E & P News
SandRidge Energy Fourth Quarter, Full Year 2021 Results
SandRidge Energy, Inc. announced financial and operational results for the quarter and fiscal year ended December 31, 2021. Recent Highlights: 2021 net cash(1) increased by $131.3 million year-over-year…
Crescent Energy Fourth Quarter, Full Year 2021 Results
Crescent Energy Co. announced actual and pro forma financial and operational results for 2021. Pro forma 2021 financial and operational results are related to the business combination (the…
Murphy Oil CFO to Retire; Mireles Tapped as Successor
Murphy Oil Corp. announced that David R. Looney plans to retire from the company and will relinquish his position as Executive Vice President and Chief Financial Officer on…
W&T Offshore Promotes Williford to COO Role
W&T Offshore, Inc. announced the promotion of William J. Williford to Executive Vice President and Chief Operating Officer. About Williford: William J. Williford joined W&T in June 2006…
Chesapeake Finalizes Acquisition of Chief E&D Holdings
Chesapeake Energy Corp. has completed its previously announced acquisition of Chief E&D Holdings LP and associated non-operated interests held by affiliates of Tug Hill, Inc. Nick Dell'Osso, Chesapeake's…
Ranger Oil Promotes Gwaltney to Chief Operating Officer
Ranger Oil Corp. reported the promotion of Julia Gwaltney to the role of Senior Vice President and Chief Operating Officer effective immediately. Ms. Gwaltney joined the Company in…
Energy Firms Exit Russian Projects En Masse, Citing Ukraine Invasion (Updated 3/4/22)
This week, several energy companies have announced that they will be abandoning projects tied with Russia in protest of the country's invasion of Ukraine. Several other firms who…
Crescent Point Energy Fourth Quarter, Full Year 2021 Results
Crescent Point Energy Corp. reported its operating and financial results for the year ended December 31, 2021 and increased share repurchases. Key Highlights: Generated over $785 million of…
Enerplus Bets on Bakken for 2022; Drill 50 Wells, 1.5 Rigs
Enerplus Corp. reported its 2022 capital plan and guidance. 2022 Plan - Capex: $370-430 million - up 33% vs. 2021 - Capex by Play Bakken (83%): $307-357 million…
Operator Ramps Up 2022 Permian Spending by 65%; Nine Rigs, 315 Completions
Occidental Petroleum detailed its 2022 capital plan and guidance. 2022 Plan - Capex: $3.9-4.3 billion - up 43% vs. 2021 Oil and Gas D&C: $3.2-3.4 billion - up…
Eagle Ford E&P Boosts D&C Activity 83% vs. 2021; 33 Spuds, 30 Completions
Silverbow Resources reported its 2022 capital plan and guidance. 2022 Plan - Capex: $180-200 million - up 45% vs. 2021 D&C: $166-184 million Other: $14-16 million - Rigs…
ConocoPhillips Finalizes Sale of Indonesian Assets to MedcoEnergi for $1.355B
ConocoPhillips has completed the sale of the subsidiary that indirectly owns its 54% interest in the Indonesia Corridor Block Production Sharing Contract (PSC) and a 35% shareholding interest…
Enerplus Corp. Fourth Quarter, Full Year 2021 Results
Enerplus Corp. reported its fourth quarter and full year 2021 results. Enerplus reported fourth quarter 2021 cash flow from operating activities and adjusted funds flow(1) of $283.5 million…
Silverbow Resources Fourth Quarter, Full Year 2021 Results
SilverBow Resources, Inc. announced operating and financial results for the fourth quarter and full year 2021. Highlights include: Reported net production of 250 million cubic feet of natural…
Northern Oil Best Bulk of 2022 Capex on Permian, Bakken; 50 Completions Planned
Northern Oil and Gas reported its 2022 capital plan and guidance. 2022 Plan - Capex: $350-415 million - up 51% vs. 2021 D&C Capex by Play Williston Basin…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |