Operator
Silverbow Resources
39 articles mentioning Silverbow Resources · Page 2 of 2
Eagle Ford Operators Talk Fracking Restart, Increase Drilling & More
As the front months prices for WTI firms up, we are looking at what will drive Eagle Ford operators to resume increase drilling and start fracking wells again. We reviewed data from the most recent quarterly...
Silverbow Resources First Quarter 2020 Results
SilverBow Resources, Inc. announced revised full year plans and first quarter of 2020 operating and financial results. Strategic Highlights: Revised 2020 capital budget of $80-$95 million, a decrease of approximately 55% or $100 million, compared to...
April 2020 Update : Acquisition, Divestiture and Mergers Update
As a result in of the dramatic fall in prices we are seeing deals get re-negotiated. In this report, we looked at the latest A&D deals. Plus trends that includes total deals by quarter vs the...
Silverbow Cuts Capex 55% for 2020; Suspends D&C Activity
SilverBow Resources, Inc. has announced changes to its 2020 plan in response to the COVID-19 pandemic and the oil price slump. Cuts Capex 55%; Suspends D&C SilverBow suspended drilling and completions activity until commodity prices warrant...
Silverbow Ramping Up Liquids Output in 2020 Despite Capex, Completions Cut
Silverbow Resources has detailed its 2020 capital plan. 2020 Plans - Ramping Up Liquids Output The company is cutting its spending and completion activity by 27% and 10%, respectively. However, its liquids production is set to...
Silverbow CFO Resigns; Senior VP to Absorb Role
SilverBow Resources, Inc. announced the resignation of the Company's Executive Vice President and Chief Financial Officer, G. Gleeson Van Riet, effective November 11, 2019. Effective November 12, 2019, the Company appointed Christopher. M. Abundis as Chief...
Eagle Ford Gassy E&P Changes Strategy; Focusing On Oily Assets; 2020
SilverBow Resources, Inc. announced operating and financial results for the third quarter of 2019. 2020 Outlook; 30% Lower Capex, Oil Output Up While still finalizing the 2020 budget, the Company expects to increase oil production by...
Silverbow Resources Reports Q2 2019 Results
SilverBow Resources, Inc. announced operating and financial results for the second quarter of 2019. Highlights include: Net production averaged approximately 235 million cubic feet of natural gas equivalent per day ("MMcfe/d"), coming in above the high...
Silverbow Eyes 25% Output Growth for 2019 Despite 50% Rig Cut, Less Drilling
In a recent investor presentation, Silverbow Resources detailed its operating plan for 2019. Expects 25% Output Growth Despite Less Drilling, Rigs The company is cutting its rig and completion activity by 50% and 20%, respectively. However,...
Silverbow Drills Highest Proppant Intensity Well to Date; Production Jumps +20% from 2Q
SilverBow Resources reported its Q3 2018 results. Highlights: - Q3 production of 192 Mmcfe/d - up +20% from 2Q18 Drills Highest Proppant Intensity Well to Date In the third quarter, the Company completed an Uno Mas...
Silverbow Touts Huge Output Upswing in Early Q3; Ramps Up Eagle Ford Completions for 2H18
SilverBow Resources reported its Q2 2018 results. Production Ahead of Schedule - Huge Jump in July (+33%): - Q2 production of 160 MMcfe/d (flat from 1Q18 and up +10% YOY) Current production of ~200 Mmcfe/d representing...
Silverbow Drills Largest Pad to Date in Q1; Plans to Add Rig, Ramp Up Drilling in 2H
Silverbow Resources reported its Q1 2018 results. Highlights: - Q1 2018 production of 161 Mmcfe/d (down -9% from 4Q17 and up +18% YOY) - Spud ten gross (eight net) wells while completing six gross (four net)...
Silverbow Drilling 80% More Wells in 2018; Talks Capex, Q4 Results
SilverBow reported its Q4 and full year 2017 results and its 2018 outlook. 2018 Plans - 2018 Capex: $245-265 million (up +21% from $210 million spent in 2017) D&C: $175-185 million Leasing/Land: $25-30 million Facilities/Other: $45-50...
Silverbow Spending 21% More in 2018; Eyes +30% Production Growth
Silverbow has detailed its 2018 capital plan. The company's operations are focused in the Eagle Ford. Highlights: - 2018 Capex: $245-265 million (up +21% from $210 million spent in 2017) D&C Capex (70%): $171.50-185.5 million Other...
SilverBow's Fasken Eagle Ford Wells Exceed 14 Bcf Type Curve; Adds Acreage
SilverBow Resources reported its Q3 2017 results. Highlights include: Added to Acreage Position: Added approximately 28,000 net acres since Q1. SilverBow now has over 91,000 net acres in the core Eagle Ford gas fairway. Q3 Production:...
SilverBow Steven Adams New COO
SilverBow Resources has appointed Steven W. Adams as its new COO. Adams is succeeding Robert J. Banks who is separating from the Company to pursue other endeavors.
Silverbow Boosts Proppant Load in the Eagle Ford; 3,400 Pounds per Foot
SilverBow Resources reported that its Oro Grande NMC 1-H well in the Eagle Ford has hit an IP90 of 940 MMcfe. The well is currently producing 11 MMcfe/d. The well has a lateral length of 7,500'...
Silverbow Eagle Ford Gen3 Completions Outperforming Type Curve
Eagle Ford-focused Silverbow Resources reported its Q2 2017 results. Highlights from its call / release include: - Net production averaged 146 Mmcfe/d which was above the high end of guidance - The Company reiterated its 2017...
As Q1 Results Impress, Operators Ramp Up 2017 Guidances, Capex
Most companies updated either production or capital expenditures, but not usually both.