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Midland Basin E&P Talks 2020; Four (4) Rigs and $700 Million Capex
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More Capital Expenditure - 2020 News
Diamondback Drill & Complete 456 Wells with $4 Billion Capex IN 2025
Diamondback provided the following 2025 gudiance. 2025 Guidance & Strategy: Production & CapEx: Oil Production: 485 – 498 MBO/d (883 – 909 MBOE/d total) CapEx: $3.8B – $4.2B…
Operator Ramps Up 2022 Permian Spending by 65%; Nine Rigs, 315 Completions
Occidental Petroleum detailed its 2022 capital plan and guidance. 2022 Plan - Capex: $3.9-4.3 billion - up 43% vs. 2021 Oil and Gas D&C: $3.2-3.4 billion - up…
EQT Details 2022 Guidance: Spending, Rigs, Frac Crews, Wells
EQT Corp. announced financial and operational guidance for 2022. 2022 Plans - Capex: $1.3-1.45 billion - up 25% vs. 2021 D&C: $1.01-1.11 billion Leasehold, Land: $110-130 million Other:…
Berry Corp. Fourth Quarter, Full Year 2020 Results
Berry Corp. reported its Q4 and full year 2020 results. Berry reported fourth quarter and full-year 2020 results. For the full year Berry's net loss was $263 million,…
Pioneer Focusing on Midland Ops for 2021, Capex Flat YOY; Talks 2020 Results
Pioneer Natural Resources Co. reported its 2021 capital plan and Q4/full year 2020 results. 2021 Plan - Capex: $2.5-2.8 billion - relatively flat vs. Parsley/Pioneer combined 2020 spending…
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…