One month after announcing it would expand its position in the Eagle Ford Shale, Sanchez Energy Corp. on Wednesday laid out plans for 2017 to boost its capital expenditures budget and tackle the acquisition's complement of drilled but uncompleted wells. Read More
Data from the latest Baker Hughes Inc. rig count shows drillers going back to the Granite Wash of the Texas Panhandle and western Oklahoma. They're also continuing their return to Louisiana's Haynesville Shale. Read More
North American super independent Encana Corp. sharply lowered costs, delivered better wells and strengthened its balance sheet last year, as it prepared for rising growth from 2017 and beyond, CEO Doug Suttles said Thursday. Read More
Noble Energy Inc. has raised its U.S. onshore organic investments for 2017 by 90% year/year, in a bid to raise drilling and completion activity in Colorado and Texas, the Houston-based super independent said Tuesday. Read More
ConocoPhillips reported a net loss of $3.6 billion in 2016, but the company continued its shift toward unconventional production by dispatching additional rigs to the Permian Basin, Bakken and Eagle Ford shales, and plans to have 11 rigs deployed in the Lower 48 in the next few weeks.
Dallas-based Matador Resources Co. flagged initial test results from three Permian Basin wells in Lea County, NM, which in aggregate over 24 hours flowed 7,856 boe/d, consisting of 7,172 b/d of crude and 4.1 MMcf/d of natural gas. Read More
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