Continental Resources Inc. said it was ahead of schedule with a multi-year program to develop oil and liquids-rich assets in Oklahoma’s stacked reservoirs, but it will hold the line on spending, even as a rebound in oil prices is projected to bring close to $1 billion in free cash flow by year’s end.
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Articles from Charlie Passut
The Interior Department’s Bureau of Land Management (BLM) issued a supplemental draft environmental impact statement (EIS) for a controversial 5,000-well oil and gas project proposed by five producers in Wyoming’s Powder River Basin.
ConocoPhillips grew its unconventional production in three Lower 48 unconventional plays by more than 30% in the first quarter and held the line on capital expenditures (capex) and production guidance.
Nearly three years after first filing for the projects, NextDecade Corp. said FERC issued final environmental impact statements (EIS) for its proposed liquefied natural gas (LNG) export terminal in South Texas and an associated pipeline system that would supply the terminal.
Three weeks after voluntarily dropping its opposition to reinstating two oil and gas leases in northwestern Montana, the Interior Department’s Bureau of Land Management (BLM) has asked a federal appeals court to dismiss a case for lack of jurisdiction.
The Environmental Protection Agency (EPA) said it will continue to exempt wastes from oil and natural gas operations from the law governing hazardous wastes after concluding that state programs to manage them were sufficient and spills were rare.
Northern Oil and Gas Inc. is acquiring about 18,000 net acres in the heart of the Williston Basin, including producing wells, from Ven Bakken LLC in a cash-and-stock deal valued at more than $311 million.
Cogent Midstream LLC is planning to build a residue natural gas pipeline with 400 MMcf/d of capacity to a processing facility in the Permian Basin’s Midland formation, which would connect to the hotly anticipated 2 Bcf/d Gulf Coast Express (GCX), set for start-up this fall.