E & P News
Oxy Keeping Capex, Production Levels Steady for 2021; Q4 Results
Occidental reported its Q4 / full year 2020 results as well as its 2021 capital plans. 2021 Plans - Capex: $2.9 billion - 4% increase vs. 2020 capex…
Laredo Plans Flat Capex for 2021, Increases Completion Plans; Q4 2020 Results
Laredo Petroleum, Inc. detailed its 2021 plan and also announced its fourth-quarter and full-year 2020 financial and operating results. 2021 Plan - Capex: $360 million in 2021 -…
Diamondback Accelerating Completions 32% for 2021; Capex Set at $1.45B
Diamondback Energy, Inc. reported its 2021 capital plan as well as its Q4/full year 2020 results. 2021 Plan - Capex: $1.35-1.55 billion - down 22% at the midpoint…
Marathon Oil Cuts Spending 14% for 2021; 190 Wells TIL, Oil Production Flat
Marathon Oil Corp. reported its Q4 and full year 2020 results, as well as its 2021 capital budget. 2021 Plan - 2021 Capex: $1.0 billion - down 14%…
EQT 2021 Development Program - Wells Frac, and Production
EQT provided updated sides outlining its 2021 development program.
Cimarex Energy Fourth Quarter, Full Year 2020 Results
Cimarex Energy Co. reported its Q4 / full year 2020 results. Financials Cimarex reported net income for fourth quarter 2020 of $24.7 million, or $0.25 per share, compared…
Cimarex Ramps Up Spending Over 20% for 2021; Bets Bulk on Permian
Cimarex Energy Co. announced its projected 2021 total capital investment (including midstream capital) plan. 2021 Plan - 2021 Capex: $650-750 million - up 21% at the midpoint from…
PDC Energy Makes Changes to Board of Directors
PDC Energy, Inc. has appointed Diana L. Sands to its board of directors on February 18, 2021. About Sands Ms. Sands brings over 30 years of experience in…
Enerplus Corp. Fourth Quarter, Full Year 2020 Results
Enerplus Corp. reported its Q4 and full year 2020 results. Enerplus reported fourth quarter 2020 cash flow from operating activities and adjusted funds flow of $96.1 million and…
Kosmos Energy Fourth Quarter, Full Year 2020 Results; 2021 Budget
Kosmos Energy Ltd. reported its financial and operating results for the fourth quarter of 2020. 2021 Capital Expenditure Budget Kosmos expects to spend approximately $225 to $275 million…
Antero Details 2021 Plan; 4Q, Full Year 2020 Results
Antero Resources Corp. reported its fourth quarter and full year 2020 financial and operational results as well as its 2021 capital budget, guidance and proved reserves as of…
Ring Energy Details 2021 Plans; Puts Delaware Basin Asset on Chopping Block
Ring Energy, Inc. reported its fourth quarter 2020 operational and financial results and announced initial plans and guidance for 2021. 2021 Preliminary Guidance - Production: FY 2021 production…
Bonanza Creek Fourth Quarter, Full Year 2020 Results
Bonanza Creek Energy, Inc. reported its Q4 and full year 2020 results. Highlights: Average sales volumes of 25.0 thousand barrels of oil equivalent per day ("MBoe/d") for the…
Ovintiv Inc. 2021 Plan; Fourth Quarter, Full Year 2020 Results
Ovintiv Inc. reported its Q4 and full year 2020 results. 2021 Outlook Regarding the Company's 2021 Outlook, Suttles said, "Our strong performance in 2020 sets us up well…
Appalachian E&P Signs 60 Well Drilling Partnership with Large PE Firm
Drilling Partnership Announcement Antero announced the formation of a $500 to $550 million drilling partnership with QL Capital Partners ("QL"), an affiliate of Quantum Energy Partners. Under the…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |