Permian Resources had a strong operational and financial quarter, driven by robust well results across both Texas and New Mexico.
Permian Resources Announces Q2 2023 Results
Earthquake in Oklahoma results in temporary shutdown of completion of Paloma Resources well
A small earthquake early Thursday morning near Union City in Canadian county resulted in state regulators enforcing their earthquake mitigation plan and the temporary shutdown of a well completion process.
Vital Energy Reports Q2 2023 Financial and Operating Results
Vital Energy expects to operate three drilling rigs and approximately 1.7 completions crews across the Company’s Midland and Delaware basin assets in 2024. The Company expects to complete and TIL 70 – 75 gross (58 – 62 net) wells in 2024, a slight increase versus 2023.
First-quarter capital spending by public U.S. oil companies up, cash from operations down
Financial results for 40 publicly traded U.S. oil exploration and production (E&P) companies show capital expenditure in the first quarter of 2023 increased from the fourth quarter of 2022
Coterra Tentatively Plans to Drop $200M/Yr from Marcellus Budget
During a conference call with analysts, company management floated a potential plan to free up around $200 million from Marcellus operations in 2024 and reallocate it to other plays (the Permian or the Anadarko) by continuing to run just two rigs and one frac crew in the Marcellus.
Mewbourne Oil to pay $5.5 million from air pollution from wells in New Mexico and Texas
Mewbourne Oil, has agreed to pay a $5.5 million penalty and to spend at least $4.6 million for projects to ensure 422 of its oil and gas battery pads in New Mexico and Texas comply with state and federal clean air regulations.
White Rock Oil & Gas
White Rock, founded in 2012, invests in onshore U.S. producing oil and gas wells on behalf of its institutional clients. We seek compelling opportunities for current yield and capital appreciation through exposure to natural resources.
Chevron Q2 2023 Results
Chevrom generated revenues of $48.9 billion in Q2 2023. Chevron’s oil and gas production in the Permian Basin, the top U.S. shale field, hit 772,000 barrels a day.
Oxy Reports Q2 2023 Results
Permian, Rockies & Other Domestic and Gulf of Mexico daily production volumes all exceeded guidance at 582 Mboed, 273 Mboed and 135 Mboed, respectively.
Drilling Engineer Contact List – CA
Oil & Gas Completions contacts
