E & P News
CNOOC's Q1 Production Up 5% YOY at 137.7 MMBOE
CNOOC Limited announced its key operational statistics for the first quarter of 2021. The Company achieved a total net production of 137.7 MMBOE for the first quarter of…
Equinor Wraps Up Sale of Bakken Assets to PE-Backed Grayson Mill
Equinor has finalized its $900MM sale of its Bakken assets to EnCap-backed Grayson Mill Energy. The deal was initially announced on February 10, 2021 and it marks Equinor's…
Exxon Strikes Oil at Uaru-2 Well Offshore Guyana; 9.0 Billion BOE
ExxonMobil and its partner, Hess Corp., have made an oil discovery at the Uaru-2 well in the Stabroek Block offshore Guyana. Uaru-2 will add to the previously announced…
Chesapeake CEO Doug Lawler Departs Company; Chairman Takes Helm
Chesapeake Energy Corp. announced the departure of Doug Lawler from his position as Chief Executive Officer of Chesapeake, effective April 30, 2021. No further details regarding Lawler's departure…
Range Resources First Quarter 2021 Results
Range Resources Corp. announced its first quarter 2021 financial results. Highlights: Realizations before index hedges of $3.20 per mcfe, or approximately $0.51 above NYMEX natural gas Pre-hedge NGL…
Silverbow Touts First Webb County Austin Chalk IP; 12.9 Mmcfe/d
SilverBow Resources Inc. provided an operational and financial update including the successful extension of its senior secured revolving credit facility. Operational Update SilverBow's first Webb County Austin Chalk…
Penn Virginia Touts Strong Q1 Production as Wells Outperform; Ups Guidance
Penn Virginia Corp. detailed a preliminary update for Q1 2021. Preliminary Q1 Highlights: Sold 16,324 BOPD for the first quarter of 2021, exceeding the high end of the…
US Well Services Files Lawsuit Against Halliburton, Cimarex
U.S. Well Services, Inc. has filed a lawsuit for patent infringement against Halliburton Company and Cimarex Energy Co. The original complaint alleges infringement of multiple U.S. Well Services…
California Resources Names New Chairman of the Board
California Resources Corp. reported that Tiffany (TJ) Thom Cepak has been appointed as the Chair of the Board of Directors of the Company. Cepak replaces Mark A. (Mac)…
Hillcrest Petroleum Rebrands as Hillcrest Energy Technologies
Hillcrest has announced its rebranding as Hillcrest Energy Technologies Ltd., choosing an identity more representative of the Company’s dedication to transitioning from fossil fuel production to clean tech…
Ring Energy Progresses Drilling Ops at Permian NWS Project
Ring Energy, Inc. recently initiated the next phase of its previously-announced Northwest Shelf (NWS) drilling program with three wells located in the top tier acreage of the Company's…
Petrus Resources Shuffles Exec Team; Taps New CEO, VP of Finance
Petrus Resources Ltd. reported that Mr. Ken Gray has been appointed as President and Chief Executive Officer of Petrus. Concurrently, Neil Korchinski has resigned as President, CEO and…
Bonterra Taps New Chairman as it Separates CEO / Chairman Role
Bonterra Energy Corp. reported that Mr. D. Michael G. Stewart has been appointed Chair of the Board of Directors effective immediately, assuming the role from Mr. George Fink,…
Kosmos Energy Details Exec Promotions
Kosmos Energy reported that Tim Nicholson has been promoted to Senior Vice President (SVP) and Head of Exploration, and John Shinol has been promoted to SVP and Chief…
APA Corp. Taps New SVP of Exploration
APA Corp. announced Tracey K. Henderson has been appointed Senior Vice President, Exploration. About Henderson Henderson joins APA from Kosmos Energy, where she served as Chief Exploration Officer.…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |