Thursday, April 3, 2025

Crescent Point Energy (CPG) Q3: Progress in the Uinta

Additional capital heading to Uinta and Williston Q3 Key highlights Achieved Q3 2017 average production growth of 10 percent year-over-year Increased 2017 average production guidance to 175,500 BOEPD from 174,500 BOEPD based on positive operating results Advanced new play development in Uinta and Williston basins, organically expanding resource base and inventory Transacted over $190 million of non-core dispositions at an

Oil & Gas 360 - Gas Giant: The Stars Align for the Haynesville Shale

Haynesville Shale Gas: Overlooked, But Growing Again

Rig count tripled, gas production up almost 1 Bcf/d While the Marcellus receives most attention in U.S. natural gas, the Haynesville has been staging a quiet resurgence. Drilling activity in the Haynesville bottomed out in September 2016, at a mere 13 rigs. Since then, activity has more than tripled, with 46 rigs operating in the basin in September 2017. While

Southwestern Energy (SWN): Development of Four-well Pad Generating High IP

Southwestern Energy Company (Ticker: SWN) reported Q3 2017 results today and held its conference call for analysts. During the third quarter Southwestern invested approximately $320 million in the E&P business and participated in drilling 47 wells, completed 29 wells, and placed 37 wells to sales. During the first nine months of 2017, Southwestern invested a total of $946 million. This

Cushing oil storage tanks -oilandgas360

Brent Returns to $60 with Highest Close Since 2015 – Rigs Fall Again

Four rigs go offline Oil and gas industry signals were mixed this week, as the rig count and natural gas prices dropped, but oil prices rose. U.S. drilling activity declined this week, with four land-based rigs shutting down. There are now 888 land-based rigs in the U.S., the lowest number in five months. Inland waters and offshore rigs counts were

ConocoPhillips: We’ve Reduced the ‘Growth Money’ Spend – the $17 Billion We Used to Spend Back in 2014

ConocoPhillips (ticker: COP), the world’s largest independent E&P company, reported its Q3 financial results yesterday. Q3 2017 Summary Achieved Q3 production excluding Libya of 1,202 MBOED; 1.4 percent year-over-year underlying production growth excluding the impact of closed or signed dispositions; underlying production grew 19 percent on a production per debt-adjusted share basis Lowering full-year 2017 expected capital expenditures to $4.5 billion,

Cabot Oil & Gas Predicts $2.5 Billion in Free Cash Flow 2018 – 2020

Atlantic Sunrise pipeline expected to boost future Cabot Marcellus results Cabot Oil & Gas (ticker: COG) announced third quarter results today, showing net earnings of $17.6 million, or $0.04 per diluted share. After adjusting for special charges, Cabot earned $32 million this quarter. This result compares favorably to Q3 2016, when the company lost an adjusted $16.7 million. Much of