Exploration & Production

US Court Blocks Trump Administration From Ending Methane Leak Rule

The rule, finalized in November 2016, took effect in January 2017 and was aimed at reducing leaks of natural gas, or methane, that happen through venting and flaring during oil production on federal land.

Feb 23 2018 - 9:30am

Ring Energy Prices $71 Million Equity Offering

Ring said it intends to use proceeds from the offering to fund its 2018 capex, the majority of which will be allocated to the company's Central Basin Platform asset in the Permian.

Feb 23 2018 - 9:20am

Cabot Oil & Gas Profit Beats On Higher Prices, Production

Cabot, which gets its bulk of revenue from natural gas, said total production rose to 172.6 Bcfe from 164.2 Bcfe.

Feb 23 2018 - 8:55am

BHP, ExxonMobil Drop Sale Of Australian Oil Fields

The resource giants had said they were looking to sell 13 fields, licenses and associated infrastructure held in Australia's Gippsland Basin.

Feb 23 2018 - 8:50am

Enerplus Quarterly Profit Beats Expectations On Higher Oil Prices

Enerplus stood by its capex forecast of C$535 million to C$585 million in 2018, saying it will spend 75% of that amount to develop its North Dakota assets in the Williston Basin.

Feb 23 2018 - 8:45am

Hilcorp Founder Jeffrey Hildebrand Steps Aside As CEO

Hildebrand will remain Hilcorp’s executive chairman and continue to be heavily involved in the company’s operations, a spokesman said.

Feb 23 2018 - 7:55am

Apache's Oil Output Forecast Disappoints; Shares Drop

Apache forecast 2018 oil production that was below analyst estimate sending its stock down more than 5%  despite the U.S. shale oil producer's better-than-expected quarterly profit.

Feb 22 2018 - 3:15pm

Chesapeake Says To Raise 2018 Output On Lower Spending; Shares Jump

Chesapeake said it will focus on the Powder River Basin across Montana and Wyoming to tap gas reserves and expects new wells to be "a lot more economic."

Feb 22 2018 - 2:45pm

Legacy Reserves Promotes CFO Dan Westcott To President

Paul Horne has resigned his position as president but will remain Legacy Reserve's chairman and CEO. The changes will take effect March 1.

Feb 22 2018 - 2:55pm

Chesapeake Energy Executive: 'Haynesville Hot Again'

Longer laterals and bigger completions have changed the game for Chesapeake in the Haynesville, vice president Tim Beard said at Hart Energy’s inaugural DUG Haynesville conference.

Feb 22 2018 - 12:30pm