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Coterra Energy Q4, Full Year 2022 Results; 2023 Plans
Coterra Energy Inc. reported fourth-quarter and full-year 2022 financial and operating results. Thomas E. Jorden, Chairman, Chief Executive Officer and President, commented, "Coterra delivered a strong 2022. Outstanding…

Southwestern Energy 4Q, Full Year 2022 Results; Talks 2023 Plans
Southwestern Energy Co. announced financial and operating results for the fourth quarter and full-year 2022 and provided 2023 guidance. CEO Bill Way said: "In 2022, the Company delivered…

Operators Cite Investor Pressure for Production Growth Restraint
The latest survey by the Dallas Fed has unveiled that most E&P companies cite investor pressure as the primary reason for meager production growth. 60% of Execs Cite…

Murphy Oil to Keep 2021 Spending, Production Near 2020 Levels
In its presentation at the Goldman Sachs Global Energy Conference, Murphy Oil Corp. outlined its capital and production plans for 2021. The company noted that it largely plans…

Ecopetrol IDs 2021 Capex; Bets Bulk on Colombian Ops
Ecopetrol S.A. has approved the 2021 investment plan, which the company has set at a range of $3.5 and $4 billion (at the midpoint, it's slightly lower than…
Gulf Coast - Southeast Texas News

Denbury Axes 2020 Capex by 44%; Defers CO2 Project
Denbury Resources Inc. reported an update in the wake of the market uncertainty. 2020 Changes Denbury has reduced its 2020 capital budget by ~$80 million, or 44%. As…

Private Operator Flows 500 BOPD Vertical Well in Liberty County, Texas
Vantage Operating LLC has drilled a notable vertical oil well in Liberty County, TX. The Governor Bill Daniel 2R well targeted the Yegua/Rich Ranch Field in Liberty County,…

American Midstream CEO Resigns as ArcLight Steps In
American Midstream Partners, LP announced that Lynn Bourdon III, Chairman, President and Chief Executive Officer of American Midstream GP, LLC, the of American Midstream Partners, LP, notified the…

WildHorse to Build Sand Mine Supporting Eagle Ford Development
Sand Mine Development Plan On January 4, 2018, Wildhorse Resources acquired surface and sand rights on 727 acres in Burleson County, TX. Prior to the acquisition, Wildhorse Resources…

Sanchez Increases Production 43% YoY in Q3 2017
[Summary: Sanchez announced its Q3 financial and operating results. Highlights include: Total production in Q3 was 6.8 mmboe or 73,783 boe/d, a 43% increase from Q3 2016 when…