Operator · Permian Basin
Approach Resources, Inc.
67 articles mentioning Approach Resources, Inc. · Page 3 of 4
Approach Adds Oil & Gas Investment Pro to Board
Vean J. Gregg has 18 years of experience in oil and gas investment banking with J.P. Morgan Securities LLC.
Permian Basin Wells to Watch: Cline, Spraberry and Wolfcamp
In our second installment of wells to watch, we are focusing on the Midland Basin.
Approach Tags 20% Drop in Well Costs; Outlines Wolfcamp Results
Approach also noted that drilling days are consistently ranging between 10 and 14 days, a 30% decline.
Approach Taps JP Morgan Alum as New CFO/EVP
Sergei Krylov will replace Steven P. Smart, who announced his intention to retire from the Company effective December 31, 2013.
Approach: Wolfcamp Wells, Infrastructure Growth Key to Q2 Success
J. Ross Craft, the Company’s President and CEO, commented, "Our investment in infrastructure projects continues to have a positive impact on our bottom line."
Approach Brings on VP of Drilling, Completions
Craig E. Young has more than 30 years of operating and management experience in the oil and gas industry, specializing in drilling engineering and operations.
Permian-Focused Approach Prices $250MM Public Offering
J.P. Morgan, RBC Capital Markets and KeyBanc Capital Markets are acting as joint book-running managers of the offering.
Approach to Offer $250 Million in Senior Notes
J.P. Morgan, RBC Capital Markets and KeyBanc Capital Markets are acting as joint book-running managers of the offering.
Approach Brings On VP of Reservoir Engineering
For the past 16 years, Troy Hoefer held increasingly responsible reservoir and operating engineering positions at Pioneer Natural Resources.
Approach's Wolfcamp Activity Lifts Production 15%
"We plan to continue testing multi-bench development in Project Pangea, including testing optimal well spacing and drilling pattern, to maximize recoveries, efficiencies and savings," said J. Ross Craft, President & CEO.
Approach Resources' Wolfcamp Well Flows 843 Boe/d
Approach currently has three horizontal rigs drilling in Project Pangea, and its program for testing multi-bench development is underway.
Approach Adds 100 MBOE to Q1 Production
Estimated production for first quarter 2013 was 41% oil, 28% NGLs and 31% natural gas, compared to 29% oil, 33% NGLs and 38% natural gas in first quarter 2012.
Approach Expands HZ Wolfcamp Drilling Locations by 300%
J. Ross Craft, Approach’s President and Chief Executive Officer, commented, "Growing our proved reserves by 24% in 2012 and doubling our oil reserves highlights the tremendous opportunity we have in the Wolfcamp oil shale resource play."
Approach Highlights Wolfcamp Ops, IP Rates
During 2012, the Company drilled a total of 46 wells and completed 52 wells. At December 31, 2012, we had 10 wells waiting on completion.
Approach Outlines 2013 CapEx, Expectations
The company estimates 2013 production to be 3,600 to 3,900 MBoe, with first quarter 2013 production ranging from 8.9 MBoe/d to 9.1 MBoe/d.
Approach Resources Taps New COO
Dr. Qingming Yang has more than 25 years of domestic and international exploration, technical and operating experience in the oil and gas industry.
Approach Resources Reports Wolfcamp 3Q 2012 Results
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Approach's Oily Wolfcamp Results Headline Q3 Update
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Approach Reported 22% Growth In 3Q Production to 747Mboe
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Approach Reports Wolfcamp Operations Impacted By Midstream Downtime
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