Barnett Assets produced 5 MBOEPD in 2016 ConocoPhillips (ticker: COP) announced today the sale of all of its interests in the Barnett to Miller Thomson & Partners. ConocoPhillips reports that 2016 production from the assets that will be sold was 11 MBOEPD, made up of 55% natural gas and 45% NGL. Proved reserves associate3d with the properties is about 50
Northern Oil and Gas, Inc. (ticker: NOG) reported a cumulative production of 1,196,924 BOE, at an average rate of 13,299 BOEPD during Q1, 2017 out of its Williston acreage, where it holds approximately 155,000 net acres. Through the remainder of 2017, the company believes it will add 12 net wells to its production on a capital budget of $102.2 million.
PetroShale (ticker: PSH) holds multiple assets throughout the Bakken/Three Forks plays. The company is partnered with several Bakken operators and has 64,500 gross (4,136 net) acres. Across this acreage, the company holds 49 net potential drilling locations—representing approximately $450 million in drilling inventory, the company reported. PetroShale produced an average of 3,349 BOEPD during its first quarter of 2017. Its
Between Wyoming and California, Incremental Oil and Gas Ltd. (ASX: IOG) operates in three producing fields, with a 100% working interest in each. The company produces out of the Silvertip field in the Bighorn Basin, in Wyoming and the Sheep Springs field and Round Mountain field, in California. During Q1, 2017, Incremental produced a total of 56,862 BOE, at an
Recent completion successes and an enhanced borrowing base of $200 million sets the stage for Penn Virginia Corporation’s (ticker: PVAC) path to growth. Completions and other operations Penn Virginia announced in on June 28th, 2017 the success of two wells producing from its Zebra pad out of the Eagle Ford formation in Gonzalez County, Texas. The two recently completed wells
Trinidad, Senegal, Egypt efforts bear fruit BP (ticker: BP) announced highlights of its Q2 2017 exploration activities today, collecting the results of several different projects. Four discoveries representing 17+ Tcf of gas BP reports that it has made four gas discoveries so far in 2017. Two separate discoveries were made near Trinidad and Tobago. The Savannah exploration well was drilled
Headquartered in Calgary and with its main operations in Colombia, Gran Tierra Energy, Inc. (ticker: GTE) averaged 29,879 BOEPD in its first quarter of 2017. Q1 activity During its first quarter of 2017, Gran Tierra recompleted its Costayaco-2 well into the “A” Limestone. This marks the third well producing out of the “A” Limestone. The company also drilled its Costayaco-28,
EnLink Midstream Moves Headquarters to the Dallas Arts District
Approach Resources Inc. added to membership of the Russell 2000 and 3000 Indexes
Range Announces Conference Call to Discuss Second Quarter 2017 Financial Results
$648 million pushes Carrizo’s Delaware acreage to 42,600 acres Carrizo Oil & Gas (ticker: CRZO) announced the acquisition of Delaware Basin acreage, the latest in a series of Permian transactions. Carrizo will acquire 23,656 gross (16,488 net) acres in Reeves and Ward counties for $648 million in cash from ExL Petroleum Management. Current net production from the acreage is about
Tortoise Index Solutions Announces Constituent Change Due to Merger and Acquisition Activity
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