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Oasis Petroleum Inc.
80 articles mentioning Oasis Petroleum Inc. · Page 2 of 4
Bakken Operators Shut-In 450,000 Barrels Per Day, Rig Count Hits Lowest
May 7, 2020 The Department of Mineral Resources has established the Bakken Restart Task Force to facilitate rapid recovery of the oil and gas industry and supporting sectors impacted by COVID-related demand shock. The task force...
Oasis Petroleum Reports $4.8 Billion Impairment; Postpones 1Q'20 Release
Oasis Petroleum in a filing said it is postponing the release of its q1 earnings, citing ""the finalization of certain documentation which may impact the presentation and disclosure of certain financial statement line items." The company...
Oasis Talks 2020 Plans, Q4 2019 Results
Oasis Petroleum Inc. announced financial and operational results for the quarter and year ended December 31, 2019 and provided its 2020 outlook. Thomas B. Nusz, Oasis' Chairman and Chief Executive Officer, said: "Fourth quarter results demonstrate...
Oasis Cuts 2020 Spending by 16% YOY; Details Preliminary Q4 Results
Oasis Petroleum Inc. reported its Q4 2019 results as well as its preliminary 2020 capital outlook. 2020 Plans The company only reported its plans for spending at $700-730MM (down 16% from 2019). Well plans and production...
Oasis Moving Stock from NYSE to NASDAQ Market
Oasis Petroleum Inc. is transferring the listing of its shares from the New York Stock Exchange to The NASDAQ Stock Market LLC. Oasis expects its common stock to begin trading on Nasdaq at market open on...
Oasis Petroleum Details Q3 Results
Oasis Petroleum reported its Q3 2019 results. Recent Highlights: Delivered net cash provided by operating activities of $251.0 million and Adjusted EBITDA(1) of $256.6 million in 3Q 2019. Achieved positive free cash flow during the quarter...
Oasis Petroleum Details Q2 Results, Ops; Adds $80MM to Budget
Oasis Petroleum Inc. announced financial and operating results for the second quarter of 2019. Recent Highlights: Delivered net cash provided by operating activities of $214.0 million and Adjusted EBITDA(1) of $249.6 million for the second quarter...
Oasis' Q1 Williston Drilling Down -30% YOY; Delaware Ops Up 100%
Oasis Petroleum Inc. reported its Q1 2019 results. Here are the highlights. Q1 Summary - Well Activity (net): Completed 9.2 wells -down -18% YOY Williston Basin: 7.1 net wells - down -30% YOY Delaware Basin: 2...
Oasis Cuts Spending, Rigs ~40% for 2019; Well Activity Down in Williston, Up in Delaware
In its recent investor presentation, Oasis Petroleum has outlined its operating plan for 2019. Cutting Rigs by Almost 40% YOY The company plans to operate a total of four rigs in 2019, a 38% reduction compared...
Oasis Petroleum Adds Finance Exec to Board
Oasis Petroleum has elected Paula D. Polito to Oasis' Board of Directors. Ms. Polito's election brings the number of directors to seven. Upon joining the Board of Directors on November 1, 2018, Paula was appointed as...
Oasis Petroleum's Borrowing Base Reaffirmed at $1.6B
Oasis Petroleum's lenders under its revolving credit agreement completed their regular semi-annual redetermination of the borrowing base, resulting in a reaffirmed borrowing base of $1.6 billion with elected commitments remaining at $1.35 billion. In addition, maturity...
Oasis Adds $80MM to Capex, Ups Guidance; Talks Williston, Delaware Basin Ops
Oasis Petroleum reported its Q2 2018 results. 2018 Capex Increased by $80MM; Production Up +28% YOY Oasis has increased 2018 CapEx by approximately $80 million focused on the Williston Basin. The planned budget for 2018 is...
Oasis Secures Second Permian Rig; Ups 2018 Guidance as Production Climbs
Oasis reported its Q1 2018 results. Highlights: - Q1 2018 production of 76.8 MBOEPD (up +22% YOY and up +5% from 4Q17) - Finalized entry into the Permian - Completed and placed on production 17 gross...
Oasis Petroleum to Drill +47% More Wells in 2018; Talks Budget, Plans
Oasis reported its Q4 and year end 2017 results. 2018 Plan - 2018 Capex: $815-855 million (up +11% from ~$750 million spent in 2017) Williston Basin - $700 million to $730 million Delaware Basin - $115...
Board Member for Oasis, RSP Permian Passes Away
Oasis has announced the unexpected death of its board member, Ted Collins Jr. Collins also served as a board member for RSP Permian. Collins was appointed to Oasis's Board of Directors in February 2011 and served...
Oasis Increases Frac Intensity in the Bakken; 50 Stages, 10MM Lbs Proppant
Oasis reported its Q3 2017 results. Highlights include: Completed and put online 24 (15.1 net) Bakken wells in Q3 Q3 Production: 66.1 MBOEPD (up +7% from Q2 2017) Bakken High Frac Intensity Boosts Results: Slickwater Frac...
Oasis On Target to Hit 72,000 BOEPD Exit Rate for 2017; Completed 15 Wells
Oasis reported its Q2 2017 results. Highlights include: Completed and placed on production 15 gross (10.8 net) operated wells in the Williston Basin in the second quarter of 2017, 60% of which were completed in June....
Williston E&P Increased Type Curves; Will Grow Rigs by 100% by Mid-Year
The company completed a total of...
Bakken E&P Doubling Rig Count in 2017; Four Rigs, $605MM Capex
The company plans to complete a total of...
Oasis Raises EURs For Bakken/Three Forks Wild Basin
Oasis Petroleum is reporting that the company updated its type curve for Wild Basin bakken and the wild basin three forks formation. With continued well performance the company now sees 1.5 MMboe up from 1.0 MMboe....