Eagleford

ConocoPhillips forecasts smaller-than-expected loss, to resume buybacks

September 30, 2020

Reuters ConocoPhillips COP.N on Wednesday forecast a smaller-than-expected quarterly adjusted loss and said it would resume buying back its shares after a historic collapse in crude prices forced the U.S. oil and gas producer to halt the program in April. Oil companies were forced to slash dividends, halt buybacks and curtail production earlier this year as the COIVD-19 crisis hammered energy demand,

Differential Price Recovery: How Regional Forces Are Bringing Benchmark Prices Back Towards Equilibrium

June 10, 2020

RarePetro Oil & Gas Publishers Note: Another great industry insight article from Kevin Olson at RarePetro. Abstract Financial markets attempted to buoy benchmark prices as oil and gas markets became volatile in Q1 2020. This created a disconnect in the price spreads between the NYMEX WTI futures benchmark and regional spot prices. The disconnect continued to grow at the beginning

Lonestar announces bolstered hedge positions

March 12, 2020

Oil and Gas 360 FORT WORTH, Texas: Lonestar Resources US Inc. (NASDAQ: LONE) (together with its subsidiaries, “Lonestar,” “our” or the “Company”) announced that it has entered into a series of hedge transactions which considerably enhance the certainty around crude oil prices, natural gas prices, and interest rates. For the balance of 2020 (“Bal ’20”), Lonestar has a total of

U.S. crude oil production efficiency continues to improve

February 1, 2020

EIA U.S. tight oil production increased in 2017, accounting for 54% of total U.S. crude oil production, in part because of the increasing productivity of new wells. Since 2007, the average first full month of oil production from new wells in regions tracked by EIA’s Drilling Productivity Report (DPR) has generally increased. These growing initial production rates have helped tight oil production

ConocoPhillips forecasts smaller-than-expected loss, to resume buybacks

Differential Price Recovery: How Regional Forces Are Bringing Benchmark Prices Back Towards Equilibrium

Lonestar announces bolstered hedge positions

U.S. crude oil production efficiency continues to improve

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