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More Second Quarter (2Q) Update News
Berry Reaffirms FY25 Guidance; Uinta Wells Drive 2H Growth
Berry Corporation delivered a steady second quarter update that reinforced the company’s core message for 2025: production is on plan, guidance is intact, and the hedge book is…
SM Energy Hits Record Output; Driven by Uinta
In Q2 2025, SM Energy (NYSE: SM) delivered a performance that underscored its evolution from a mid-cap E&P into a streamlined, tech-enabled operator executing a multibasin optimization strategy.…
Expand Energy Talks, Wells, Frac Crews, Production For 2H-2025
In the second half of 2025, Expand Energy is not chasing production growth — it's engineering it. Fresh off record-setting drilling performance in Q2, the company is approaching…
Comstock Rides Higher Gas Prices, Operational Momentum in Q2 2025
Comstock Resources delivered a resilient second quarter, capitalizing on higher natural gas prices and solid well results across the Haynesville and Bossier plays. The company reported strong production…
A Quarter of Quiet Strength: CNX’s Patient Ascent in Appalachia
In the heart of Appalachia, CNX Resources continued to methodically execute on a playbook built for resilience and long-term value. Q2 2025 marked the company’s 22nd consecutive quarter…
Permian - Northern Midland Basin News
EP Energy 2018 Drilling Program; Shifts Focus Back to Eagle Ford
EP Energy provided the following 2018 guidance. The company continues to struggle with a $4.0 billion debt, however we still expect to see a 2% increase in production.…
Matador, San Mateo Sign Crude Transport Agreement with Plains
MatadorResources and its JV Parnter San Mateo Midstream has signed a crude oil transport agreement with Plains All American Pipeline. The aggreement will see Plains construct a mainline…
Operator to Reduce Permian/Eagle Ford Activity in 2H17
EP Energy released its Q2 results and as a result of the volatilty in oil prices, the company has decided to reduce its activity for 2H17. Increased production…
Parsley to Reduce 2H17 Completion Activity; Wolfcamp A & C Delineation
Parsley reported its Q2 2017 results. Highlights from its release / conference call include: - Net production averaged 64.7 MBoe per day, up 18% versus 1Q17 and 81%…
Diamondback Signs Proppant Supply Agreement with Black Mountain Sand
Black Mountain Sand LLC, one of the first movers in the Permian sand rush, signed a supply contract with Diamondback. The company has dedicated a significant portion of…
Permian - Southern Midland Basin News
Permian E&P to Increase Rig Count to 20; Up From 13
Chevron, provided some color on its plan for the permian during its 2Q17 call. The company re-iterated it's plan to ramp up to from 13 rigs currently to…
Encana's Production Continues To Decline Amid Massive Capital Increase
Encana lauded its 2Q17 results as strong, but left us somewhat confused. Shale Experts Research Group decided to look at the numbers to determine whether they match the…
Concho Expands Permian Pads 100%; 5-6 Wells per Pad
[Summary: At the 2017 Energy Credit Conference, Concho Resources went into further details on its "manufacturing mode" in the Permian. According to Concho President and CFO Jack Harper,…
Energen Ups 2017 Production Guidance as "Gen3" Wells Outperform
Energen has increased its 2017 production guidance as its wells outperform. The company's original 2017 guidance was 65.7 MBOEPD and the new guidance for the full year is…
Encana's Permian "Cube Development" Boosts Type Curve 20%; 700 New Locations
Encana's "cube development" has enhanced its Permian type curves by 20%. The company added 700 new premium return locations, five times the quantity the company will drill this…