Permian, Marcellus Lead U.S., while Eagle Ford Dives Hard As cost structures are held in check and oil price fluctuations are seemingly without end, producers are evaluating acreage positions and determining what are the best assets. As covered by Oil & Gas 360®, the Permian basin has been the hot bed of activity recently. With IRRs and breakeven costs in
SM Energy presents at EnerCom’s The Oil & Gas Conference® During SM’s breakout sessions, management was asked the following questions: Can you talk about the split of full cycle wells in the Permian? What is your infrastructure plan for the new area of the Permian? What do you do about the Williston Basin? Do you run a rig in Divide
QEP presents at EnerCom’s The Oil & Gas Conference® During the QEP breakout session, management was asked the following questions: Where do you think the Permian Basin is in the acquisition and consolidation cycle? How would you characterize the need for inventory in the Permian? What kind of organic growth do you envision from the Central Basin Platform? You mentioned
Anadarko presents at EnerCom’s The Oil & Gas Conference® During Anadarko’s breakout session, management was asked the following questions: As you roll into next year, how are you thinking about CAPEX and cash flow given the probable lack of divestiture properties? If we did get back to $60 oil, where would the focus and incremental drilling be located? Could you
Resolute Energy presents at EnerCom’s The Oil & Gas Conference® During Resolute Energy’s breakout session, management was asked the following questions: With the sale of the midstream assets, what is that going to do to your LOE’s out of the Permian? What should we model for your LOE’s or operating costs out of the Permian? How do you think about
Earthstone Energy (ticker: ESTE) will be presenting at the EnerCom conference Wednesday August 17, 2016. Earthstone Energy is an independent oil and gas exploration company headquartered in The Woodlands, Texas. The company’s primary assets are located in the Eagle Ford trend of south Texas, the Midland Basin of west Texas, and in the Williston Basin of North Dakota and Montana.
Posts all-time record production to close Q2 Resolute Energy Corporation (ticker: REN) will be presenting at EnerCom’s The Oil & Gas Conference® 21 in Denver on Monday, August 15, 2016. Resolute Energy is an unconventional U.S. operator focused on domestic hydrocarbons, namely crude oil. The company has two primary operating regions with assets in the Permian Basin of Texas and
Baker Hughes released an updated rig count today. This week’s count saw a shift in the oil and gas split, with oil rigs increasing by seven rigs while gas rigs fell by five. The rig additions were solely horizontal, with eight horizontal rigs added to the mix, directional rigs fell by four, and vertical rigs fell by three. Looking at
SM Energy will present at EnerCom’s The Oil & Gas Conference® 21 on Aug. 16, 2016. SM Energy (ticker: SM) is an independent E & P company headquartered in Denver, Colorado. Its operations include the Eagle Ford and Haynesville shales as well as the Permian/Delaware, Powder River and Williston basins. Operations Review SM Energy has gradually dropped its operating rig
QEP Resources will present at EnerCom’s The Oil & Gas Conference® 21 on Aug. 16. QEP resources, Inc. (ticker: QEP) is an independent crude oil and natural gas exploration and production company headquartered in Denver, Colorado. The company’s operations are focused on all three components of hydrocarbon production, oil, natural gas liquids, and dry natural gas. QEP holds acreage in
Trends suggest that operators are using their DUCs as a more capital efficient means of tapping production, rather than using them to grow production For the past year, discussions in the oil and gas industry have been focused on asking what role drilled uncompleted wells, or DUCs, will play in the industry’s recovery. Most analysts have predicted a rapid reduction
Count of U.S. Working Oil Rigs Falls 2 Rigs to 316 The total U.S. rig count held steady this week for the first time in 2016 (last week of unchanged rig count was December 18, 2015), bucking the trend of continued decline. Oil rigs continued to decline, down -2 rigs this week, and 220 rigs year to date. Natural gas
