Yates Petroleum Corp., Artesia, N.M.,
completed a discovery in two Mesaverde
intervals at its #1 Barrel Springs-State. The
eastern Washakie Basin wildcat, about 20
miles south of Baggs in Section 16-15n-
93w in southwestern Carbon County,
Wyo., tested flowing 2.5 million cu. ft. of
gas, 20 bbl. of condensate and 17 bbl. of
water a day. The company fractured the
Almond from 9,819-68 ft. and from 9,922
to 10,161 ft. with 1,500 psi of flowing tubing
Halliburton Notches 21% Earnings Jump, Plans to Hike Cash Flow Returns to Shareholders
2023-01-25 - Halliburton’s Q4 earnings surge, as company says it aims to return 50% of its free cash flow to shareholders.
E&P Highlights: March 13, 2023
2023-03-13 - Here’s a roundup of the latest E&P headlines including first gas offshore Egypt and FEED updates in the upstream oil and gas industry.
SLB Beats Expectations with Strong Q4 Earnings
2023-01-20 - SLB relies on upswings from its digital unit, along with its offshore and Middle East operations, to spur a 13% jump in quarterly earnings, although some analysts were underwhelmed by the company's free cash flow.
Williams Deepwater GoM Expansions Add Significant Growth
2023-02-22 - Williams reported another year of record financial performance, and six key projects underway in the U.S. Gulf of Mexico will drive impressive EBITDA growth in coming years.
Diamondback Doubles Asset Sales Target to $1B, Reveals More Midland M&A
2023-02-24 - The Permian pure play is selling off midstream assets and upstream leasehold that can’t compete for capital in the company’s portfolio, Diamondback Chairman and CEO Travis Stice told investors.