The U.S. rig count has finally exceeded 900 rigs, according to Baker Hughes’ (ticker: BHI) most recent weekly rig count.
American land rigs added 14 for a total of 878 rigs …
Colorado Attorney General Cynthia Coffman has sent what could turn into a landmark oil and gas ruling to the Colorado Supreme Court for …
Jagged Peak Energy (ticker: JAG) released first quarter earnings Thursday, showing a net loss of $465.9 million, or ($0.42) per share. The vast majority of …
BP said it started gas production from the first two fields, Taurus and Libra, of the West Nile Delta development in Egypt, eight months ahead of schedule.
First gas was exported to Egypt’s national grid on March 24, 2017 …
Sanchez Energy (ticker: SN) announced results for first quarter 2017 today, showing a net loss of $12.5 million, or ($0.18) per share. This exceeds the $69.8 million loss the company reported …
EOG Resources: (ticker: EOG) reported first quarter earnings today and also said that it set a company record for crude oil production in Q1, producing 315.7 MBOPD, 18% above last year’s Q1 …
Northern Oil and Gas, Inc. (ticker: NOG) reported total production of 1.2 million BOE for the first quarter, averaging 13,299 BOEPD.
Northern’s business model is as a non-operator franchise in the Bakken …
Wattenberg producer PDC Energy (ticker: PDCE) reported first quarter results on May 5, showing net income of $46.1 million, or $0.70 per diluted share. This significantly outperforms the $71.5 million net loss …
Diamondback Energy (ticker: FANG) held its first quarter conference call last week, where the pure-play Permian operator discussed current activity.
During the conference call, Diamondback CEO Travis Stice commented …
The Codell sandstone could be a formation that operators might begin to take seriously. A new report from the State of Wyoming …
There are a lot of smart E&P companies rambling around West Texas, the …
Hi-Crush Partners (ticker: HCLP) released its first quarter earnings Monday reporting improving financial results and an increased pace of development on Permian facilities. The company plans to increase the number …
By 2035, if the right regulatory policies are in place, private investment could exceed $1.3 trillion for oil and natural gas infrastructure, and …
Devon Energy Corp. (ticker: DVN) reported stronger than expected production results Tuesday as the company’s U.S. resources outperformed its earlier guidance. Oil production averaged 261 MBOPD, up 7% sequentially, 5 MBOPD more …
So far in 2017 a number of global energy experts and commodities watchers have looked beyond the current reporting period and they see a growing …
Noble Energy, Inc. (ticker: NBL) reported Q1 2017 results today, including net income attributable to Noble Energy of $36 million, or $0.08 per diluted share for the quarter.
Adjusted EBITDAX(1) was $600 million. Total organic capital expenditures for the …
Denver’s Centennial Resource Development, Inc. (ticker: CDEV) said on Monday it is acquiring undeveloped acreage and producing oil and gas properties in the core of the Northern …
Permian driller Parsley Energy (ticker: PE) said it has amended its revolving credit agreement, increasing the borrowing base by 60% to $1.4 billion, with a company-elected commitment amount of $1.0 billion.…
Samson Oil & Gas (ticker: SSN) announced its quarterly results for the first quarter of 2017 indicating that the company is seeing stronger pricing for its Williston Basin …
EnCap-backed PetroLegacy Energy II, LLC closed on the acquisition of roughly 20,000 net acres in northeastern Martin County, Texas, from Pioneer Natural Resources Company (ticker: PXD) for $266 million.
PetroLegacy said the Northern …
Drilling activity in the United States continues to increase with the rig count making a double-digit jump in the week ended April 28, 2017, according to Baker …
Russia’s state-owned gas giant Gazprom (ticker: OGZPY) announced its financial results for full-year 2016 Thursday, reporting a stronger profit despite lower sales prices.
The company supplied a record 178.3 …
Noble Energy, Inc. (ticker: NBL) has completed its acquisition of Clayton Williams Energy as of market close on April 24, 2017. In conjunction with the closing, Clayton Williams Energy became a wholly …
Calgary-based International Frontier Resources (ticker: IFR) announced its fourth quarter and year-end operating results for 2016 Wednesday. In the company’s release, IFR said it anticipates …
Nighthawk, the U.S. focused oil development and production company with assets in Colorado (ticker: HAWK, NHEGY), announced an update to production levels.
Gross and net* oil production (unaudited), in barrels, for the first three months of 2017 is summarized below.…
Lilis Energy (ticker: LLEX) announced it will move to the NYSE MKT, less than two months after it landed a Nasdaq listing.
Lilis said in a press release its common stock has been approved for listing on the NYSE MKT …
Australian mining giant BHP Billiton (ticker: BBL) put out its nine months operational review today, which included a review of its shale portfolio and the statement that it might put its Fayetteville assets on the block …
Range Resources (ticker: RRC) announced first quarter results yesterday, showing net income of $170 million, or $0.69 per share.
Range produced an average of 1.93 Bcfe/d in Q1 2017, a record for the company. Production in …
PrairieSky Royalty Ltd. (ticker: PSK) released its first quarter operating and financial results for 2017. The company is the largest fee simple mineral title land owner in western Canada, including approximately 7.8 million acres of fee simple mineral title lands …
