Exploration & Production | Well Lateral Length | Drilling / Well Results | Deals - Joint Ventures | Top Story | Quarterly / Earnings Reports | Third Quarter (3Q) Update | Key Wells
Quicksilver Details Permian Discoveries; Improved Barnett Costs
Print
|
Quicksilver Resources Inc. has reported a third quarter 2014 update on its Barnett and West Texas operations.
Glenn Darden, CEO of Quicksilver Resources, commented: "Quicksilver has made significant progress on our stated goals since our last earnings call. Oil discoveries in West Texas, improved well results and cost structure in the Barnett and affirmation of our borrowing base and the covenant changes with our banks are all positive developments. These achievements have not only strengthened the company's asset base, but should also be very helpful in our marketing process and other negotiations."
Barnett ShaleThe company invested approximately $14 million in the third quarter to drill 4 gross (3 net) wells and complete 5 gross (3 net) wells, and invested approximately $2 million for…
- ✓ 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
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…