Wells

Extraction Oil & Gas Inc., which launched as a public exploration and production company last fall, reported a surge in output from its Colorado operations during the first quarter, where enhanced drilling techniques are expected to deliver double-digit growth this year.

Cimarex Energy Co., exclusively focused on the Permian Basin and the Midcontinent, said a pair of test wells targeting the Upper and Lower Wolfcamp formations in New Mexico and Texas showed enough promising results to increase full-year production guidance.

Houston-based WildHorse Resource Development Corp. (WRD) has struck a $625 million deal to acquire 111,000 net acres and associated production in the Upper Eagle Ford Shale of East Texas.

EOG Resources Inc. struck oil gold in the Permian Basin during the first quarter, with four wells in the Whirling Wind field of New Mexico breaking industry records.

After more than six years of its natural gas operations being caught in a perfect storm of legal, regulatory, political and economic controversy, San Francisco-based Pacific Gas and Electric (PG&E) is beginning to emphasize climate change and the multi-billion-dollar electric side of its combination utility business.

Anadarko Petroleum Corp., Colorado’s largest oil and natural gas producer, is shutting in more than 3,000 vertical wells in the northeastern part of the state after a mid-April explosion killed two men in a recently built home in Weld County located about 170 feet from one of the company’s wells.

EQT Corp. said Thursday that it has acquired 220,000 core Marcellus Shale acres since the beginning of last year, more than any other Appalachian operator since 2015, adding that it plans to continue consolidating assets this year.

While it leaned on the Appalachian Basin to drive production and benefited from an improved market to deliver solid financial results, Range Resources Corp. had a busy first quarter in North Louisiana, where it has been learning more about the Cotton Valley Sands Terryville Complex.

A pilot program launched last year between Denver-based Whiting Petroleum Corp. and North Dakota’s state-sponsored Oil/Gas Research Council (OGRC) has produced some encouraging results that have Whiting engineers and state energy officials salivating at long-term prospects for boosting oil/natural gas production in the second biggest producing state in the nation.