Charlie Passut

Oasis Petroleum Inc. said it expects production to be essentially flat entering into 2019, and plans to use cash flow from its assets in the Williston Basin to fund a small outspend in the Permian’s Delaware sub-basin.

Carrizo Oil & Gas Inc. plans to develop more large-scale multi-pad projects in the Eagle Ford Shale and perform additional multi-layer testing in the Permian Basin’s Delaware sub-basin in 2019 in expectations of delivering double-digit production growth.

Onshore heavyweight EOG Resources Inc. became one of the rare explorers to announce increased capital spending for 2019, with plans to devote more resources to new areas in the Lower 48 with better-priced drilling potential and less funds to more established plays.

Two years after agreeing to expand midstream operations in the Permian Basin’s Delaware formation, subsidiaries of Matador Resources Co. and private equity Five Point Energy LLC agreed to a second partnership that would nearly double processing capacity with a cryogenic natural gas processing plant in New Mexico.

After executing a transformative deal last year with Dallas Cowboys owner Jerry Jones to return the company to profitability, Comstock Resources Inc. has unveiled plans to spend more on completions in 2019 and grow natural gas production by about 50%.

Denver-based Cimarex Energy Co. said it will cut its capital budget for 2019 and pivot to developing assets in the Permian Basin over the Midcontinent, but it won’t drop any rigs as it looks to grow its total production by double digits.

Permian pure-play Parsley Energy Inc. said it will increase its development activity in a portion of the Midland sub-basin in 2019, as it reaffirmed plans to reduce capital expenditures (capex) and still grow production.

After a fourth quarter when Permian Basin pure-play Diamondback Energy Inc. nearly doubled its core acreage position, the company reiterated plans to be more conservative in 2019, even as it realizes synergies from several mergers quicker than it expected.

A divided FERC on Thursday granted certificates of public convenience and necessity to a pair of natural gas pipeline projects proposed in New England and Minnesota.