Post Tagged with: "Finances"

Devon Energy Accelerates Production to 195 MBOEPD

Devon Energy Accelerates Production to 195 MBOEPD

Devon’s early ’18 production from Delaware, STACK up 20% over 2017 average

Devon Energy Corp. (ticker: DVN) accelerated production growth in early 2018. The company’s Delaware Basin and STACK assets are producing approximately 195,000 BOEPD. The combined daily production rates …

February 21, 2018 - 4:53 pm — Canada, Closing Bell Story‎, Earnings, Exploration and Production (E&P), Finance, Midstream, Oil and Gas 360 Articles
Valhall Drilling Platform, Norway

Hess Corporation Replaced 351% of Production for ~$5 F&D per Barrel

Hess Corporation (ticker: HES) reported a net loss of $2.677 billion, ($8.57) per share, in the fourth quarter of 2017. For reference, the company had a net loss of $4.892 billion in the fourth quarter of 2016.

Fourth quarter 2017 …

February 5, 2018 - 4:52 pm — Closing Bell Story‎, Earnings, Exploration and Production (E&P), Fracing, International, Mexico, Offshore, Oil and Gas 360 Articles
Relationships Among O&G Reserve Classifications

More E&Ps Will Pass New OCC Leverage Tests in 2017-2019: Haynes and Boone

Firm sees E&P borrowing on the rebound – failure rate will improve from a dismal 91% in 2016 to 26% in 2019

In March 2016, the Office of Comptroller of the Currency (OCC) issued the “Oil and Gas Exploration and …

October 31, 2017 - 4:37 pm — Closing Bell Story‎, Exploration and Production (E&P), Finance, Oil and Gas 360 Articles
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