Sunday, December 29, 2024

108 Years Later, Oil & Gas Reign Supreme

The greatest sports drought in history is now over in what was arguably one of the greatest games in baseball history. One hundred and eight. As many stitches as there are on a baseball. Quicker than Aroldis Chapman’s fastball and likely equal with Nolan Ryan’s. EIA has provided some perspective on how much U.S. oil and gas has changed since

Approach Resources to Boost Liquidity with Note Exchanges

Approach Q3: Sets record low quarterly LOE at $3.49 per Boe On Nov. 2, Permian operator Approach Resources (ticker: AREX) published several announcements including its Q3 2016 results and a privately-negotiated exchange of $130 million of 7.00% senior notes due 2021, followed by an exchange offer for the remaining $100 Million of 7.00% senior notes due 2021. 3Q Highlights Production was 12.1 MBOEPD, exceeding

Repsol Ahead of Schedule on 2016-2020 Strategic Plan

Net Income Up 93% and Production Up 3% While Capex Stays Under Guidance Spanish energy company Repsol (ticker: REP.MA) reported adjusted net income for the quarter of €307 million, 93% higher year-over-year. CFO Miguel Martinez San Martin cited the company’s improved year-over-year results as demonstrating “our resiliency in the lower part of the commodity cycle.” Production from the Upstream division