Exploration and Production (E&P)

QEP Resources Has 5 Rigs Drilling the Permian, 1 in the Williston, 1 in the Pinedale Anticline

QEP Resources Has 5 Rigs Drilling the Permian, 1 in the Williston, 1 in the Pinedale Anticline

‘Tank’ completions in the Spraberry, Wolfcamp; and 20-24 re-fracs in the Haynesville

QEP Resources (ticker: QEP) holds acreage across the Williston basin, Pinedale Anticline, Uinta basin, Permian basin, and Haynesville shale. QEP’s acreage produces oil, NGLs, and dry gas—totaling in …

Lilis Energy: Seeking Opportunity in Pure Play Delaware

Lilis Energy: Seeking Opportunity in Pure Play Delaware

Lilis Energy (ticker: LLEX) is exclusively involved in exploration and development in the Permian basin. As of June, 2017, the company currently holds over 10,000 net acres in the Delaware basin and estimates that its acreage holds over 500 potential …

Denbury: CO2 + Wyoming, Mississippi Acquisitions

Denbury: CO2 + Wyoming, Mississippi Acquisitions

Denbury Resources Inc’s (ticker: DNR) producing acreage is spread across seven states in both the Rocky Mountain and Gulf Coast regions, with an estimated 254.5 MMBOE of proved reserves, as of December 31st, 2016.

Denbury’s primary operational trait …

Enerplus Resources Corporation: Diversity between Williston, Marcellus, Canada

Enerplus Resources Corporation: Diversity between Williston, Marcellus, Canada

Enerplus Resources Corporation (ticker: ERF) has three main operation centers in the Williston basin, the Marcellus shale, and Canadian waterflood operations.

Enerplus’ Williston basin is responsible for the lion’s share of the company’s production, with 25,100 BOEPD leaving the basin. …

Is the Permian Getting Too Hot to Touch?

Is the Permian Getting Too Hot to Touch?

High acreage costs beginning to affect economics in the Delaware

The Permian has enjoyed a rush of capital since oil prices began to recover from a low of $26.21 in February of last year.

The play is home to some …

Cimarex: Permian Drives Up Production

Cimarex: Permian Drives Up Production

Cimarex Energy (ticker: XEC) raised its 2017 production guidance to 1.13 Bcfe per day from 1.09 Bcfe per day following the establishment of increased Q1 production.

The company, which has operations based in the Mid-Continent and in the Permian basin, …

PetroQuest Translating Cash Flow Growth into Production Growth

PetroQuest Translating Cash Flow Growth into Production Growth

Between its East Texas and Gulf of Mexico assets, PetroQuest (ticker: PQ) produced 5.225 Bcfe during Q1, 2017 at an average rate of approximately 58 Mmcfe per day. The company’s 2016 reserves value was reported at approximately 115 Bcfe, 72% …

Earthstone Energy Inc. Taking Advantage of its Midland Assets

Earthstone Energy Inc. Taking Advantage of its Midland Assets

Capitalizing on the Midland acquisition

Midland-Eagle Ford-Bakken producer Earthstone Energy (ticker: ESTE) isn’t slowing down. With 66.1 MMBOE in reported proven reserves and 9,515 BOEPD average production in 2017, Earthstone is moving forward on a growth plan that’s being fueled …

PetroShare Corp. Spools Up Activity in the Wattenberg

PetroShare Corp. Spools Up Activity in the Wattenberg

With a pure-play focus in the Niobrara and Codell formations in the Wattenberg field, PetroShare (ticker: PRHR) holds approximately 9,900 net acres in northeastern Colorado.

Petroshare has divided its focus between its Todd Creek Farms acreage and its Buck Peak …

WildHorse Resource Development: Potential in Eagle Ford, Step-Outs in N. Louisiana

WildHorse Resource Development: Potential in Eagle Ford, Step-Outs in N. Louisiana

WildHorse Resource Development (ticker: WRD) oversees operations primarily in the Eagle Ford Shale and Cotton Valley formations in East Texas and North Louisiana, respectively.

