Exploration and Production (E&P)

Exclusive: Trinity RSS at EnerCom Dallas-The Energy Investment & ESG Conference®

Exclusive: Trinity RSS at EnerCom Dallas-The Energy Investment & ESG Conference®

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Trinity Refining and Safety Systems is a second-generation patented oil and fuel filtering technology. The unique oil and fuel filtering line of products

Source: Reuters

Oil prices dip on U.S. rate hike expectations, weak China PMI

Nasdaq


TOKYO – Oil prices fell on Monday as jitters over the prospect of the U.S. Federal Reserve raising interest rates, which could slow growth and hit fuel demand, and worries about weaker Chinese manufacturing data combined to erase earlier …

Source: World Oil

Eni CEO sees “no significant shocks” to energy market in 2023

World Oil


(Bloomberg) – Claudio Descalzi, Chief Executive Officer of Italian oil and gas giant Eni Spa, said he sees no significant jolts to the energy market this year.

 

 

“For this year, I don’t expect further big shocks …

Exclusive: Tamarack Valley Energy at EnerCom Dallas-The Energy Investment & ESG Conference®

Exclusive: Tamarack Valley Energy at EnerCom Dallas-The Energy Investment & ESG Conference®

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Tamarack Valley Energy is an oil and gas company whose rate-of-return focused growth strategy targets the drilling and acquisition of repeatable and predictable

Exclusive: Granite Ridge Resources at EnerCom Dallas-The Energy Investment & ESG Conference®

Exclusive: Granite Ridge Resources at EnerCom Dallas-The Energy Investment & ESG Conference®

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Granite Ridge is a premier, non-operated oil & gas exploration and production company. We invest in a diversified portfolio of production and

Southwestern Energy announces first quarter 2023 results

Southwestern Energy announces first quarter 2023 results

Oil and Gas 360


Disciplined capital allocation and commitment to debt reduction

Southwestern Energy Company (NYSE: SWN) today announced financial and operating results for the first quarter ended March 31, 2023.

Southwestern Energy announces first quarter 2023 results- oil and gas 360

  • Generated $1.1 billion net cash provided
Sage completes natural gas drilling program in Barnett shale

Sage completes natural gas drilling program in Barnett shale

World Oil


(WO) – Sage Natural Resources LLC recently completed its 2022 Barnett Drilling program, successfully drilling 30 horizontal wells targeting the Barnett shale formation in North Texas.

Sage completes natural gas drilling program in Barnett shale- oil and gas 360

The 30-well Barnett shale drilling program totaled 96 miles drilled. The average …

Exclusive: Ring Energy at EnerCom Dallas-The Energy Investment & ESG Conference®

Exclusive: Ring Energy at EnerCom Dallas-The Energy Investment & ESG Conference®

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Ring Energy, Inc. (NYSE American: REI) is a growth oriented independent oil and natural gas company headquartered in The Woodlands, Texas. 

 
Exclusive: Parex Resources at EnerCom Dallas-The Energy Investment & ESG Conference®

Exclusive: Parex Resources at EnerCom Dallas-The Energy Investment & ESG Conference®

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With over 10 years of experience, Parex Resources is now the largest independent exploration and production company in Colombia. We are focused

Pioneer Natural Resources announces that Scott D. Sheffield to retire at year-end; Richard P. Dealy named as next Chief Executive Officer

Pioneer Natural Resources announces that Scott D. Sheffield to retire at year-end; Richard P. Dealy named as next Chief Executive Officer

Oil and Gas 360


DALLAS–(BUSINESS WIRE)–Apr. 26, 2023– Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer” or “the Company”) today announced that the Board of Directors (Board) has named Richard (“Rich”) P. Dealy as the Company’s next Chief Executive Officer (CEO), effective …

Source: Reuters

U.S. shale “ripe” for takeover boom as producers look for new drilling sites

World News


(Bloomberg) – The U.S. energy patch is ripe for a takeover boom, as oil and gas producers turn to dealmaking to find new sites to drill.

Companies are seeking to bulk up and consolidate, particularly in the Permian …

Exclusive: Civitas Resources Keynote speaker at EnerCom Dallas-The Energy Investment & ESG Conference®

Exclusive: Civitas Resources Keynote speaker at EnerCom Dallas-The Energy Investment & ESG Conference®

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Operational expertise, aggressive sustainability practices, and shared community values reach new levels at Civitas, a company born by bringing together decades of

Exclusive: Five States Energy at EnerCom Dallas-The Energy Investment & ESG Conference®

Exclusive: Five States Energy at EnerCom Dallas-The Energy Investment & ESG Conference®

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For 35 years, seasoned investors have relied on Five States Energy Company to place a portion of their energy investment portfolio into

Exclusive: NCS Multistage Energy at EnerCom Dallas-The Energy Investment & ESG Conference®

Exclusive: NCS Multistage Energy at EnerCom Dallas-The Energy Investment & ESG Conference®

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NCS Multistage (NCS) is a leading global provider of differentiated products and services that enable oil and gas operators to optimize their assets

Halliburton announces first quarter 2023 results

Halliburton announces first quarter 2023 results

Oil and Gas 360


  • Net income of $0.72 per diluted share.
  • Net income per diluted share more than doubled from Q1 2022.
  • Revenue of $5.7 billion, increased 33% year-over-year.
  • Operating margin of 17.2%, increased 530 basis points year-over-year.

