E & P News

Comstock Rides Higher Gas Prices, Operational Momentum in Q2 2025
Comstock Resources delivered a resilient second quarter, capitalizing on higher natural gas prices and solid well results across the Haynesville and Bossier plays. The company reported strong production…

A Quarter of Quiet Strength: CNX’s Patient Ascent in Appalachia
In the heart of Appalachia, CNX Resources continued to methodically execute on a playbook built for resilience and long-term value. Q2 2025 marked the company’s 22nd consecutive quarter…

Liberty Energy: Navigating the Frac Downturn with Efficiency, Innovation, and Strategic Focus
As the U.S. completions market enters a slower second half of 2025, Liberty Energy is writing its own chapter—one of resiliency, technical evolution, and bold repositioning. While many…

EQT's Completion Efficiency Drove Outperformance In 2Q
In a quarter defined by discipline, scale, and precision, EQT delivered a standout second-quarter 2025 performance, underscored by record-breaking completion efficiency, a well-timed strategic acquisition, and a surge…

Vermillion Closes Saskatchewan Asset Sale
Vermilion Energy has completed the sale of its non-core Saskatchewan and Manitoba light oil assets for gross proceeds of $415 million. The divested assets produced approximately 10,500 boe/d…

Coterra’s Strategic Pivot: Realigning Rig Activity and Capital Deployment in 2025
As commodity markets present new challenges and opportunities, Coterra Energy has taken a disciplined and flexible approach to capital allocation across its diversified asset base. A closer look…

GeoPark Terminates Vaca-Muerta Acquisition
GeoPark Limited said that the previously disclosed transaction to acquire a non-operated working interest in four unconventional blocks in Vaca Muerta, Argentina, has been terminated. The counterparty, Phoenix…

MEG Energy Rejects Strathcona Resources' $6 Billion Takeover Offer
MEG Energy Rejects Strathcona Resources' $6 Billion Takeover Offer Overview of the Offer: Bidder: Strathcona Resources Ltd. Offer: 0.62 Strathcona shares + $4.10 in cash per MEG share…

Vital Energy Ramps Up Output with Lean Frac Strategy
Operational Activity – FY 2025 Rig and Frac Crew Deployment Vital Energy is running: 5.2 rigs total: 3.4 rigs in the Delaware Basin 1.8 rigs in the Midland…

Gulfport Touts Super Long Lateral and Strategic Pivot To Gas Asset
Gulfport Energy Corporation kicked off 2025 with a quarter of operational precision, pricing strength, and clear strategic intent — setting the stage for a transformative year ahead. From…

Comstock Delivers Strong Q1 2025 — Olajuwon Pickens #1 Steals the Spotlight
Comstock Resources entered 2025 with renewed momentum as it resumed completions and posted a solid financial and operational performance in the first quarter — but it was the…

Kayne Anderson Backs Terra Energy Partners II with $300M to Pursue Large U.S. Energy Assets
Buyer Leadership: CEO: BJ Reynolds COO: Wes Hobbs Financial Sponsor: Kayne Private Energy Income Fund III, L.P. (managed by Kayne Anderson Capital Advisors, L.P.) Equity Commitment: Over $300…

Coterra Energy – 2025 Development Summary
Strategic Focus Coterra’s 2025 development program emphasizes: Capital discipline Balanced exposure to oil and gas markets Efficient multi-basin operations High-return well inventory utilization The company plans to maintain…

EQT Provides an Update on Rigs & Frac Crews, Post Recent Transaction
All guidance items exclude the impact of the pending Olympus Energy Acquisition. 2025 Guidance Production Q2 2025 Full Year 2025 Total sales volume (Bcfe) 520 – 570 2,200…

Civitas Provides Update on Current Rigs & Frac Crews
Second Quarter Outlook The Company has reiterated its full year guidance for 2025. For the second quarter, Civitas anticipates approximately five percent oil volume growth at the midpoint…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |