Post Tagged with: "midland"

Concho Resources Produces 70 MMBOE

Concho Resources Produces 70 MMBOE

Concho Resources Inc. (ticker: CXO) produced 19 MMBOE in Q4 2017, an average of 211 MBOEPD. This is 28% more than Q4 2016 and 9% more than Q3 2017. Average daily crude oil production for fourth-quarter 2017 totaled 130 MBOPD, …

Energen Approaches 100 MBOEPD

Energen Approaches 100 MBOEPD

Energen Corporation (ticker: EGN) released financial and operating results for the fourth quarter and calendar year ended December 31, 2017.

“Over the last five years, the board and management have strategically divested non-core assets and transformed Energen into a low-cost …

Core Lab and Fracture ID Launch Consortium to Study the Wolfcamp

Core Lab and Fracture ID Launch Consortium to Study the Wolfcamp

Core Lab (ticker: CLB) and Fracture ID, two companies coming to EnerCom’s The Oil and Gas Conference® in August, have worked together to launch the Horizontal Reservoir Characterization Consortium—Midland Basin. The idea is to evaluate geologic heterogeneity within the entire …

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 …

Parsley Ups Borrowing Base to $1.4 Billion

Parsley Ups Borrowing Base to $1.4 Billion

Parsley has full borrowing capacity available for Permian development

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.…

Texas oil production - Oil & Gas 360

Proposed Permian Refinery Could Take 50,000 BOPD from West Texas Producers

It’s small when you compare it to the top ten largest U.S. refineries, most located on the Gulf coast, all having capacities between 300,000 barrels and half a million barrels per day, but a small Texas-based energy company has announced …

Stepping on the Accelerator: Parsley Energy Snags $607 Million in Midland, Delaware Assets

Stepping on the Accelerator: Parsley Energy Snags $607 Million in Midland, Delaware Assets

Parsley plans to complete 120-140 gross operated horizontal wells in 2017, company targets 60% annual production growth in 2017

Parsley Energy, Inc. (ticker: PE) has entered into unrelated transactions for undeveloped acreage and producing oil and gas properties adjacent …

How Much is too Much for the Permian?

How Much is too Much for the Permian?

Overall, 29% of all rigs in the United States are running in the Permian

Infrastructure constraints. Spot prices trading at a considerable discount to Cushing. Questions about the longevity of the oil boom.

E&Ps hear all the concerns in the …

October 8, 2014 - 6:21 pm Midstream, Oil and Gas 360 Articles