The company expects that it will produce between 27 and 31 MBOEPD in 2017—a significant jump …

Rosehill Resources: Entrance into the Core Delaware

Rosehill Resources: Entrance into the Core Delaware

Rosehill Resources (ticker: ROSE) is a Delaware basin-focused oil and gas company with approximately 5,000 net acres in the basin. Rosehill was formed in 2017 following the combination of Tema Oil and Gas Company and KLR Energy—which operated as a …

Strategic Oil & Gas Ltd: New Drilling Program on the Heels of Test Wells

Strategic Oil & Gas Ltd: New Drilling Program on the Heels of Test Wells

Strategic Oil & Gas Ltd. (ticker: SOG) announced its summer drilling program for the third quarter of 2017. The company plans to drill and complete approximately four new horizontal wells in its Marlowe asset, located in northwestern Alberta.

This news …

Energy XXI Joins Russell 3000®

Energy XXI Joins Russell 3000®

Energy XXI Gulf Coast (ticker: EXXI) has been scheduled to join the Russell 3000® index on June 26th, 2017.

The Russell 3000® Index is an index weighted by market capitalization, primarily for companies that display above average growth.…

Raging River Exploration: Branching Out into the Duvernay

Raging River Exploration: Branching Out into the Duvernay

Branching out of its core Dodsland Viking play, Raging River Exploration (ticker: RRX) has taken a major step in building a strong asset in the Duvernay Shale.

In June Raging River announced its land position in the Duvernay Shale in …

Granite Oil: Drilling Alberta Bakken, EOR to Shallow Declines

Granite Oil: Drilling Alberta Bakken, EOR to Shallow Declines

Granite Oil Corp. (ticker: GXO) has established its operational core in the Bakken siltstone play, located in southern Alberta. The company is focused on further developing the play’s enhanced oil recovery (EOR) operations and on building additional profile on the …

Martinez v. COGCC Decision Could Upend Colorado Oil & Gas Permitting

Martinez v. COGCC Decision Could Upend Colorado Oil & Gas Permitting

Direction of state’s oil and gas regulator awaits high court review of Martinez decision

Martinez v. COGCC Decision Could Upend Colorado Oil & Gas Permitting

In May, the Colorado Attorney General petitioned the Colorado Supreme Court to review the appellate court’s ruling in the case of Martinez v. Colorado Oil and …

EnerCom: Registration is Open for The Oil & Gas Conference® in Denver August 13-17, 2017

EnerCom: Registration is Open for The Oil & Gas Conference® in Denver August 13-17, 2017

New for 2017: EnerCom’s Oilfield Tech & Innovation Day – Aug. 17, 2017

EnerCom, Inc. will host The Oil & Gas Conference® 22 August 13-17, 2017, in Denver at the Westin Denver Downtown. Investment and oil and gas professionals can …

Petrus: Building Ferrier–Dropping OPEX, Debt

Petrus: Building Ferrier–Dropping OPEX, Debt

Petrus Resources (ticker: PRQ), based in Calgary, Alberta, is active in three primary areas: the Ferrier area of Alberta—which draws from the Cardium formation, Central Alberta, and the foothills regions of the Rocky Mountains.

The company has focused on developing …

Goodrich Petroleum Corporation: Growing Core Haynesville with High Proppant Completions

Goodrich Petroleum Corporation: Growing Core Haynesville with High Proppant Completions

With assets in the Haynesville Shale—in Texas and Louisiana, Tuscaloosa Marine Shale, and Eagle Ford Shale, Goodrich Petroleum (ticker: GDP) has established a strong portfolio in shale-specific plays.

Core Haynesville

Goodrich’s Haynesville Shale makes up the core of its operations, …

Bellatrix Exploration: Stability in the Spirit River

Bellatrix Exploration: Stability in the Spirit River

Bellatrix Exploration LTD (ticker: BXE) is a leader in liquids-rich gas production in Canada. Its core operations are in West Central Alberta, in the Spirit River formation.

