Operator · Bone Spring, Cana - Woodford Shale & Permian Basin
Cimarex Energy Co.
80 articles mentioning Cimarex Energy Co. · Page 2 of 4
Cimarex Appoints New Board Member as Former Director Retires
Cimarex Energy Co. announced the retirement of Michael J. Sullivan from its Board of Directors and the appointment of Kathleen A. Hogenson as an independent director of Cimarex effective September 30, 2019. About Hogenson: Ms. Hogenson...
Here are the Operators Cutting Activity in 2H 2019
As Q2 reports are released, are pulling together highlights from company conference calls. Here are the notable items from several E&P's calls including Concho Resources, Cimarex, Callon, Southwestern, EOG, and Pioneer. Many companies have been reducing...
Cimarex Announces Q2 2019 Results
Cimarex Energy Co. reported its Q2 2019 results. Operations Update Cimarex invested $325 million in E&D during the second quarter, 83 percent in the Permian Basin and 17 percent in the Mid-Continent. Cimarex brought 110 gross...
Cimarex's Permian Spending Up ~50% YOY at MidCon's Expense; Drilling Activity Drops
Cimarex Energy reported its Q1 2019 results. Here are the highlights from its report and presentation. Q1 Summary: Permian Spending Up, Drilling / Rigs Down - Q1 Spend: Cimarex invested $368 million in E&D during the...
Cimarex Announces Changes to Board of Directors
Cimarex Energy Co. announced the retirement of David A. Hentschel from its Board of Directors and the appointment of Paul N. Eckley as an independent director of Cimarex effective May 31, 2019. Mr. Eckley will be...
Cimarex Cuts MidCon Capex in Favor of the Permian for 2019; Budget Down 11% YOY
Cimarex Energy Co. detailed its 2019 capital plan. *The budget is based on $50-55 / barrel WTI On the whole, Cimarex has significantly reduced its Midcontinent spending in favor of the Permian, which is up +3%...
Cimarex Touts 5,000 BOEPD Wolfcamp Well in Q3; Talks Spacing Pilot
Cimarex Energy reported its Q3 2018 results. Cimarex recently struck a deal to acquire Permian-focused Resolute Energy for $1.6 billion. Highlights: - Daily production averaged 218.6 MBOE/d - up +15% YOY and up +3% from 2Q18...
Cimarex Preps to Double Drilling Activity in Q3; Talks Permian Infill Pilot Results
Cimarex Energy reported its Q2 2018 results. Prepping for Most Active Drilling Quarter Cimarex's Q3 will be its most active of the year in terms of drilling - the company will be drilling over +100% more...
Cimarex Development Program 13 Rigs, 5 Completion Crews; 206 Mboe/d
Cimarex Energy reported its Q1 2018 results including production and drilling / well activity in the Delaware Basin / Permian Basin Avalon, Wolfcamp and Bone Spring as well as the MidContinent Anadarko Basin STACK.
Cimarex Upping Spending Nearly 30% for 2018; Talks Drilling Plans
Cimarex detailed its 2018 guidance. Details: - 2018 Capex: $1.68-1.79 billion - up 29% from 2017 Exploration & Development: $1.6-1.7 billion ($1.3-1.4B for D&C only - 70% Permian / 30% MidContinent) Midstream / Other Infrastructure: $80-90...
Cimarex Raises Production Guidance +5%; Testing New Spacing in the MidCon
Cimarex Energy reported its Q3 2017 results. Highlights from its call / release include: Daily Production averaged 1,143 MMcfe (190.5 MBOE) Full-year 2017 production guidance raised to 1,134 - 1,147 MMcfe (up 5% from original forecast...
Cimarex Upper Wolfcamp Wells Outperforming Type Curve; Downspacing Woodford
Cimarex reported its Q2 2017 results. Highlights from its call / release include: - Cimarex is maintaining its estimated 2017 budget at $1.1 1.2 billion for 2017 - Production guidance increased: Daily production for 2017 is...
Cimarex Testing 12 Wells/Section in Upper Wolfcamp; Proppant Load Increased
Cimarex has reported its Q1 2017 results and highlights from its conference call / release include:
Cimarex Ups Capex 56% to $1.2B; 18 Rigs Active by Year-End 2017
Cimarex Energy has detailed its 2017 capital budget.
Operator Details 2017 Drilling Plans; Focused on STACK/SCOOP, Permian
Cimarex Energy Co. third quarter 2016 operational and financial results and provided guidance for the fourth quarter and full-year 2016. Capital Expenditure: Production: Total company production averaged 947 MMcfe per day during Q3 2016, slightly below...
Permian Basin Well Cost Comparison
Shale Experts took a quick look at operators and their D&C costs for Permian (Midland and Delaware basin) basin exploration & Development programs. Lets take a look at the red hot Delaware Basin and Midland basins...
Operator Well Flows 1900 BOPD in Blaine County; Slickwater Frac
The well reported a flow rate of...
STACK, Permian E&P Ups Capex Again; Adds Fifth Rig to Fuel More Drilling
Capital investment for exploration and development is now estimated to be...
Cimarex to Retire 50% of Rigs by 2H16; Adds to Budget for Woodford Ops
Cimarex reported a first quarter 2016 net loss of $186.1 million, or $2.00 per share.
Operator Pushing the Limits with 15,000' Laterals in the MidContinent
Even in this price environment, the company continues to push the barriers of technology. They are currently testing new frac plugs that will allow for the completion of 15,000 ft laterals