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Extraction Oil and Gas
41 articles mentioning Extraction Oil and Gas · Page 2 of 3
Extraction Oil & Gas Details Q2 2019 Results
Extraction Oil & Gas, Inc. reported financial and operational results for the second quarter of 2019. Second-Quarter 2019 Highlights Average net sales volumes of 82,856 barrels of oil equivalent per day (BOE/d), including 40,113 barrels per...
Extraction Reports Resignation of Director from Board
Extraction Oil & Gas, Inc. announced that former U.S. Commerce Secretary Donald L. Evans has resigned from the company’s Board of Directors, effective July 26, 2019, for personal reasons. Mr. Evans has served on Extraction’s Board...
Extraction's Well Activity Down Across the Board YOY in Q1; TILs Drop 67%
Extraction Oil & Gas Inc. reported its Q1 2019 results. Here are the highlights. Q1 Summary - Well Activity (net): Drilled 21 wells / Completed 31 wells / TIL 6 wells in Q1 - down -22%,...
Extraction 2019 Plan; Cuts Spending, Drilling Activity; Production to Grow 19%
In its latest investor presentation, Extraction Oil & Gas detailed its 2019 operating plan. The company has decreased its spending and well activity for the year, but production is estimated to grow almost 20% due to...
Extraction Touts Results from Broomfield Area; Longer Laterals Boost Results
Extraction Oil & Gas reported its Q3 2018 results. Third-Quarter 2018 Highlights - Q3 sales volumes of 75.7 BOEPD - up +20% YOY and up +3% from 2Q18 Third quarter crude oil volumes of 39,323 Bbl/d...
Extraction's New DJ Basin Drilling Plan Approved by Broomfield, CO Officials
After months of discussion and public comment, Broomfield, Colorado officials have conditionally approved Extraction Oil & Gas' proposed drilling plan for the area, according to a statement released by Broomfield officials. The proposed drilling plan calls...
Extraction's Q2 Output Jumps +68% YOY; Extends Lateral Length
Extraction Oil & Gas reported its Q2 2018 results. Highlights: - Q2 average net sales volumes of 73,563 BOEPD (up +7% from 1Q18 and up +68% YOY) including 38,804 Bbl/d of crude oil (up +8% from...
Extraction's Q1 Production Jumps Over +100% YOY; Credits Longer Laterals
Extraction Oil & Gas reported its Q1 2018 results. Highlights: - First quarter average net sales volumes of 68.9 MBOEPD (up +107% YOY and relatively flat from 4Q17) Including 36,052 barrels per day (Bbl/d) of crude...
Extraction Drills 198 Wells in 2017; Averages 8,000' Laterals
Extraction Oil & Gas reported its Q4 and full year 2017 results. Highlights: Fourth quarter average net sales volumes of 66,134 BOE/d including 33,674 barrels per day (Bbl/d) of crude oil and full-year 2017 average net...
Extraction Q4 2017 Production Down 3%; Production Mix Changes
Extraction Oil and Gas has detailed its preliminary Q4 2017 results. Oil production feel Quarter over Quarter 1% and Oil Production mix changed from 55% oil to 51% oil in Q4 2017. The company brought on...
DJ Basin E&P Talk 2018 D&C Plans; 190 Completions; Oil Growth 55%
Extraction detailed its 2018 budget and guidance. Highlights include: Capital Expenditures ($ in MM) Drilling & completion $770 - $840 Land & other $120 - $150 Production Guidance: Production 2018 Guidance Oil production (MBbl/d) 42.5 -...
Extraction Adds $80 Million to 2017 Budget; 14 New Wells Planned
Extraction reported its Q3 2017 results. Highlights include: Q3 Production: 62,884 BOEPD Increased 2017 Budget: Revised budget of $865 and $885 million, which represents an $80 million increase from the midpoint of its previous budget ($735-855...
Extraction Hits Company Record Production Levels; Raises Oil Guidance 6%
Extraction released its Q2 results where it primarily focused on its oil production and its enhanced completions in the Niobrara.Highlights Include: Q2 average net sales volumes were 44,172 boe/d, which included 23,088 bbl/d of oil. Total...
Extraction Sees Massive Production Growth From New Completions
Extraction detailed preliminary Q2 2017 results. Highlights include: As a result of the amount of wells turn the sales, the company saw massive production growth quarter over quarter of 10,000 boe/d. We turned to sales 67...
Extraction's Niobrara Laterals Averaging 7,450'; Plans to Tackle DUCs by Year-End
Extraction reported its Q1 2017 results and highlights include:
Extraction Oil and Gas Increased Production 54% in 2016
Full-year 2016 average net sales volumes were 29,891 BOE/d, an increase of 54% over 2015.
Extraction Appoints Two Board Members
Donald L. Evans and Wayne W. Murdy to serve as independent members of the Company's Board
Fresh Off IPO, Extraction to Add Third Rig in the Wattenberg
This is earlier than the previously disclosed mid-year 2017 timing for the third drilling rig.
Private E&P Plans 100 Well Wattenberg Development Program
The company plans to develop 100 wells in 2016, however in 2017, the company will increase activity more than 30%.
Extraction Oil and Gas Files IPO
The company hopes to raise...