Centennial

WaterBridge Builds Permian Water Infrastructure with Centennial Purchase

Permian Basin midstream water player Waterbridge Holdings LLC is adding more produced water infrastructure in West Texas by taking over assets of a subsidiary of Centennial Resource Development Inc.

February 25, 2020

4Q2019 Earnings: With Centennial on Solid Footing, Mark Papa Giving Retirement Another Shot

Denver-based Centennial Resource Development Inc. Chairman and CEO Mark Papa, an industry icon before he took over in 2016, is planning to give retirement another go, but he is not going quietly, and per usual offered his take on the markets on Wednesday.

February 25, 2020

Centennial Says Waha Prices Low Until Texas Summer Demand Heats UP, GCX Starts Up

Permian Basin pure-play Centennial Resource Development Corp., like other operators across the basin, is pinning its expectation for higher Waha natural gas prices on stronger summer demand in Texas and the start up of one pipeline that isn’t set to ramp until later this year.

May 8, 2019
Centennial Testing More Permian Delaware Zones, Prowling for More Bolt-Ons

Centennial Testing More Permian Delaware Zones, Prowling for More Bolt-Ons

Centennial Resource Development Inc., which has placed its flag in the Permian Basin’s Delaware formation, plans to pursue more bolt-on acquisitions this year and continue to explore additional horizons across existing acreage with a lower rig count and reduced spending.

February 26, 2019

Centennial Replenishes Permian Delaware Inventory with Eye on Boosting Oil Volumes

Denver-based Centennial Resource Development Inc. continues to bolt on acreage in its Permian Basin bastion, as volumes rose and costs declined in the third quarter.

November 6, 2018
Centennial Expects to Reap Benefits in Unhedged Permian Oil

Centennial Expects to Reap Benefits in Unhedged Permian Oil

In his inimitable style, Centennial Resource Development Inc. CEO Mark Papa on Wednesday took federal and international energy experts to task and blasted the “groupthink” that bullish U.S. onshore oil supply is going to tank global crude oil prices.

May 10, 2018

Centennial Sees Natural Gas Takeaway Issue Looming in Permian Delaware

Centennial Resource Development Inc. is planning to spend more this year for its Permian Basin operations in West Texas to prevent constraints in moving its natural gas to markets, CEO Mark Papa said Tuesday.

March 1, 2018

Permian’s Southern Delaware Energizes Centennial Resource, Jagged Peak

Denver-based independents Jagged Peak Energy Inc. and Centennial Resource Development Inc., each working the Permian Basin in West Texas, credited better completion techniques in helping them to increase oil and natural gas production from a year ago.

May 12, 2017

Centennial Builds Permian War Chest in Delaware, Volumes Now Rising 80% Annually to 2020

Centennial Resource Development Inc. on Monday agreed to ante up $350 million to GMT Exploration Co. to expand its Permian Basin holdings into New Mexico’s Delaware sub-basin.

May 1, 2017
Centennial’s Papa Sees Permian Output From Delaware Climbing 72% Per Year to 2020

Centennial’s Papa Sees Permian Output From Delaware Climbing 72% Per Year to 2020

Permian Basin pure-play Centennial Resource Development Inc., which under the tutelage of former EOG Resources Inc. chief Mark Papa snapped up a tantalizing set of properties in West Texas last year, expects total output to soar in 2017 by 191%, the Denver-based explorer said Thursday.

March 23, 2017
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