Operator · Utica Shale
PDC Energy, Inc.
80 articles mentioning PDC Energy, Inc. · Page 4 of 4
PDC Energy to Offer Four Million Shares of Stock
BofA Merrill Lynch and J.P. Morgan are acting as joint book-running managers for the offering.
2016 Company Hedge Market Report
Contrary to popular belief, there is still a significant amount of production hedged by North American E&P's throughout 2016.
PDC Grows Production 65% in 2015; Reports 2015 Financial Results
Achieved 65% production growth from continuing operations over 2014 to 15.4 million barrels of oil equivalent, or 42,100 barrels of oil equivalent per day.
PDC Downspacing Wattenberg Wells; Ups Proved Reserves
2015 production of 15.4 MMBoe representing 65% year-over-year growth and exceeding top-end of guidance
PDC Eyes 160 Completions & 135 New Spuds In 2016
PDC Energy yesterday provided a forecast for its 2016 drilling, completions and capital allocation plans.
PDC IDs $475MM Budget for 2016; Wattenberg Focus
The Company remains very flexible in terms of rig activity and capital deployment due to short-term rig contracts and held-by-production acreage.
PDC Spuds 53 Wattenberg Wells in 3Q; Ups Production 29%
Production of 47,017 Boe per day; 84% increase compared to the third quarter of 2014 and 27% growth compared to the second quarter of 2015.
Operator IDs 2016-2017 Best Case; Cuts Utica Ops in Favor of Wattenberg
The company unveiled its three-year plan, IDing its best case scenario forecasts for 2016 and 2017. This includes cutting Utica operations in favor of the Wattenberg.
Redetermination Season: Winners and Losers
While a select few are getting a boost to their credit facilities, the majority of companies are reporting unchanged or decreased redeterminations.
PDC Reaffirms Borrowing Base at $700 Million
The borrowing base has been re-affirmed at $700 million of which the Company has elected to keep its commitment level at $450 million.
PDC Aiming for 10-Day Drill Times in the Wattenberg
PDC Energy Inc. is seeing 30% faster drilling times in the Wattenberg due to operational efficiencies which includes the use of automated drilling rigs (ADRs).
PDC Energy Sees Gains from New Wattenberg Completion Design
PDC Energy has detailed the progress on its enhanced completions and extended-reach laterals (ERLs) in the Wattenberg Field.
PDC's Utica Cole Wells Outperform; Cuts Wattenberg Drill Times
Improved drilling efficiencies, resulting in an approximate 30% increase in expected wells spud to approximately 155 with an estimated 125 turn-in-lines.
PDC Talks Wattenberg Spacing Pilot; Improved Utica Design
Production of 32,162 Boe per day; 41% increase year-over-year and 15% growth compared to fourth quarter of 2014.
PDC Bets on Plug-N-Perf, Further Downspacing in the Wattenberg
PDC Energy Inc. has detailed the latest developments on its downspacing pilot as well as an enhanced completion design strategy in the Wattenberg Field.
PDC Energy Prices Public Offering of Stock
The offering is expected to close on or around March 23, 2015.
PDC Energy Trims 2015 Budget; Will Sustain Rig Count
PDC's 2015 updated capital budget is approximately $473 million, a decrease of 15% compared to its previously announced $557 million.
PDC's Wattenberg, Utica Ops Boost Production 51%
PDC's full-year 2014 production was approximately 9.3 MMBoe or 25,460 Boe per day from its continuing operations in Wattenberg and Utica, a 51% increase compared to 2013.
Who's Hedged in 2015? Part 2
2015 is a good year to be aggressively hedged.
PDC Sending $400 Millon to Wattenberg; No Utica Rigs
PDC estimates its 2014 production exit rate to be approximately 32,500 Boe per day and its full-year 2014 production volumes to be within its guidance range of 9.3 to 9.5 MMoe.