Post Tagged with: "MMboe"

Unit Corporation Produces 4.3 MMBOE in 2017

Unit Corporation Produces 4.3 MMBOE in 2017

In the fourth quarter of 2017, Unit Corporation (ticker: UNT) recorded a net income of $89.2 million, this compares to a net income of $1.7 million for Q4 2016. $81.3 million of the net income was accounted for as a …

February 23, 2018 - 1:27 pm — Closing Bell Story‎, Earnings, Exploration and Production (E&P), Fracing, Oil and Gas 360 Articles
Advantage Oil & Gas Averaged Production of Nearly 40 MBOEPD in 2017

Advantage Oil & Gas Averaged Production of Nearly 40 MBOEPD in 2017

Advantage Oil & Gas Ltd. (ticker: AAV) released Q4 2017 and year-end 2017 results today. The company added reserves, increased annual production by 16% and spent $249 million in 2017.

Growing reserves

PDP reserves increased 27% due to the recognition …

February 12, 2018 - 5:23 pm — Closing Bell Story‎, Exploration and Production (E&P), Fracing, Oil and Gas 360 Articles
CNOOC 2018: 470 MMBOE Target, $11 Billion CapEx

CNOOC 2018: 470 MMBOE Target, $11 Billion CapEx

CNOOC Limited (ticker: CEO) plans to target 470-480 MMBOE for its net production goal in 2018. The geographic production areas are split between China (64%) and overseas (36%). The company’s net production for 2017 stood at approximately 469 MMBOE. As …

February 6, 2018 - 4:20 pm — China, Closing Bell Story‎, Exploration and Production (E&P), International, Offshore, Oil and Gas 360 Articles
Sanchez Energy Grows Proved Reserves by 88%, Sets Production Record

Sanchez Energy Grows Proved Reserves by 88%, Sets Production Record

Sanchez Energy Corporation (ticker: SN) released year-end 2017 proved reserves and operating results for the fourth quarter and full year 2017.

Highlights

  • Proved reserves increased by 88% during the year to approximately 363 MMBoe, with a reserve replacement ratio of
…
February 1, 2018 - 6:11 pm — Closing Bell Story‎, Earnings, Exploration and Production (E&P), Fracing, Oil and Gas 360 Articles
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