E & P News
W&T Offshore Ramps Up Capex Over 150% for 2021; Talks Q4 Results
W&T Offshore, Inc. reported results for the fourth quarter and full year 2020 including the Company's year-end 2020 reserves report and 2021 guidance. 2021 Plan Capex: $30-60 million…
Silverbow Ups Spending for 2021, Completions Plans Up by 27%; Q4 Results
SilverBow Resources, Inc. announced its 2021 plan as well as operating and financial results for the fourth quarter and full year 2020. 2021 Plan - Capex: $100-110 million…
Exxon Unveils New 'Low Carbon' Business Unit; Reaffirms 2021 Capex
ExxonMobil has reaffirmed its 2021 capex and outlined its plans through 2025. The company also outlined its strategy to commercialize lower emission technologies in support of the goals…
Leucrotta Exploration Reports Resignation of Director
Leucrotta Exploration Inc. reported that Kelvin Johnston has made the decision to resign from the Board of Directors. The decision was due to an increased commitment that has…
Denbury Inc. 2021 Capital Plan; Fourth Quarter, Full Year 2020 Results
Denbury Inc. announced its fourth quarter and full-year 2020 financial and operating results, along with its 2021 capital budget and projected 2021 production. 2021 Capital Plan - Capex:…
Advantage Oil & Gas Adjusts 2021 Outlook as Drilling Outperforms
Advantage Oil & Gas Ltd. has reported its updated 2021 plan as well as its Q4/full year 2020 results. 2021 Plan Results from Advantage's 2020 drilling program have…
Cimarex Names Former Concho Exec as VP of Investor Relations
Cimarex Energy Co. announced that Megan Hays will join Cimarex as Vice President of Investor Relations. About Hays Megan joins Cimarex from Concho Resources Inc., where she most…
Apache Adjusts Corportate Structure; New HoldCo
Apache Corp. announced completion of the previously announced holding company structure, making APA the parent holding company of Apache. APA replaces Apache as the public company trading on…
Chevron Invests in Renewables-Focused PE Firm
Chevron Corp. announced an investment in Baseload Capital AB, a Sweden-based private investment company focused on development and operation of low-temperature geothermal and heat power assets. Chevron and…
Tamarack Valley Energy Fourth Quarter, Full Year 2020 Results, Reserves
Tamarack Valley Energy Ltd. reported its Q4 / full year 2020 results. Brian Schmidt, President and Chief Executive Officer of Tamarack commented, “2020 brought with it many challenges…
ExxonMobil Adds Two New Directors to Board
ExxonMobil reported that Michael Angelakis and Jeffrey Ubben have joined its board of directors. About Angelakis Angelakis is chairman and CEO of Atairos, an independent strategic investment company…
Diamondback Wraps Up Acquisition of Midland-Focused Guidon
Diamondback Energy, Inc. has completed its previously announced acquisition of leasehold interests and related oil and gas assets from Guidon Operating LLC, a portfolio company of Blackstone Energy…
Whiting Details 2021 Plans; Fourth Quarter, Full Year 2020 Results
Whiting Petroleum Corp. announced fourth quarter and full year 2020 results. 2021 Plan - Capex: $228-252 million - down 7% at the midpoint vs. 2020 levels - Production:…
Magnolia Oil & Gas Fourth Quarter, Full Year 2020 Results
Magnolia Oil & Gas Corp. announced its financial and operational results for the fourth quarter and full year 2020. Fourth Quarter and Full Year 2020 Highlights: Magnolia reported…
QEP Resources Fourth Quarter, Full Year 2020 Results
QEP Resources, Inc. reported fourth quarter and full year 2020 financial and operating results. Full Year 2020 Highlights: Lowered 2020 average drilling and completion costs to $411 per…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |