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Comstock Resources Inc

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E&P Earnings Season Proves Up Stronger Efficiencies, Profits

The 2024 outlook for E&Ps largely surprises to the upside with conservative budgets and steady volumes.

Darbonne: Brownsville, We Have LNG Liftoff

The world’s attention is on the far south Texas Gulf Coast, watching Starship liftoffs while waiting for new and secure LNG supply.

Jerry Jones Invests Another $100MM in Comstock Resources

Dallas Cowboys owner and Comstock Resources majority shareholder Jerry Jones is investing another $100 million in the company.

Shale Outlook: The World Calls on US LNG. Can the Haynesville Answer?

Booming production and proximity to Gulf Coast export terminals weigh in the play’s favor.

US Drillers Cut Oil and Gas Rigs for 10th Time in 11 Weeks: Baker Hughes

U.S. oil rigs fell to 537 this week, while gas rigs dropped to 133.

Gas Producers Stress Tested at Lower Prices Show Mixed Results

Nine natural gas companies’ resilience was tested amid a mock drop in gas prices, with some E&Ps potentially facing debt repayment hardships and producing negative cash flow at lower prices.

US Drillers Cut Oil and Gas Rigs for Ninth Week in a Row: Baker Hughes

Oil rigs in the U.S. fell by 1 to 545, while gas rigs dropped by 6 to 124.

US Drillers Cut Oil and Gas Rigs for Seventh Week in a Row: Baker Hughes

The oil and gas rig count fell by 8 to 687, the lowest it's been since April 2022.

SUPER DUG: E&Ps Explore Emerging Basins, Deeper Zones in Inventory Hunt

As producers scramble to extend their inventory runways, companies are drilling deeper test wells in the Permian Basin and exploring emerging plays in the Lower 48.

Aethon’s Screamer Well Joins Comstock’s Deep-Bossier Wildcatting

Aethon Energy’s 36.9 MMcf/d Currie #2H north of Houston makes for a third well revealed in the Bossier prospect north of Houston that one longtime Texas wildcatter calls a “big boy play.”

Collapse in US Gas Prices Dents Shale A&D

Price volatility has stymied reported plans by a unit of Tokyo Gas Co Ltd. to acquire Rockcliff Energy from private equity firm Quantum Energy Partners.