Independents

Haynesville’s Texas IP Rates Compete with Louisiana

Three independents last week separately announced strong initial production (IP) rates from natural gas wells that were drilled horizontally on the Texas side of the Haynesville Shale.

June 8, 2009

Haynesville’s Texas Wells Showing Strong IP Rates

Three independents this week separately announced strong initial production (IP) rates from natural gas wells that were drilled horizontally on the Texas side of the Haynesville Shale.

June 5, 2009

North America Seen Most Affected by Producer Capex Cuts

Spending by oil majors has held steady, but independents and smaller producers have cut their capital spending (capex) this year by at least a third because of weak cash flow and a lack of borrowing access, a survey by energy investment bank Tristone Capital reported Friday.

March 30, 2009

North America Seen Most Affected by Producer Capex Cuts

Spending by oil majors has held steady, but independents and smaller producers have cut their capital spending (capex) this year by at least a third because of weak cash flow and a lack of borrowing access, a survey by energy investment bank Tristone Capital reported Friday.

March 30, 2009

BP CEO: Time for Industry to ‘Get Back in Shape’

Dash any rumors that BP plc is stalking cash-distressed independents. Now’s not the time, CEO Tony Hayward said last week.

February 9, 2009

BP CEO Says It’s Time for Industry to ‘Get Back in Shape’

Dash any rumors that BP plc is stalking cash-distressed independents. Now’s not the time, CEO Tony Hayward said on Tuesday.

February 4, 2009

Calgary’s Nexen, Petro-Canada to Spend ‘Prudently’ in 2009

Joining Canada’s EnCana Corp. in carefully monitoring capital expenditures (capex) and exploration in the coming year are two more top independents headquartered in Calgary: Nexen Inc. and Petro-Canada Inc., which last week detailed their reduced spending programs.

December 15, 2008

Calgary’s Nexen, Petro-Canada to Spend ‘Prudently’ in 2009

Joining Canada’s EnCana Corp. in carefully monitoring capital expenditures (capex) and exploration in the coming year are two more top independents headquartered in Calgary: Nexen Inc. and Petro-Canada Inc., which this week detailed their spending programs.

December 12, 2008

EOG, Anadarko Mark Quarter with Income, Production Gains

Hedging gains and production growth resulted in strong quarterly earnings reports for two Houston-based independents, EOG Resources Inc. and Anadarko Petroleum Corp. During separate conference calls last week, the CEOs acknowledged their oil and natural gas drilling prowess, but they also pointed to their companies’ sturdy finances in the uncertain credit market.

November 10, 2008

EOG, Anadarko Mark Quarter with Income, Production Gains

Hedging gains and production growth resulted in strong quarterly earnings reports for two Houston-based independents, EOG Resources Inc. and Anadarko Petroleum Corp. During separate conference calls Tuesday, the CEOs acknowledged their oil and natural gas drilling prowess, but they also pointed to their companies’ sturdy finances in the uncertain credit market.

November 5, 2008