Drilling & Completions | Quarterly / Earnings Reports | Third Quarter (3Q) Update | IP Rates-24 Hour | Production Rates | Initial Production Rates | Forecast - Production | Capital Markets | Capital Expenditure | Capital Expenditure - 2018
NuVista Completes 16 Wells in Q3; Talks 2018 Capex Budget
Print
|
[Summar: NuVista released its Q3 results where it discussed its highlights and discussed its preliminary 2018 plans. Highlights include:
Production in Q3 was 29,409 boe/d, an increase of 15.5% from 24,415 boe/d in Q2 and 18.1% from 24,898 boe/d in Q3 2016 Capitral expenditures for Q3 were$98 million Drilled 3 (3 net) and completed 16 (16 net) wells in Q3 Operational UpdateNuVista reported average daily production of 29,405 in Q3, which is slightly above the guidance between 26,000 to 29,000 boe/d.
In Q3, NuVista drilled 3 (3 net) wells and completed 16 (16 net) wells. Additionally, the company put 18 new wells on production in Bilbo and Elmworth, for a total of 28 new Montney wells put onstream thus far in 2017.
NuVista's Bilbo 6 well pad has been started and wells are slowly being…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
More Third Quarter (3Q) Update News
Keystone Runs Steady as Blackrod Gas Link Nears Startup
Nov. 13, 2025 South Bow’s 3Q25 update was operationally focused: the Keystone Pipeline System maintained steady utilization while the company advanced integrity work tied to the MP-171 incident,…
Evolution Petroleum Corporation Fiscal Third Quarter 2023 Results
Evolution Petroleum Corporation announced fiscal third quarter 2023 results. Highlights Reported sequential growth in revenue of 9% to a record $36.9 million and in net income of 34%…
Civitas Resources Third Quarter 2022 Results
Civitas Resources, Inc. announced its third quarter 2022 financial and operating results. Third Quarter 2022 Highlights: Average daily sales volumes of 176.3 thousand barrels of oil equivalent per…
Murphy Oil Third Quarter 2022 Results
Murphy Oil Corp. announced its financial and operating results for the third quarter 2022. Murphy reported net income attributable to Murphy of $528 million, or $3.36 per diluted…
ConocoPhillips Third Quarter 2022 Results
ConocoPhillips reported its third quarter 2022 results. The company reported third-quarter 2022 earnings of $4.5 billion, or $3.55 per share, compared with third-quarter 2021 earnings of $2.4 billion,…
Canada News
Western Canada Upstream M&A: Q1 2026 Transaction Report
Western Canadian M&A activity in Q1 2026 was characterized by a 87% decrease in total deal value compared to Q1 2025, totaling $0.8 billion C$. However, transaction volume…
Canadan E&P 2026 Program Calls for 448 Net Wells, Up 24% vs. 2025 Plan
Canadian Natural Resources outlined a 2026 operating capital budget of approximately $6.3 billion (total capital budget $6,425 million, including $125 million for carbon capture) targeting 1,590–1,650 MBOE/d of…
EIA’s “Glut” Calls: The 2025 Surplus Claim — and How 2021–2024 Forecasts Actually Held Up
The “~2.2 MMb/d glut in 2025” framing traces to the EIA’s Short-Term Energy Outlook (STEO), December 2025. EIA doesn’t usually write “glut” in the tables—what they publish is…
Whitecap Details 2026 Duvernay & Montney Program
Whitecap Resources reported strong third quarter 2025 operating and financial results, marking its first full quarter following the strategic combination with Veren that closed on May 12, 2025.…
ARC Resources: Lower 2026 Capex, Higher Volumes
ARC Resources used its third quarter update to reinforce a familiar message to Canadian E&P executives: disciplined capital, structurally better market access, and a growing shareholder return program…