Operational Updates | Top Story | Quarterly / Earnings Reports | Fourth Quarter (4Q) Update | Financial Results | Forecast - Production | Capital Markets | Capital Expenditure | Drilling Program-Rig Count | Capital Expenditure - 2018
Rockies Operator Amps Up Capex +112% for 2018; Talks Q4 Results
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Bill Barrett reported its Q4 and full year 2017 results as well as its 2018 outlook.
2018 Plans- 2018 Capex: $500-600 million (up +112% from $260 million spent in 2017)
- 2018 Production: 11-12 MMBOE (65% oil) (up +64% from ~7 MMBOE in 2017)
- Three rigs running - DJ Basin
2017 Highlights: Announced strategic combination with Fifth Creek Energy that materially expands DJ Basin footprint and significantly strengthens balance sheet Production sales volumes of 7.0 MMBOE in 2017 represents 20% growth over 2016, pro forma for asset sales Completed sale of remaining Uinta Basin assets for net proceeds of $102 million Entered 2018 with $314 million of cash and an undrawn credit facility of $300 millionproviding strong liquidity to fund anticipated 2018 activity levels Drilling…- ✓ Full news archive — U.S., Canada & international coverage
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More Capital Expenditure - 2018 News
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QEP Ups 2018 Capex for More Permian Wells, Williston Refracs; Minimal Output Growth
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Approach Defers Completion in Q3; Will Spend Less than Expected in 2018
Approach Resources reported third quarter 2018 financial and operational results. Defers Q3 Completions; Capex Will be -21% Below Midpoint of Original Budget - Q3 Production of 1,043 MBoe…
SRC IDs 22% YOY Output Growth in Q3; Adds Second Completion Crew, Ups Capex
SRC Energy Inc. has detailed its preliminary Q3 2018 operating results and recent well activity. Production Summary Production is up +22% YOY at 49.2 MBOEPD and up +3%…
Rockies - DJ Basin News
Permian E&P Bucking The Trend; Plan to Increasing Drilling & Fracs in 2026
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Japex Enters DJ Basin with Acquistion of Verdad
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PDC Energy, Inc., First Quarter 2023 Results
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Crescent Energy Company First Quarter 2023 Results
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Civitas Resources, Inc. First Quarter 2023 Results
Civitas Resources, Inc. announced first quarter 2023 results. Highlights Average daily sales volumes of 159.4 thousand barrels of oil equivalent per day ("MBoe/d"), near the high-end of Company…