Production
Pioneer's Spraberry, Wolfcamp Wells Fuel Oilier Production in Q3; 276 MBOEPD
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More Production News
Contrary to The Noise, U.S. Oil Production will Likely Growth 4-5% In 2024; A look Inside
There are numerous reports speculating how much U.S. oil production will growth in 2024. Well we decided to take a look at the presentations, 4Q 2023 transcripts, press…
Ranger/Penn Virginia Provides Production Update
Ranger Oil Co formerly known as Penn Virgina announced an operational update. Preliminary Third Quarter 2021 Operational and Financial Update The operational and financial results below represent results…
EIA Lowers 2021 Oil Production Outlook; 2022 on Track to See Output Gains
The EIA has cut its oil output forecast for 2021, according to a recent report by Reuters. On Tuesday (5/11), the EIA added 20,000 barrels per day (BPD)…
Whitecap Resources Ups 2021 Production Outlook After NAL, TORC Deals
Whitecap Resources Inc. has updated its 2021 capital program, increasing its 2021 production guidance with no change to the capital program, resulting in increased free funds flow. Increased…
WTI Jumps as OPEC+ Signals It Will Not Boost Production
Oil prices rallied midday Thursday (3/4) on news that OPEC+ has likely decided against raising production in April, according to multiple reports. The cartel signaled that it will…
Permian - Midland Basin News
Ring Energy, Inc., First Quarter 2023 Results
Ring Energy, Inc., announced first quarter 2023 results. Highlights Grew first quarter 2023 sales volumes 2% to a record 18,292 barrels of oil equivalent per day ("Boe/d") (69%…
HighPeak Energy, Inc., First Quarter 2023 Results
HighPeak Energy, Inc., announced first quarter 2023 results. Highlights Produced average sales volumes of 37,222 barrels of crude oil equivalent per day ("Boe/d"), consisting of 85% crude oil…
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),…
Diamondback Energy Reducing 2023 Drilling Program
Diamondback Energy, Inc. announced first quarter 2023 results. However during the earnings call. Here are a few things the company said. "We are going to reduce our rig…
SM Energy Company announced its first quarter 2023 results
SM Energy Company announced its first quarter 2023 results. Highlights Growing profitability. In the first quarter 2023, net income was $198.6 million, or $1.62 per diluted common share,…