E & P News
Top Haynesville E&P Cuts 2023 Drilling Program By 22%
Comstock provided an updated 2023 development program. As we continue to see from numerous operators, capex either mostly unchanged while wells online / drilling is being reduced. We…
Operator Ups Eagle Ford 2023 Capital & Well Program +47% Y/Y
Murhpy provided an updated 2023 development. The plan calls for an increase in activing in the Eagle Ford, and Total Capex.strong>Eagle FordIn the Eagle Ford, the company is…
Hess Increases Capex + 42%; Bakken Development Up +40%
Hess provided a look at its 2023 development program. The company plans include increasing the bakken development program by 39%. The company will see well count increase to…
E&P Companies Talk Increase In 2023 Plans; Rigs, Frac Crews and Capital Budgets
Updated : 11/15/2022 EOG Resources Drilling Activity : 28-30 Rigs Frac : 8-10 Frac Crews "Through their efforts, we now expect our average well cost to increase a…
Civitas Resources Third Quarter 2022 Results
Civitas Resources, Inc. announced its third quarter 2022 financial and operating results. Third Quarter 2022 Highlights: Average daily sales volumes of 176.3 thousand barrels of oil equivalent per…
ExxonMobil Brings On New VP / Treasurer
ExxonMobil reported that Jim Chapman has been appointed vice president, Tax and Treasurer, effective November 28, 2022. Chapman replaces Jaime Spellings, who has elected to retire after 31…
Murphy Oil Third Quarter 2022 Results
Murphy Oil Corp. announced its financial and operating results for the third quarter 2022. Murphy reported net income attributable to Murphy of $528 million, or $3.36 per diluted…
ConocoPhillips Third Quarter 2022 Results
ConocoPhillips reported its third quarter 2022 results. The company reported third-quarter 2022 earnings of $4.5 billion, or $3.55 per share, compared with third-quarter 2021 earnings of $2.4 billion,…
California Resources Third Quarter 2022 Results
California Resources Corp. reported third quarter 2022 operational and financial results. Mac McFarland, CRC's President and Chief Executive Officer, said: "CRC's strong financial performance, coupled with our consistent…
Coterra Energy Third Quarter 2022 Results
Coterra Energy Inc. reported third-quarter 2022 financial and operating results. Thomas E. Jorden, Chief Executive Officer and President, commented, "Coterra continues to execute and has delivered another strong…
SM Energy Third Quarter 2022 Results
SM Energy Co. announced operating and financial results for the third quarter 2022 and provided certain fourth quarter and full year 2022 guidance. Highlights include: Driving profitability. Net…
Laredo Petroleum Third Quarter 2022 Results
Laredo Petroleum, Inc. reported its third quarter 2022 results. Third-Quarter 2022 Highlights: Reported net income of $337.5 million and cash flows from operating activities of $182.6 million, generating…
Enerplus Corp. Third Quarter 2022 Results
Enerplus Corp. announced financial and operating results for the third quarter of 2022, a 10% increase to its quarterly dividend to $0.055 per share and updated 2022 guidance.…
EOG Resources Third Quarter 2022 Results
EOG Resources, Inc. reported third quarter 2022 results. Third Quarter 2022 Highlights: Announced 395,000 net acre position in the Ohio Utica Shale Declared regular quarterly dividend of $0.825…
Ranger Oil Corp. Third Quarter 2022 Results
Ranger Oil Corporation announced financial and operational results for the third quarter of 2022. Third Quarter Highlights: Exceeded high end of guidance for total sales volumes at 42.6…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |