Chesapeake Energy said this week it recorded the fastest drilling program performance of all-time in its operations in the Marcellus play.
Marathon Oil Reports Q3 2023 Results
Third quarter results are a continuation of our track record of consistent operational execution, strong financial results, and peer-leading return of capital to our shareholders,” said chairman, president, and CEO Lee Tillman. “We expect to finish the year strong with free cash flow generation growing sequentially again in the fourth quarter, contributing to both peer- and market-leading shareholder distributions.
CALLON PETROLEUM COMPANY REPORTS Q3 2023 RESULTS
Callon Petroleum Company (NYSE: CPE) (“Callon” or the “Company”) today reported third quarter 2023 financial and operating results. Reduced long-term debt to $1.9 billion Reiterated full-year 2023 capital expenditure outlook of $960 – $980 million Recent efficiency gains are expected to reduce 2024 drilling, completion, and facilities costs by more than 15% per well
Matador Resources Company Reports Q3 2023 Results
The third quarter of 2023 was the best quarter of total production in Matador’s history, as we averaged more than 135,000 barrels of oil and natural gas equivalent (‘BOE’) per day.
Enterprise to further expand Permian gas processing, pipeline network
Enterprise Products Partners LP is investing more than $3 billion on a series of new projects to further expand its existing natural gas processing and gathering systems in the Delaware and Midland subbasins of the Permian basin.
Exxon CEO says technology advances could double its shale output
Exxon Mobil Chief Executive Darren Woods said on Thursday that he aims to double the amount of oil produced from the company’s U.S. shale holdings over a five-year period using new technologies.
Wave of billion-dollar oilpatch deals a sign of bullish Canadian energy sector
Since the start of the year, there have been a number of billion-dollar-plus deals struck in the Canadian energy sector, including Crescent Point Energy Corp.’s $1.7-billion purchase of Spartan Delta Corp.’s Montney oilfield assets, ConocoPhillips’ approximately $4-billion purchase of TotalEnergies’ Surmont oilsands project, and Suncor Energy Inc.’s $1.47-billion acquisition of Total’s stake in the Fort Hills oilsands mine.
Exxon to sell XTO’s Freestone Trend assets in East Texas
Exxon Mobil subsidiary XTO Energy has agreed to sell oil and gas assets in the Freestone Trend area of East Texas to the Houston-based oil company Hilcorp Energy
ConocoPhillips Reportedly Considering Merger Deal For Permian’s CrownRock
As merger-mania in the American shale patch continues to gain momentum, ConocoPhillips is now said to be considering an offer for Permian basin producer CrownRock LP, Reuters reports, citing unnamed sources.
EOG Oklahoma
EOG Resources Inc (EOG) is an independent upstream oil and gas company. The company, along with its subsidiaries, explores for, develops, and produces crude oil and natural gas. One of the areas of drilling and exploration for EOG id the Oklahoma Anadarko basin. EOG has drilled 34 wells in Oklahoma since 2019.
