Operator · Permian Basin
Abraxas Petroleum Corp.
80 articles mentioning Abraxas Petroleum Corp. · Page 2 of 4
Abraxas' Output Up Nearly +20% from Last Quarter; Talks Wolfcamp, Bakken Drilling
Abraxas Petroleum reported its Q1 2018 results including production and drilling activity at its Permian Basin / Delaware Basin Wolfcamp Shale and North Dakota Williston Basin Bakken/Three Forks shale properties.
Abraxas' Borrowing Base Increased by 30% to $175MM
Abraxas has reported that its borrowing base has increased 30% to $175 million (up $40 million). At the end of Q1 2018, Abraxas was $104 million drawn on the credit facility with an estimated $5.5 million...
Abraxas Talks Q4 Production, Drilling Activity; Wolfcamp Downspacing
Abraxas reported its Q4 and full year 2017 results. Highlights: Production of 2.7 MMBoe (7,391 Boepd) Revenue of $86.3 million Net income of $16.0 million, or $0.10 per share Drilling Activity: Delaware Basin In Ward County,...
Abraxas Bumps Up 2018 Capex Over +50% to $140MM; Touts Delaware Well Results
Abraxas reported an operational update as well as changes to its 2018 capex. Capex / Guidance Revisions Abraxas has increased its 2018 capex to $140 million (up +56% from $90 million originally planned). This compares to...
Abraxas Unveils 2018 Budget; Bets Bulk on Delaware, Bakken
Abraxas reported its Q3 2017 results as well as its preliminary 2018 plans. Highlights include: Production of 805 MBoe (8,745 Boepd) 2018 Plans: Abraxas is slimming down spending -25% for 2018 to $90 million (down from...
Abraxas IPs New Delaware Basin Wells; Plans to Test 660' Spacing
Abraxas has IPed its Caprito wells in the Delaware Basin (Ward County, TX). Caprito 98-201H Wolfcamp A1 Zone average IP30 of 1,036 BOEPD 4,880' lateral Caprito 98-301HR Wolfcamp A2 Zone average IP30 of 999 BOEPD 4,880'...
Despite Lower Q2 Production, Abraxas Increases Production Guidance 13% to 10,750 BOEPD
Abraxas released its Q2 results. Highlights include: Total production in Q2 was 471 mboe, or 5,172 boe/d Abraxas increased its production guidance from 9,500 boe/d to 10,750 boe/d, or about 13% Abraxas reported cumulative production from...
Abraxas Announces Rig and Drilling Plans for Delaware, Bakken Operations
Abraxas Petroleum Corporation reported financial and operating results for the three and twelve months ended December 31, 2016. Production: Three months ended December 31, 2016: Production of 732 MBoe (7,955 Boepd) Twelve months ended December 31,...
Abraxas Spins Bit at Wolfcamp, Bakken and Eagle Ford Wells
Abraxas Petroleum provided the following reserve and operational update.
Permian, Bakken E&P Increases 2017 Capex by 83%; $110MM
The company originally planned a 2017 capex of $60 million.
Abraxas Permian Short Lateral Flows 1267 Boe/d; Pecos County Deal Terminated
Abraxas provided the following update to its operated areas. Permian In Ward County, Texas, Abraxas successfully completed the 4,963 foot effective lateral of the Caprito 99-101H with a 25 stage completion. The results of the well...
Abraxas IDs 2017 Budget at $60 Million; 71% More Than 2016
Abraxas Petroleum has detailed its spending plans for 2017.
Abraxas' Six Williston IPs Averaging 1,131 BOEPD; Talks Permian, Austin Chalk Ops
Abraxas Petroleum has updated its recent drilling activities in Texas and North Dakota.
Abraxas to Spud First Wolfcamp A Well; Talks Bakken, Austin Chalk Ops
Abraxas Petroleum Corporation reported financial and operating results for the three and six months ended June 30, 2016.
Abraxas Spuds First Austin Chalk Well as JV Partner Drops Out
Abraxas recently elected to terminate discussions with the previously disclosed potential joint venture candidate...
Bakken, Permian E&P Ups 2016 Capex; Ramps Up Activity
With the additional Permian and Austin Chalk activity, the company’s capital budget for 2016 has been preliminarily increased to...
Abraxas to Frac Six Bakken Wells in 2Q; Puts Acreage Up for Grabs
Abraxas Petroleum Corporation reported financial and operating results for the three months ended March 31, 2016.
Abraxas Adds to Hedge Book; Reports 4Q, Full Year 2015 Results
Abraxas recently took advantage of recent increases in oil futures to restructure and add to the company’s hedge book.
Bakken/Williston : 36 Operators Plan To Complete 533 Wells In 2016
Excel sheet - downloadable copy.
Abraxas IPs Bakken/Three Forks Wells; Six More Await Completion
At Abraxas’ North Fork prospect, in McKenzie County, North Dakota, the Sten-Rav 1H and Ravin 8H producing from the Three Forks, averaged...