Tuesday, July 21, 2026

Lowering Costs with Canadian Innovation

Stage Completions lowers Blackbird Energy completions to just 3 days Technological innovation has been a major driver of the oil and gas revolution from the very beginning. New ideas led to horizontal drilling and completions, and when the price of oil fell from more than $100 per barrel to less than $30, companies turned to technology again for a solution.

Antero Resources Predicts 20%-25% Production Growth in 2017

170 wells will target Marcellus, Utica Antero Resources (ticker:AR) announced fourth quarter results today, showing a net loss of $486 million, or ($1.55) per share. Overall 2016 results are a loss of $849 million, or ($2.88) per share. After adjusting for derivatives and other special charges, the company reports a quarterly and full year net incomes of $68 million and

Oil & Gas 360 - ConocoPhillips ups drilling program in Eagle Ford - Oil & Gas 360

EP Energy Puts 2017 CapEx at $630-$730 Million

Joint venture with Wolfcamp Drillco targets Permian EP Energy (ticker: EPE) reported fourth quarter results and reserves yesterday, showing a net loss of $140 million, or ($0.57) per diluted share. Full year results are a net loss of $27 million, or ($0.11) per share. Both quarterly and full year results exceed those of last year, which were losses of $3,731

Exxon Shifts Investments to Short-Cycle Shale Oil

From Bloomberg Exxon Mobil Corp. (ticker: XOM) is trading in long-term projects that pump oil over decades for U.S. shale drilling that can be switched on or off as crude prices change. Long a world leader in multi-billion dollar oil and natural gas developments that take years to build and even longer to profit, Exxon is diverting about one-third of