E & P News
Whiting Talks 2022; Ups Spending Over 50%, Two-Rig Program
Whiting Petroleum Corp. has detailed its 2022 outlook following alongside their recently announced acquisition in the Bakken. 2022 Plan Capex: $360-400 million - up 58% at the midpoint…
Vitol, ATX Form New E&P; Focus on Delaware, Williston Basins
Vitol and the management of ATX Energy Partners LLC are pleased to announce the formation of VTX Energy Partners LLC. Gene Shepherd, CEO of VTX Energy Partners stated,…
APA Corp. Adds Retired Military Lt. General to Board of Directors
APA Corp. announced the appointment of Retired Lieutenant General Charles Hooper to its board of directors. General Hooper will serve on the Corporate Responsibility, Governance, and Nominating Committee…
Enerplus Talks 4Q21 Results, 2022 Plans; Will Divest Canadian Assets
Enerplus Corp. announced preliminary fourth quarter and full year 2021 production and capital spending, along with plans to initiate a divestment process for its Canadian assets. In addition,…
ConocoPhillips Fourth Quarter, Full Year 2021 Results
ConocoPhillips reported its fourth quarter and full year 2021 results. The company reported fourth-quarter 2021 earnings of $2.6 billion, or $1.98 per share, compared with a fourth-quarter 2020…
PDC Energy Adds New Director to Board
PDC Energy Inc. has appointed Pamela R. Butcher to its board of directors on February 2, 2022. About Butcher: Ms. Butcher brings nearly 40 years of leadership experience…
W&T Offshore Finalizes Acquisition of GOM Properties
W&T Offshore, Inc. has closed its previously announced acquisition of oil and gas producing properties in Federal shallow waters in the central region of the Gulf of Mexico…
Oasis Midstream Finalizes Merger with Crestwood Equity
Oasis Petroleum Inc. announced the closing of the previously announced merger between Oasis Midstream Partners LP and Crestwood Equity Partners LP. Concurrent with the closing of the OMP-Crestwood…
Civitas Ups 2022 on Heels of Bison Acquisition; ~$960MM Capex
Civitas Resources has detailed its 2022 capital plan as well as its updated hedges after announcing its agreement to acquire Bison Oil & Gas II. Preliminary 2022 Pro…
ExxonMobil Fourth Quarter, Full Year 2021 Results
ExxonMobil Corp. reported its fourth quarter and full year 2021 results. Highlights: Generates $48 billion of cash flow from operating activities, the highest level since 2012, more than…
Civita Resources CEO Steps Down; Chairman to Take Helm as Interim
Civitas Resources has detailed a CEO transition plan. Civitas announced that Eric Greager has stepped down as President and Chief Executive Officer, effective January 31, 2022. Civitas’ Chairman,…
ExxonMobil to Relocate HQ to Houston; Streamline Businesses
ExxonMobil is streamlining its business structure through several measures. This change will also consolidate the Upstream into a single organization, ExxonMobil Upstream Company, which will be led by…
Earthstone Energy Details 2022 Capital Plan (Pro Forma Acquisitions)
Earthstone Energy has outlined its 2022 capital plan - pro forma its acquisitions of Chisholm and Bighorn Permian. 2022 Plan: Capex: $410-440 million Production: 76-80 mboepd Earthstone spent…
Northern Oil Seals $406MM Deal for Veritas' Permian Portfolio
Northern Oil and Gas Inc. has closed its previously announced acquisition of non-operated Permian Basin assets from Veritas Energy. Nick O'Grady, NOG's Chief Executive Officer, said: "The Veritas…
ExxonMobil Taps New VP of Investor Relations as Littleton Retires
ExxonMobil reported that Jennifer Driscoll has been appointed vice president of investor relations, effective Feb. 7, replacing Stephen Littleton, who has elected to retire after 30 years of…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |