Forecast - Production | Capital Markets | Capital Expenditure | Drilling Program - Wells | Drilling Activity | Drilling Program | Private Equity Activity
Permian Operator to Up Production in 2016; 41-53 Gross Completions
Print
|
RSP Permian has reported its 2016 Capital Plan and Guidance.
2016 Drilling & Completions Permian Rigs Plan to Operate: 2 Operated HZ Completions: 36-48 Gross Operated Vertical Completions: 5 Gross Capital Expenditure: $200-$260 MillionRSP began 2016 with three operated horizontal rigs and recently released one of these rigs. The Company has two operated horizontal rigs under contract for the remainder of 2016 with one contract expiring in January 2017 and the other contract expiring in April 2017.
As a result of a reduced completion pace in the fourth quarter of 2015, the Company built an inventory of 18 drilled and uncompleted horizontal wells at year end and 2 drilled and uncompleted vertical wells. The Company intends to complete this inventory along with wells drilled during…
- ✓ 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
North America 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…
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…
Baytex 2026 Development Plans
Baytex’s 2026 development plan reflects a post–Eagle Ford sale capital program and a sharpened focus on its core Canadian assets. The Company approved 2026 exploration and development expenditures…
Tourmaline: 2026 Capital Program Locked In at $2.9B
Tourmaline’s 2026 exploration and production (EP) program is set at $2.9 billion and targets average production of 690,000–710,000 boepd, with the company maintaining the multi-year EP Plan released…