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Category: Oil & Gas News

Mewbourne Oil to pay $5.5 million from air pollution from wells in New Mexico and Texas

August 9, 2023 Author: phinds Category: Oil & Gas News

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.

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Chevron Q2 2023 Results

August 8, 2023 Author: phinds Category: Oil & Gas News

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.

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Oxy Reports Q2 2023 Results

August 8, 2023 Author: phinds Category: Oil & Gas News

Permian, Rockies & Other Domestic and Gulf of Mexico daily production volumes all exceeded guidance at 582 Mboed, 273 Mboed and 135 Mboed, respectively.

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Oxy – Permian Basin is the the highest quality assets Oxy has ever had

August 7, 2023 Author: phinds Category: Oil & Gas News

80 percent of Occidental’s production is in the United States delivered higher operability and better-than-expected new well performance particularly in our two new drilling space units in New Mexico.

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ConocoPhillips Reports Q2 2023 Results

August 7, 2023 Author: phinds Category: Oil & Gas News

Third-quarter 2023 production is expected to be 1.78 to 1.82 million barrels of oil equivalent per day (MMBOED). Full-year production is now expected to be 1.80 to 1.81 MMBOED, as compared to prior guidance of 1.78 to 1.80 MMBOED.

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Enterprise Permian Basin growth plans

August 5, 2023 Author: phinds Category: Oil & Gas News

Enterprise Products centered around the Permian Basin, so whether that’s an NGL pipe solution, whether that’s processing plants, or whether that’s an additional fractionator. It’s going to be all centered around Permian production growth

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Marathon Oil Q2 2023 Results

August 4, 2023 Author: phinds Category: Oil & Gas News

Marathon Oil’s originally provided 2023 production guidance ranges remain unchanged with the Company’s full year 2023 total

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EOG Resources Q2 2023 Results

August 4, 2023 Author: phinds Category: Oil & Gas News

EOF Earned adjusted net income of $1.5 billion, or $2.49 per share in Q2 2023

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Callon Petroleum Q2 2023 Update

August 3, 2023 Author: phinds Category: Oil & Gas News

Callon entered the third quarter running seven drilling rigs, five in the Delaware Basin, one in the Midland Basin, and one in the Eagle Ford. Upon closing the Eagle Ford divestiture on July 3rd, the acquiring party assumed the Eagle Ford rig.

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Devon Q2 2023 Update

August 3, 2023 Author: phinds Category: Oil & Gas News

Devon Total capital investment for the year is expected to range from $3.6 billion to $3.8 billion. These capital requirements in 2023 are estimated to be self-funded at pricing levels as low as a $40 WTI oil price.

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