E & P News
Vine Energy Touts Record Drill Time for Latest Bossier Well
Vine Energy Inc. has concluded the drilling phase of the longest onshore horizontal well in the State of Louisiana. The CHKMIN 20-29-32HC-01 ALT was recently drilled in Sabine…
Range Resources Third Quarter 2021 Results
Range Resources Corp. announced its third quarter 2021 financial results. Highlights: Realizations before index hedges of $4.37 per mcfe, or approximately $0.36 above NYMEX natural gas Pre-hedge NGL…
Hess Corp. Third Quarter 2021 Results
Hess Corp. reported its Q3 2021 results. Hess reported net income of $115 million, or $0.37 per common share, in the third quarter of 2021, compared with a…
Continental's Q3 Production Dips Slightly vs. Q2; Touts Record Free Cash Flow
Continental Resources Inc. announced its third quarter 2021 production results and record free cash flow. Q3 Production Down Slightly vs. Q2 Third quarter 2021 total production averaged approximately…
PrairieSky Royalty Third Quarter 2021 Results
PrairieSky Royalty Ltd. reported its Q3 2021 results. PrairieSky is also pleased to announce an extension and expansion of the Company’s credit facility which has been reconstituted as…
Whitecap Resources Inks MOU for Carbon Capture Storage
Whitecap Resources Inc. has signed a memorandum of understanding (MOU) with Federated Co-operatives Limited (FCL) to use Whitecap’s expertise in carbon capture utilization and storage (“CCUS”) to assist…
Oasis Wraps Up Deal for Williston Assets; Borrowing Base Jumps to $900MM
Oasis Petroleum Inc. has completed the previously announced strategic acquisition of Williston Basin assets from Diamondback Energy. Borrowing Base Increased Over 100% Oasis also announced the lenders under…
Vermilion Adds Former Jagged Peak CEO to Board
Vermilion Energy Inc. reported the appointment of Mr. James J. Kleckner Jr. to our Board of Directors. About Kleckner: Mr. Kleckner has more than 35 years of experience…
Whitecap Resources Unveils 2022 Budget; Up 12% vs. 2021
Whitecap Resources Inc. has unveiled its 2022 budget, an accelerated fourth quarter 2021 capital program and 38% increase to its dividend. The company plans to spend 12% more…
Talos, Technip Partner for Carbon Capture, Storage Project
Talos Energy Inc. and TechnipFMC have entered into a long-term strategic alliance to develop and deliver technical and commercial solutions to Carbon Capture and Storage ("CCS") projects along…
Matador Adds Fifth Rig in Delaware Basin to Drill SWD Well
Matador Resources Co. provided a brief operational update. In August 2021, Matador began operating a fifth operated drilling rig on behalf of its midstream affiliate, San Mateo Midstream,…
Ranger/Penn Virginia Provides Production Update
Ranger Oil Co formerly known as Penn Virgina announced an operational update. Preliminary Third Quarter 2021 Operational and Financial Update The operational and financial results below represent results…
Altura Rebrands as Tenaz Energy; Unveils New Management, Board
Altura Energy Inc. has entered into a definitive reorganization and investment agreement which will include the formation of a new board and management team. Upon completion of the…
ExxonMobil Ups Estimate of Stabroek Block to 10 Billion BOE
ExxonMobil has increased its estimate of the discovered recoverable resource for the Stabroek Block offshore Guyana to approximately 10 billion oil-equivalent barrels. The updated resource estimate includes a…
New President/CEO Takes Helm of Chesapeake Energy Corp.
Chesapeake Energy Corp.'s board has unanimously voted to appoint Domenic "Nick" Dell'Osso as President and Chief Executive Officer and a member of the company's Board of Directors, effective…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |