Post Tagged with: "STACK"
STACK’s Gas: Howard Energy Partners to Build New Gas Gathering System in Oklahoma
Howard Energy Partners Announces New Natural Gas Gathering System in Oklahoma’s STACK Play
…More Oil and Gas M&A: Roan Resources Confirms Indications of Interest, In-Basin Consolidation Opportunities
Roan Resources forms transaction committee
Roan Resources, Inc. (NYSE: ROAN) said it has received multiple unsolicited indications of interest to purchase the company.
Roan reports it has an 150,000-acre position with an estimated resource potential of more than 2 billion …
SCOOP/STACK’s Roan Resources Points Capital Spend to Completing DUCS 1H 2019
Roan Resources, Inc. Announces Fourth Quarter Highlights and 2019 Development Program Focused on Capital Discipline and Positive Free Cash Flow by the Fourth Quarter 2019
…Oklahoma’s Production Tax Increase and the Biggest Problem Facing STACK/SCOOP Producers
From The Oklahoman
Readers asked the Oklahoman about the potential that gross production taxes might be increased if Drew Edmondson is elected governor. The Oklahoman’s energy reporters, Adam Wilmoth and Jack Money, fielded questions during their monthly online energy chat …
EcoStim Ups Capacity to ‘Super Fleet’ in the STACK
Eco-Stim Energy Solutions, Inc. (ticker: ESES) reported today that it has agreed to provide its primary customer in the STACK with additional dedicated horsepower and equipment, including natural gas-powered pumping units. The company refers to this collaborative plan as a …
Going Gangbusters in the STACK: Alta Mesa Resources Running 8 Rigs, Expects 170+ Wells in 2018
Alta Mesa Resources, Inc. (ticker: AMR) produced 24,000 BOEPD in Q1 2018 and exited the quarter with average net production of 25,800 BOEPD in March. Overall, total production for the first quarter of 2018 was 2,162 MBOE. According to Alta …
Newfield and Continental Tout SCOOP/STACK, Bakken
Newfield’s SCOOP/STACK operations pinned to future growth; Williston Basin infill projects look to deliver $100 million of free cash flow in 2018
Newfield Exploration Company (ticker: NFX) had record net production during Q1 2018, with SCOOP/STACK net production averaging 117,500 …
LINN Energy: Executive Departures and New Leadership
LINN Energy, Inc. (ticker: LNGG) has updated its plan to spinoff into three companies, and has provided more detail as to who will lead the branched-off companies.
Riviera Resources formed, OTC ticker RVRA
LINN Energy’s board has formed Riviera Resources, …
Alta Mesa Resources Expects $725-$800 Million 2018 CapEx
Alta Mesa Resources, Inc. (ticker: AMR) and its wholly owned subsidiaries, Alta Mesa Holdings, LP (AMHLP) and Kingfisher Midstream, LLC, have released financial results, CapEx guidance and other updates.
2018 CapEx
Alta Mesa’s total capital expenditures for 2018 are expected …
Eco-Stim Energy Pushes Further Into STACK
Eco-Stim Energy Solutions, Inc. (ticker: ESES) reported a net loss of $26.9 million, or $(0.41) per basic and diluted share for the full year of 2017. For Q4 2017, EcoStim reported a net loss of $9.1 million, or $(0.12) per …
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 …
Devon Energy Drills Record-Breaking STACK Well
Devon Energy (ticker: DVN) announced July 11th that it had brought a record setting well to production. The well reached a 24-hour peak production rate of 6,000 BOEPD, 50% of which was oil. The record-setting well, called the Privott …
Gastar Exploration, Development in the STACK
Oklahoma-centered Gastar Exploration Inc. (ticker: GST) has built its production portfolio primarily in the STACK play, where it holds 62,600 of its 89,600 net acres, spread across 5 core-zones. The company averaged approximately 5,700 BOEPD during Q1, 2017.
Gastar’s STACK
…Eagle Ford, STACK Shine for Devon in Q1
Devon targets 20 U.S. operated rigs by year-end
Devon Energy Corp. (ticker: DVN) reported stronger than expected production results Tuesday as the company’s U.S. resources outperformed its earlier guidance. Oil production averaged 261 MBOPD, up 7% sequentially, 5 MBOPD more …
Cheniere Gets Commitments from Devon, Marathon and Gulfport for Proposed STACK/SCOOP-to-Gulf Coast Gas Pipeline
Cheniere’s Midship open season ends March 30
Cheniere Energy’s (ticker: LNG) Midship Pipeline Company, LLC has signed agreements with foundation shippers to support construction of a 200 mile, 36-inch interstate natural gas pipeline project and has launched a binding open …
Continental Resources Reports Record Well in the STACK
Continental Resources’ Angus Trust 1-4-33XH produced 4,642 BOE during its 24-hour IP test
Oklahoma City-based Continental Resources (ticker: CLR) announced that its recently completed Angus Trust 1-4-33XH has set a company IP record. The well, which was drilled in the …