Post Tagged with: "costs"

Courtesy of WPX Energy

WPX Energy: Daily Production 76% Higher than Year Ago

WPX Energy, Inc. (ticker: WPX) reported a net loss of $119 million, or $(0.30) per common share for the first quarter of 2018. Production for the quarter reached 102.7 MBOEPD, a 6% sequential increase over Q4 2017 and 76% higher …

Billion-Dollar PennEast Pipeline Approved by FERC

Billion-Dollar PennEast Pipeline Approved by FERC

Severe temperatures and extreme prices push FERC toward pipeline approval; will bring Marcellus gas to Pa., NJ customers

According to PennEast Pipeline Company LLC, the Federal Energy Regulatory Commission (FERC) recognized the need for and the public benefit of the …

Does Increase in Oil Service Activity Indicate an Uptick?

Does Increase in Oil Service Activity Indicate an Uptick?

Oil prices have been on the rise over the course of the last several months, and for the first time in a long time, rig count has been moving up instead of down.

With the price reaching $50 a barrel, …