Saturday, January 4, 2025

NAPE Packed, Crowd ‘Optimistic’

EnerCom’s Houston-based director, Mitch Duffy, visited the NAPE Summit 2018 last week and reported on the large industry meeting for Oil & Gas 360. The conference was at Houston’s George R. Brown Convention Center. NAPE is a deal-making meeting where buyers and sellers of oil and gas properties find each other and do business. NAPE was established in 1993 by

Heard on the Call: Oil & Gas CEOs Speak Up

As oil and gas companies dive into the Q4 earnings season in the coming days and weeks, more and more chief executives at E&Ps and oilfield service companies will share their insight as to their recent operations, thoughts about where the industry is headed, technological advancements and plans for 2018. Catching up with some of the earnings calls from the

Alta Mesa Resources, Silver Run, Kingfisher Deal is in the Books

Stock will trade on Nasdaq: AMR, starting Feb. 12 Silver Run Acquisition Corporation II (ticker: SRUN) completed its business combination with Alta Mesa Holdings, LP and Kingfisher Midstream, LLC. Alta Mesa is an independent exploration and production company focused on the development and acquisition of unconventional oil and natural gas reserves in the Anadarko Basin. Kingfisher is a company engaged

Fed's Bullard Says Rate Cut May Be Needed ‘Soon’ - Oil & Gas 360

PLS Tracks $129.3 Billion in New Oil and Gas Capital in 2017

Capitalize, PLS Inc.’s proprietary comprehensive capital markets tracking platform, released a statistical review of the oil and gas industry’s capital markets activity for calendar year 2017. Key findings: $34 billion in equity raised through offerings in 2017, down 36% from 2016’s $53 billion Of 2017’s eight upstream equity offerings, six were SPACs Big names such as Hess, Antero and BP

U.S. Rig Count Hits Highest Level in Three Years

975 rigs drilling today; Permian adds 10; horizontal rigs add 24 and are 85% of all U.S. drilling activity Unconventional drilling activity came roaring back this week, according to the latest edition of Baker Hughes’ Weekly Rig Count. The total number of rigs active in the U.S. increased by 29 this week, the largest single week jump since January 2017.

Southwestern Energy Aims $1.25 Billion CapEx at Appalachian Basin

Southwestern Energy Company (ticker: SWN) will be going deeper into the Appalachian once again in 2018. The plan includes drilling 100-120 wells, completing 105-125 wells and placing 125-145 wells to sales. 2017 recap In 2017, SWN had a total net production of 897 Bcfe, including 578 Bcfe from the Appalachian Basin and 316 Bcf from the Fayetteville Shale – this