.S. GAAP metric defined…
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),…