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Serving the E&P market with news, analysis and business opportunities.

PLS publishes news and analysis on the exploration and production (E&P) sector through its E&P module. The blue banner report covers new well discoveries, drilling activities, acreage sales, industry statistics (drilling results, activity permits and intents to drill) and technological updates.

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News Date
PS - People & Companies - November 8, 2018
ConocoPhillips announced the retirement of Al Hirshberg as EVP of production, drilling and projects after more than eight years with the company and 35 years of industry service. Concurrently, the...
Nov 08, 2018
PS - Analysts Notes - November 08, 2018
We expect the strong quarter in the Delaware and Eagle Ford as well as steps to mitigate WCS pricing pressure to be overshadowed by a worse than expected quarter in the STACK. That said, we believe...
Nov 08, 2018
Whiting applies Gen. 4 completions on unique ‘pinwheel’ pad
A 14-well pad completed by Whiting Petroleum in an unique “pinwheel” configuration is being highlighted by the company as an innovative use of wellbore planning and extended-reach laterals to recover...
Nov 08, 2018
Australis kicks off first Tuscaloosa drilling in three years
After a three-year hiatus, the Tuscaloosa marine shale saw the first stirrings of new activity as Australis Oil & Gas began drilling the first of at least six planned wells into the deep oil...
Nov 08, 2018
Permian players top guidance, plan to go big next year
With Q3 results pouring in from US E&P firms, Permian operators stood out by exceeding production guidance. In the Delaware basin, Devon Energy beat guidance on the backs of seven Wolfcamp wells with...
Nov 08, 2018
Gulfport’s Woodford wells approach 2 MMcfe/d per 1,000 ft
Gulfport Energy turned six woodford wet gas wells and one Sycamore well in the SCOOP play during Q3 with completed laterals ranging 7,110-9,939 ft. The Woodford wells had 30-day rates averaging 16.8...
Nov 08, 2018
Sanchez improves Comanche wells, plans reduced 2019 D&C
Efforts undertaken by Sanchez Energy to combat rapid well declines in its Comanche area are beginning to bear fruit, pushing company wide production over 80,000 boe/d in October after output fell 5%...
Nov 08, 2018
Hilcorp cleared to develop Liberty oil project off Alaska
The US Bureau of Ocean Energy Management gave conditional approval to Hilcorp’s Liberty project offshore Alaska, the first ever in federal Arctic waters. Hilcorp filed its development plan in 2014...
Nov 08, 2018
Antero cranks up D&C pace in Q3, reaches 3 Bcf/d milestone
Despite releasing three frac crews in September, Antero Resources turned a record 73 wells to sales in Q3 compared with just 51 the entire first half of the year. This aggressive development program,...
Nov 08, 2018
Cabot targets 20-25% 2019 production growth on lower capex
After boosting output 7% sequentially to 2.03 Bcf/d (100% gas) in Q3, Cabot Oil & Gas announced plans to grow production 20-25% YOY in 2019. That’s a significant increase from the 7-8% increase...
Nov 08, 2018

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