Oil and Gas 360 Houston, Texas, Jan. 29, 2024 (GLOBE NEWSWIRE) — Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced certain financial and operating updates. Key Highlights Acid gas injection (“AGI”) well is projected to be injecting by end of the first quarter 2024 Recent two well pad was drilled and completed under budget and the
Liberty Oilfield Services Inc. (NYSE: LBRT; “Liberty” or the “Comp…
From The Houston Chronicle Houston oilfield service company Halliburton has landed nine contracts to drill and complete a series of wells off the coast in West Africa. Australian exploration and production company Woodside Energy awarded the contracts to Halliburton as part of the first phase of developing the SNE Field off the coast of Senegal. Financial terms have not been
Devon’s early ’18 production from Delaware, STACK up 20% over 2017 average Devon Energy Corp. (ticker: DVN) accelerated production growth in early 2018. The company’s Delaware Basin and STACK assets are producing approximately 195,000 BOEPD. The combined daily production rates from these two assets represent a 10% increase over the fourth quarter of 2017, and a ~20% increase compared to
Stone Energy Corporation (ticker: SGY) estimates that its 2018 capital expenditure budget will reach up to $212 million. The budget allocates 36% to exploration, 27% to development and 37% to P&A expenditures. Interim CEO and President James M. Trimble said, “We exited 2017 with solid operational results and a strong financial position, and with several prospective near-term, deep water drilling opportunities. We
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