Halliburton announces first quarter 2023 results- oil and gas 360

HOUSTON–(BUSINESS WIRE)–Apr. …

Range announces first quarter 2023 results

Range announces first quarter 2023 results

Oil and Gas 360


FORT WORTH, Texas, April 24, 2023 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its first quarter 2023 financial results.

Range announces first quarter 2023 results- oil and gas 360

First Quarter 2023 Highlights –

  • Cash flow from operating activities of $475 million
  • Cash
Exclusive: PDC Energy Keynote speaker at EnerCom Dallas-The Energy Investment & ESG Conference®

Exclusive: PDC Energy Keynote speaker at EnerCom Dallas-The Energy Investment & ESG Conference®

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PDC Energy, Inc. is an independent oil and gas company focused on maintaining a strong balance sheet and solid debt metrics while delivering

Exclusive: Canacol Energy at EnerCom Dallas-The Energy Investment & ESG Conference®

Exclusive: Canacol Energy at EnerCom Dallas-The Energy Investment & ESG Conference®

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Canacol Energy is the largest independent onshore conventional natural gas exploration and production company in Colombia, supplying approximately 20% of the country’s

Source: Reuters

Permian oil production hasn’t peaked yet

Oil Price


The Permian basin has not yet seen peak oil production, according to Occidental’s chief executive Vicki Hollub.

 

 

The executive believes that growth in the play’s production rates will even offset declines in other shale basins across …

Source: Reuters

Diamondback looks to sell Permian basin assets for $1 billion

World Oil


(Bloomberg) – Diamondback Energy Inc. is looking to sell non-core assets in the western Permian Basin as the oil producer looks to cash in on an increasingly active deal market in U.S. shale.

 

The company is working …

Amplify Energy commences restart operations at Beta Field

Amplify Energy commences restart operations at Beta Field

Oil and Gas 360


HOUSTON, April 10, 2023 (GLOBE NEWSWIRE) — Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) today announced that it has received the required approvals from federal regulatory agencies to restart operations at the Beta Field.

W&T Offshore announces management change

W&T Offshore announces management change

Oil and Gas 360


HOUSTON, April 06, 2023 (GLOBE NEWSWIRE) — W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that Janet Yang, Executive Vice President and Chief Financial Officer, will be leaving the Company on May 11, …

Source: Reuters

Oil steady but weak US economic data stokes recession fears

BOE Report


Oil was steady on Thursday but weak U.S. economic data raised concerns over a potential global recession and demand reduction, but benchmark prices were headed for a weekly advance after OPEC+ announced further output cuts and U.S. oil …

ConocoPhillips wins ruling to continue work on $8 billion “Willow” oil project

ConocoPhillips wins ruling to continue work on $8 billion “Willow” oil project

World Oil


(Bloomberg) – A federal judge in Alaska denied a bid by environmentalists and an indigenous group to block ConocoPhillips from opening a gravel mine and conducting other work at its $8 billion Willow oil project in the state.…

Earthstone Energy, Inc. announces increased elected commitments under its credit facility

Earthstone Energy, Inc. announces increased elected commitments under its credit facility

Oil and Gas 360


THE WOODLANDS, Texas, April 03, 2023 (GLOBE NEWSWIRE) — Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone” or the “Company”) announced today that it has entered into an amendment to the Company’s senior secured revolving credit facility (the

Source: CNBC

OPEC+ just made the Fed’s job more complicated. Here’s what it did — and what could be next

CNBC


Several OPEC+ members are set to tighten global production by an additional 1.16 million barrels per day until the end of the year, further burdening central bank efforts to curtail global inflation — but critically protecting the alliance’s broader …

Source: Reuters

OPEC makes shocking oil production cut amidst new inflation risk

World Oil


(Bloomberg) – OPEC+ announced a surprise oil production cut of more than 1MMbpd, abandoning previous assurances that it would hold supply steady and posing a new risk for the global economy.

It’s a significant reduction for a market …

Source: Oil Price

Republican-sponsored energy bill passes the House

Oil Price


A Republican sponsored energy bill passed the House on Thursday that seeks to promote oil and gas production in the United States, as well as repeal parts of Biden’s Inflation Reduction Act.

H.R. 1 passed the House by …

Source: Reuters

Rising costs are hurting U.S. oil and gas production growth

Oil Price


Soaring costs have caused a slowdown in oil and gas production growth in the U.S., with the outlook also worsening, the latest edition of the Dallas Fed Energy Survey showed.

 

 

The survey found that business …

Source: Reuters

U.S. Energy Information Administration: U.S. crude oil exports reached record high in 2022

World Oil


In 2022, U.S. crude oil exports averaged 3.6 MMbpd, a record high according to export data that has been collected since 1920. U.S. crude oil exports in 2022 were 22% (640,000 bpd) higher than in 2021. Increased U.S. …