E & P News
APA, Total Update Keskesi East-1 Discovery
APA Corp. updated the operational status of the Keskesi East-1 discovery well offshore Suriname. As announced on Jan. 14, 2021, Keskesi East-1 discovered oil, volatile oil and condensate…
Chevron to Ramp Up Permian
At its annual investor meeting today, Chevron Corp. announced plans to increase return on capital employed and lower carbon intensity. Earlier this month, Chevron announced it had invested…
Eagle Ford Operator Ups 2021 Spending 72%, Doubles Well Plans YOY
Penn Virginia Corp. announced its financial and operational results for the fourth quarter and full-year 2020 and 2021 outlook. 2021 Plan - Capex: $210-240 million - up 72%…
Battalion IDs 2021 Capital Plan; Production Flat
Battalion Oil Corp. announced results of operations for the fourth quarter and full year 2020. 2021 Guidance - Capex: $40-50 million D&C: $36-45 million - with 90% of…
Diversified Gas & Oil Fourth Quarter, Full Year 2020 Results
Diversified Gas & Oil PLC reported its annual results for the full-year ended December 31, 2020. Key Highlights: December exit rate production of 103 MBoepd (617 MMcfepd), 8%…
Yangarra Resources Fourth Quarter, Full Year 2020 Results
Yangarra Resources Ltd. reported its Q4 and full year 2020 results. 2020 was a volatile year with many challenges for the oil & gas industry in North America.…
MEG Energy Fourth Quarter, Full Year 2020 Results
MEG Energy Corp. reported its full-year 2020 operational and financial results. Highlights include: Free cash flow of $129 million driven by adjusted funds flow of $278 million ($0.91…
NuVista Energy Talks 2021; Details Q4, Full Year 2020 Results
NuVista Energy Ltd. reported its Q4 and full year 2020 results as well as its 2021 plan. 2021 Guidance Update As discussed above, NuVista is pleased to note…
Paramount Resources 2021 Outlook; Q4, Full Year 2020 Results
Paramount Resources reported its Q4/full year 2020 results as well as its 2021 outlook. 2021 Guidance The Company’s capital budget for 2021 is expected to range between $230…
Devon Energy Board Member Resigns
Devon Energy Corp. reported that D. Martin Phillips, a managing partner of the EnCap Investments, will resign from the company's board of directors effective immediately. The resignation is…
Athabasca to Focus on Thermal Oil in 2021, Total Capex Up 12%; Q4 2020 Results
Athabasca Oil Corporation reports its 2020 year-end results and annual reserves as well as its 2021 capital plan. 2021 Plan - Capex: $100 million - up 12% vs.…
CNRL Fourth Quarter, Full Year 2020 Results
Canadian Natural Resources Ltd. (CNRL) reported its Q4 and full year 2020 results. Tim McKay, President of Canadian Natural, stated “The impact of the COVID-19 pandemic effected the…
Riley Exploration Permian Talks Q1 Production, Drilling
Riley Exploration Permian, Inc. provided an update on its fiscal first quarter 2021 operational and financial results. Q2 2021 Highlights: FQ1 2021 production of 7,588 net Boe/d, up…
Ovintiv Adds Finance Pro to Board; Kimmeridge Withdraws Nominations
Ovintiv Inc. announced that Katherine L. Minyard has been appointed as an independent member of its board of directors, effective immediately. In connection with the appointment of Minyard,…
SandRidge Talks 2021 Plan; Reports Q4, Full Year 2020 Results
SandRidge Energy, Inc. reported its Q4 and full year 2020 results. 2021 Plan - Capex: $5-10 million - up 63% at the midpoint vs. 2020 levels - Production:…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |