E & P News

Crescent Point Energy Second Quarter 2022 Results
Crescent Point Energy Corp. reported its operating and financial results for the quarter ended June 30, 2022. Key Highlights: Generated approximately $380 million of excess cash flow in…

Hess Corp. Second Quarter 2022 Results
Hess Corp. reported its 2Q 2022 results. Hess reported net income of $667 million, or $2.15 per common share, in the second quarter of 2022, compared with a…

Exxon Makes Dual Discoveries at Liza, Payara Prospects Offshore Guyana
ExxonMobil has made two new discoveries offshore Guyana to the southeast of the Liza and Payara developments in the Stabroek block. The discoveries at Seabob and Kiru-Kiru are…

Range Resources Second Quarter 2022 Results
Range Resources Corp. announced its second quarter 2022 financial results. Second Quarter 2022 Highlights: Realizations before NYMEX hedges of $7.18 per mcfe, highest since 2008 Natural gas differentials,…

Civitas Resources Shuffles Management Team
Civitas Resources, Inc. announced that Brad Johnson and Brian Kuck are joining the Company's leadership team and that Dean Tinsley, Senior Vice President, Operations, will be stepping down.…

Shell to Move Forward with Jackdaw Gas Field Project in UK North Sea
BG International Limited, an affiliate of Shell U.K. Limited, has taken the final investment decision (FID) to develop the Jackdaw gas field in the UK North Sea, following…

Devon Wraps Up $865MM Williston Basin Bolt-On Acquisition
Devon Energy Corp. has completed its previously announced acquisition of the leasehold interest and related assets of RimRock Oil and Gas, LP in the Williston Basin for a…

Pioneer Adds Capital Group Exec to Board of Directors
Pioneer Natural Resources Co. announced the addition of Jacinto Hernandez to the Company's Board of Directors. About Hernandez: Mr. Hernandez brings over twenty-two years of experience at Capital…

Talos Details Preliminary Q2 Estimates; 65 MBOEPD in Production
Talos Energy Inc. provided select estimated operational and financial results for the second quarter of 2022. Preliminary 2Q Estimated Results: Average daily production between 65.0 and 65.5 MBOEPD,…

APA Corp. Chairman Retires; McKay Tapped as Successor
APA Corp. announced the election of H. Lamar McKay as the next chairman of the board. This follows the announcement by current chairman John E. Lowe of his…

Evolution Petroleum President & CEO Departs Company
Evolution Petroleum reported that its President and Chief Executive Officer, Jason Brown, is departing the Company in order to pursue other opportunities. The Board of Directors has elected…

Whiting, Oasis Seal $6.0B Merger Deal; Form Chord Energy
Chord Energy Corp. has announced the successful completion of the combination of Whiting Petroleum Corp. and Oasis Petroleum Inc., creating a scaled unconventional U.S. oil producer with a…

Civitas Brings On New Chief Legal Officer
Civitas Resources Inc. announced the retirement of Cyrus (Skip) Marter and the appointment of Travis Counts as the Company's new Chief Legal Officer. Skip Marter, the Company's General…

Laredo Petroleum Adds Two New Directors to Board
Laredo Petroleum Inc. announced that John Driver and Shihab Kuran have been appointed as independent members of its Board of Directors, effective June 24, 2022. About Driver: Mr.…

APA Corp. Hits Pay at Krabdagu Exploration Well Offshore Suriname
APA Corp. announced flow test results from the Krabdagu exploration well (KBD-1) on Block 58 offshore Suriname. APA Suriname holds a 50% working interest in the block, with…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |