Weekly Daily Standup Top Stories U.S. Drilling Programs Are Resilient, but It Depends on the Location November 6, 2025 Clark Savage In the ever-volatile world of energy markets, U.S. oil and gas producers are demonstrating remarkable staying power amid oil prices hovering around $60 per barrel—a level that’s uncomfortably close to breakeven for many operations. Yet, […] […]
Continue ReadingU.S. Drilling Programs Are Resilient, but It Depends on the Location November 6, 2025 Clark Savage In the ever-volatile world of energy markets, U.S. oil and gas producers are demonstrating remarkable staying power amid oil prices hovering around $60 per barrel—a level that’s uncomfortably close to breakeven for many operations. Yet, […] U.S. Natural Gas Futures Up […]
Continue ReadingIn the ever-volatile world of energy markets, U.S. oil and gas producers are demonstrating remarkable staying power amid oil prices hovering around $60 per barrel—a level that\’s uncomfortably close to breakeven for many operations. Yet, as recent developments show, this resilience isn\’t uniform across the board. It\’s all about location: basins with lower costs, higher […]
Continue ReadingDaily Standup Top Stories Zeldin, Trump, Prepare Assault on EPA Endangerment Finding July 26, 2025 Clark Savage This article is from David Blackmon’s Substack, and we highly recommend subscribing. This is an expected move by the EPA that can have a wide-ranging impact. This will be another nail in the coffin for […] Department of Interior Secures […]
Continue ReadingHighlights: Generated cash from operating activities of $1,013 million, Non-GAAP Cash Flow of $913 million and Non-GAAP Free Cash Flow of $392 million after capital expenditures of $521 million Second quarter production was above the guidance range on every product with average total production volumes of 615 thousand barrels of oil equivalent per day (\”MBOE/d\”), including 211 thousand barrels per day […]
Continue ReadingHighlights: Generated net earnings of $338 million, cash from operating activities of $659 million, Non-GAAP Cash Flow of $1,035 million and Non-GAAP Free Cash Flow of $444 million after capital expenditures of $591 million First quarter production was at the high-end or above the guidance range on every product with average total production volumes of 574 thousand barrels of oil equivalent per […]
Continue ReadingStrong 2023 Operational Execution; Enhanced Capital Efficiency Expected in 2024 Highlights: Full Year 2023 Generated net earnings of $2.1 billion, cash from operating activities of $4.2 billion, Non-GAAP Cash Flow of $3.9 billion and Non-GAAP Free Cash Flow of $1.2 billion after capital expenditures of $2.7 billion Exceeded high end of full year production guidance on every product with average total volumes […]
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