E & P News
Berry Corp. Fourth Quarter, Full Year 2020 Results
Berry Corp. reported its Q4 and full year 2020 results. Berry reported fourth quarter and full-year 2020 results. For the full year Berry's net loss was $263 million,…
Oasis Ups Capex 13% for 2021, Production Flat; Q4/Full Year 2020 Results
Oasis Petroleum Inc. announced select financial and operational results for the quarter and year ended December 31, 2020 and provided its 2021 outlook. 2021 Plan - Capex: $231-243…
Callon Cuts Spending, Drilling for 2021; 95 Completions Planned
Callon Petroleum Co. reported its Q4 / full year 2020 results as well as its 2021 capital plan. 2021 Plan - Capex: $430 million - down 12% vs.…
Southwestern Keeping Capex, D&C Activity Flat for 2021; $900MM, 100 Wells
Southwestern Energy Co. announced financial and operating results for the fourth quarter and full year 2020 and issued 2021 guidance. 2021 Plan - Capex: $850-925 million - relatively…
Crescent Point Energy Fourth Quarter, Full Year 2020 Results
Crescent Point Energy Corp. reported its Q4/full year 2020 results. Highlights: Achieved annual average production ahead of 2020 guidance with capital expenditures under budget. Reduced net debt by…
Baytex Cuts Spending for 2021, Plans 168 Completions (+11% YOY); 2020 Results
Baytex Energy Corp. reported its 2021 capital plan and Q4 / full year 2020 results (all amounts are in Canadian dollars unless otherwise noted). 2021 Plan - Capex:…
E&P Plans 500 Completions, 22 Rigs for 2021; Spending Up 11%
EOG Resources, Inc. reported its 2021 capital plan and its Q4 / full year 2020 results. 2021 Plan - Capex: $3.7-4.1 billion - up 11% at the midpoint…
PDC to Boost Completion Activity Over 30% in 2021; 180 TILs, 2-3 Rigs
PDC Energy, Inc. announced its 2020 fourth quarter and full-year operating and financial results. The Company also provided detailed 2021 guidance and a preliminary multi-year outlook. 2021 Plans…
ConocoPhillips COO Fox to Retire
ConocoPhillips announced the retirement of Matt Fox as executive vice president and chief operating officer after a successful 35-year career with the company. The retirement is effective on…
Apache Ups Spending 11% for 2021 at $1.1B; Adding Rigs in the Permian
Apache Corp. announced its financial and operational results for the fourth-quarter and full-year 2020. The company also detailed its 2021 plans. 2021 Plans - Capex: $1.1 billion -…
Matador Bolsters D&C Spending 22% for 2021; Adding Fourth Rig, Growing Output
Matador Resources Co. announced its full year 2021 operating plan and market guidance. 2021 Plan - Capex: $545-605 million - up 7% at the midpoint vs. 2020 levels…
Cabot Oil & Gas IDs 2021 Capex; Plans 25% Boost to Drilling Activity vs. 2020
Cabot Oil & Gas Corp. reported financial and operating results for the fourth quarter and full-year 2020 and provided its updated capital return framework. 2021 Plan Capex: $530-540…
Range Slowing D&C Ops 12% for 2021, Flat Capex / Output; Talks 2020 Results
Range Resources Corp. announced its fourth quarter 2020 financial results, proved reserves and plans for 2021. 2021 Capital Program - Capex: $425 million - relatively flat vs. 2020…
Centennial Ramps Up Drilling 65% for 2021; Production to Fall 10% YOY
Centennial Resource Development, Inc. announced 2020 financial and operational results and 2021 operational plans and targets. 2021 Plan - Capex: $260-310 million - up 12% at the midpoint…
Pioneer Focusing on Midland Ops for 2021, Capex Flat YOY; Talks 2020 Results
Pioneer Natural Resources Co. reported its 2021 capital plan and Q4/full year 2020 results. 2021 Plan - Capex: $2.5-2.8 billion - relatively flat vs. Parsley/Pioneer combined 2020 spending…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |