Expenditures

Rosetta Resources Entering Permian With $768M Deal

Rosetta Resources Inc. has agreed to pay Comstock Resources Inc. $768 million for a package of Permian Basin oil and liquids-rich assets, giving it entry into the West Texas basin.

March 18, 2013

Goodrich Targeting Oil in Eagle Ford, TMS

Goodrich Petroleum Corp. plans to spend between $175 million and $200 million on capital expenditures (capex) in 2013, most of which will go toward drilling for oil in the Eagle Ford Shale and Tuscaloosa Marine Shale (TMS), but a small portion will be spent on dry gas in the Haynesville Shale.

January 7, 2013
Goodrich Spending Targeting Oil in Eagle Ford, TMS

Goodrich Spending Targeting Oil in Eagle Ford, TMS

Goodrich Petroleum Corp. said Thursday it plans to spend between $175 million and $200 million on capital expenditures (capex) in 2013, most of which will go toward drilling for oil in the Eagle Ford Shale and Tuscaloosa Marine Shale (TMS), but a small portion will be spent on dry gas in the Haynesville Shale.

January 4, 2013

Noble to Target Niobrara, Marcellus in 2013

Noble Energy Inc. plans to spend $3.9 billion on capital expenditures (capex) in 2013, almost half of which is to go toward drilling horizontal wells in the Niobrara-Denver Julesburg (DJ) Basin.

December 17, 2012

ConocoPhillips Directs Most 2013 Spending to U.S., Canada

ConocoPhillips plans to spend more than half of next year’s capital expenditures (capex) on North America, with a focus on deepwater Gulf of Mexico (GOM) and unconventional onshore, the independent said.

December 11, 2012
Noble Energy Targeting Niobrara, Marcellus in 2013

Noble Energy Targeting Niobrara, Marcellus in 2013

Noble Energy Inc. announced Thursday that it plans to spend $3.9 billion on capital expenditures (capex) in 2013, almost half of which will go toward drilling horizontal wells in the Niobrara-Denver Julesburg (DJ) Basin.

December 11, 2012

Eagle Ford Capex May Surpass World’s Most Expensive Energy Project

Over the next three years capital expenditures (capex) in the Eagle Ford Shale could top the projected spending for the Kashagan project in Kazakhstan, now the world’s most expensive standalone energy project, according to an analysis by Wood Mackenzie.

December 10, 2012

BP Taking ‘Simpler,’ More Oily Path

BP plc CEO Bob Dudley last week said the beleaguered oil major will become a “simpler,” more oily company over the next few years.

December 10, 2012

Eagle Ford Projected Capex May Top All Others

Over the next three years capital expenditures (capex) in the Eagle Ford Shale could top the projected spending for the Kashagan project in Kazakhstan, now the world’s most expensive standalone energy project, according to an analysis by Wood Mackenzie. In 2013 alone, $28 billion is slated to be spent in the South Texas region, according to upstream research analyst Callan McMahon.

December 10, 2012
Freeport-McMoRan Returns to U.S. Energy Roots in $9B Deal

Freeport-McMoRan Returns to U.S. Energy Roots in $9B Deal

Freeport-McMoRan Copper & Gold on Wednesday returned to its U.S. energy roots with a $9 billion cash-and-stock offer to buy Plains Exploration & Production Co. (PXP), a leading unconventional producer, and McMoRan Exploration Co.

December 6, 2012