Bellatrix’s Spirit River assets—which total approximately 92,160 acres—are divided between the Ferrier, Willesden …

Gastar Exploration, Development in the STACK

Gastar Exploration, Development in the STACK

Oklahoma-centered Gastar Exploration Inc. (ticker: GST) has built its production portfolio primarily in the STACK play, where it holds 62,600 of its 89,600 net acres, spread across 5 core-zones. The company averaged approximately 5,700 BOEPD during Q1, 2017.

Gastar’s STACK

Energy XXI: Recompleting in the Gulf, Building for the Future

Energy XXI: Recompleting in the Gulf, Building for the Future

Since the finalization of its restructuring on December 30th, 2016, Energy XXI Gulf Coast (ticker: EXXI) has begun taking steps to bring additional production online and optimize existing production.

EXXI in the GOM

Energy XXI itself is focused …

Advantage Oil and Gas: Spurring New Production in the Montney

Advantage Oil and Gas: Spurring New Production in the Montney

Canada based Advantage Oil and Gas (ticker: AAV) is focused primarily on its Montney natural gas assets in Glacier, Alberta.

The Montney assets produce approximately 235 Mscf/day, and Advantage’s 2P reserves were increased to 2.2 Tcfe as of December 31…

Razor Energy: Bringing an Aggressive Mindset to Acquired Assets

Razor Energy: Bringing an Aggressive Mindset to Acquired Assets

Canadian junior Razor Energy, (ticker: RZE) began operation on January 31, 2017 after combining with Vector Resources. After the amalgamation with Vector, Razor Energy completed the acquisition of the Swan Hills asset for $17.1 million.

The Swan Hills asset itself …

Vermilion Energy: Global Diversification Fueling 65 MBOEPD of Production

Vermilion Energy: Global Diversification Fueling 65 MBOEPD of Production

Global oil and gas operator Vermilion Energy (tickers: VET) holds producing acreage worldwide. The company’s assets are spread across three main regions: North America, Europe, and Australia. Its oil and gas assets are located in 10 countries.

Vermilion’s focus on …

NuVista Energy: Building Wapiti Montney Production, Capacity

NuVista Energy: Building Wapiti Montney Production, Capacity

Focused on condensate-rich gas plays in Alberta and British Columbia, NuVista Energy Ltd (ticker: NVA) has been and continues to develop strong assets within the Montney gas play.

The majority of NuVista’s activity is centered in the Wapiti Montney—where it …

Bill Barrett Corporation: Lower Debt, Longer Laterals

Bill Barrett Corporation: Lower Debt, Longer Laterals

Bill Barrett Corporation (ticker: BBG) has built a core position in the Northeast Wattenberg field in Colorado’s Denver-Julesberg (DJ) Basin, where it holds 71,900 net acres. The company also has producing acreage within the Uinta Basin in Utah, numbering approximately …

Cabot Oil and Gas Adding 60 Marcellus, 30 Eagle Ford Wells in 2017

Cabot Oil and Gas Adding 60 Marcellus, 30 Eagle Ford Wells in 2017

Cabot Oil and Gas (ticker: COG) is building steadily within its core Marcellus and Eagle Ford assets, through cost reduction in drilling and completions and through the addition of wells in both areas.

In its Marcellus play, Cabot expects to …

Sanchez Energy Turning Up the Heat in the Eagle Ford

Sanchez Energy Turning Up the Heat in the Eagle Ford

Legacy Eagle Ford player is kicking production into high gear with 132 DUCs to complete, infill drilling on tap

Venturing through the balance of 2017 and into 2018, Sanchez Energy Corporation (ticker: SN) is looking to take advantage of its …

PDC Energy: Core Wattenberg Strong, Plenty of Upside in the Delaware

PDC Energy: Core Wattenberg Strong, Plenty of Upside in the Delaware

PDC: core strength in the core Wattenberg

PDC Energy (ticker: PDCE) has a strong position in the Wattenberg field in the D-J basin, and it’s looking to further develop its acreage in the Delaware Basin.

With 95,500 net acres in …