Houston-based Marathon Oil Corp.’s third quarter U.S. production should average toward the high end of its guidance of 230,000-240,000 boe/d net, despite the temporary impacts from Hurricane Harvey, with annual output jumping by double-digits from 2016.
Guidance
Articles from Guidance
Harvey Pressures Permian Operations for Callon, Oxy
Permian Basin independent Callon Petroleum Co. has revised down its third quarter and full-year production guidance in part on issues related to Hurricane Harvey, which came ashore hundreds of miles away. Occidental Petroleum Corp. (Oxy) also has reduced its Permian guidance.
October 3, 2017
Permian Operator Jagged Peak Blames Hurricane Harvey for Stalled Production
Jagged Peak Energy Inc., which focuses its efforts in the Permian Basin in West Texas, revised down its third quarter guidance, blaming in part Hurricane Harvey-related curtailments.
September 19, 2017
Industry Groups Praise Rescission of Final Guidance on GHG Emissions For NEPA Reviews
A pair of industry organizations said a provision within President Trump’s executive order (EO) that calls for sweeping changes in the energy sector could help companies looking to build interstate natural gas pipelines or liquefied natural gas (LNG) projects.
March 31, 2017
Industry Groups Thank Trump For Rescinding Final Guidance on GHG Emissions in NEPA Reviews
A pair of industry organizations said a provision within President Trump’s executive order (EO) that calls for sweeping changes in the energy sector could help companies looking to build interstate natural gas pipelines or liquefied natural gas (LNG) projects.
March 31, 2017
Weather Models Much Warmer; March Called 7 Cents Lower
March natural gas is set to open 7 cents lower Monday morning at $2.96 as weather models over the weekend turned sharply warmer near term and forecast heating requirements were slashed. Overnight oil markets fell.
February 13, 2017
Consol Focused on Building Utica Core in Coming Years
Consol Energy Inc. outlined plans this week to fold more Utica Shale into its core position through a development program to increase stacked pay opportunities and build on its current 22-year drilling inventory.
December 14, 2016
House GOP Slams White House Guidance on GHG Emissions in NEPA Reviews
Congressional critics of the Obama administration’s final guidance to federal agencies for quantifying greenhouse gas emissions accused the White House in a hearing Wednesday of giving environmental groups ammunition to bring lawsuits against energy projects.
September 23, 2016
PDC Drops Rig, Raises Production Guidance on Improving Wells
PDC Energy Inc. plans to drop a rig this month, but it has increased its full-year production guidance after better than expected second quarter results.
August 10, 2016
Newfield ‘STACKs’ Chips in Oklahoma with Texas Portfolio Sale
Newfield Exploration Co. has pushed its Oklahoma’s stacked reservoirs to the head of the line after making a deal to sell almost all of its Texas portfolio, including Eagle Ford Shale and conventional natural gas assets.
August 3, 2016
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