E & P News
Chevron Fourth Quarter, Full Year 2021 Results
Chevron Corp. reported its Q4 and full year 2021 results. The company reported earnings of $5.1 billion ($2.63 per share - diluted) for fourth quarter 2021, compared with…
Riley Exploration Permian Bolsters Board; Adds PE Exec as Director
Riley Exploration Permian, Inc. announced that its Board of Directors increased the size of the Board from five to six members and appointed Rebecca (Becky) L. Bayless as…
Murphy Oil Details 2022 Capital Plan; Spending Up 29% vs. 2021
Murphy Oil Corp. has reported its 2022 capital plans. 2022 Capital Guidance & Plans - Capex: $840-$890 million with full year (up 29% at the midpoint vs. 2021)…
CNX Makes Management Changes, Adds New Board Member
CNX Resources Corp. announced the addition of a new member of the Company's Board of Directors and the strengthening of its Executive Management Team. Additions to the CNX…
Hess 2022 Budget: Bets Bulk on Three Rig Bakken Program, Guyana Ops
Hess Corp. announced its 2022 Exploration & Production capital and exploratory budget. 2022 Details: - Capex of $2.6 billion, of which approximately 80% will be allocated to Guyana…
Murphy Oil Corp. Fourth Quarter, Full Year 2021 Results
Murphy Oil Corp. announced its financial and operating results for the fourth quarter ended December 31, 2021. Murphy reported 4Q21 net income attributable to Murphy of $168 million,…
Hess Details Q4 2021 Results; Financials, Production, Bakken Summary
Hess Corp. reported its preliminary 4Q 2021 results. The company reported net income of $265 million, or $0.85 per share, in the fourth quarter of 2021, compared with…
Chesapeake Taps Former Conoco Exec as New COO
Chesapeake Energy Corp. announced that Josh Viets has been appointed Executive Vice President and Chief Operating Officer, effective February 1, 2022. About Viets: For the last 20 years,…
Chesapeake Raises 2022 Budget on Heels of Chief Acquisition; Adds Rigs
Chesapeake Energy has updated its 2022 guidance/outlook on the heels of its dual deal announcements made on January 25, 2022. 2022 Plans Updated capex of $1.5-1.8 billion -…
Royal Dutch Shell Changes Name to Shell plc
Shell plc has confirmed its name has changed from Royal Dutch Shell plc to Shell plc. Shell announced the Board's decision to change its name to Shell plc…
Crescent Energy Unveils Eagle Ford-Focused 2022 Capex, D&C Program
Crescent Energy Co. provided initial 2022 guidance as well as its proved reserves and hedge portfolio. 2022 Guidance Capex: $375-425 million Production: 114-124 MBOEPD D&C Plans: 32-38 gross…
Continental's President/COO to Retire; Former Chesapeake CEO Lawler Joins Team
Continental Resources, Inc. announced upcoming organizational changes. Jack Stark, the Company's President and Chief Operating Officer, has announced his intention to retire by late Spring 2022. Upon retirement,…
Kosmos Strikes Oil at Winterfell Appraisal Well; 100 MMBO Gross Estimate
Kosmos Energy reported the completion of the drilling of the Winterfell-2 appraisal well on Block 943 in the Green Canyon area of the U.S. Gulf of Mexico. The…
Continental Resources Makes Two Executive Promotions
Continental Resources Inc. announced the promotions of two of the Company's key leaders. Shelly Lambertz has been promoted to Executive Vice President, Chief Culture and Administrative Officer. John…
Exxon Puts Gas-Heavy Appalachian Assets Up for Sale
ExxonMobil has placed its Ohio Utica shale assets up for grabs, according to a report by Nasdaq. Per marketing documents viewed by Reuters, the assets, which are located…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |