Comprehensive Energy Data Intelligence

Information About Energy Companies, Their Assets, Market Deals, Industry Documents and More...

5-Billion-Returns-for-ConocoPhillips-Shareholders-as-Prices-Grow

Shareholder’s payout target was increased by 50% after the largest U.S. independent oil producer surpass Wall Street’s earnings estimates on growing energy prices, said Houston-based ConocoPhillips Co. on Aug. 4.

Due to Western sanctions on major producer Russia throttling energy supply amid a rebound in demand from pandemic lows, oil and gas prices have soared. Crude has been trading more than 25% higher since the start of the year and results also benefited from high natural gas prices.

Meanwhile, shares were down a fraction, to $91.03, in early trading but are up about 26% year to date.

Its production outlook for the year was reduced by approximately 1% on disruptions to output in Libya, and ConocoPhillips said while inflation was growing its costs, the year’s capital budget would rest at around $7.8 billion.

ConocoPhillips stated, that the average price obtained for a barrel of oil and gas accelerated 77% from a year earlier to $88.57. The company acknowledges that it has not hedged any of its oil and gas sales to make the most of higher market prices.

The capacity of 1.69 million boe/d was in line with Wall Street estimates, however, the company expected the current quarter’s output would be between 1.71 million and 1.76 million boe/d.

ConocoPhillips anticipates returning $15 billion to shareholders this year by means of dividends and share buybacks, joining Chevron Corp. and others in rising payouts after years of pressure on producers to restrict spending and boost returns.

The company, which kept its spending forecast intact, insignificantly decreased its full-year capacity outlook on uncertainty in Libya. ConocoPhillips hoped that the production would be about 1.74 million boe/d for the year.

The company’s second-quarter adjusted earnings of $3.91 per share overcame Wall Street estimates of $3.80 per share, as Refintiv IBES data says.

ConocoPhillips safely transports oil and natural gas using pipelines, tankers, trucks and rail to connect energy supply to demand. The method the company chooses depends on the project, location, economics, accessibility and environmental considerations. All four methods are proven, efficient and economical ways of getting energy to market.

Working with a leading environmental, social and governance (ESG) consultancy firm the company is designing a Net-Zero Governance Framework, with the goal of identifying how to leverage and optimize our process, system, organizational and governance structure to align and drive the company along a net-zero pathway. 

In its Gulf Coast business unit, a project is underway to remove the need for pneumatic-powered scavenger injection pumps at each well pad through the installation of scavenger towers at each central facility location. The project could reduce emissions by around 11,250 metric tons per year.  

If you are looking for more information about energy companies, their assets, and energy deals, please, contact our sales office mapping@hartenergy.com, Tel. 619-349-4970 or SCHEDULE A DEMO to learn how Rextag can help you leverage energy data for your business.

 

A major U.S. shale oil producer is looking to start a land selloff in the lone star state

Pioneer Natural resources is looking to divest properties in the lone star state. According to Rextag, Pioneer’s Delaware assets on sale have a trailing 12 month production of just over 22 MBOE against a total Permian Basin production of almost 212 MBOE. (The sale, if it happens, will effectively lead to a 10% decrease of Pioneer’s asset base in terms of the previous year's production.)

$113 Million Transaction Baytex Energy Sells Off Crude Oil Holdings in Western Canada

$data['article']['post_image_alt']

Baytex Energy Corp., a prominent oil and gas company, has struck a deal to sell part of its Viking assets located in Forgan and Plato, southwest Saskatchewan. The transaction sealed at CAD 153.8 million (approximately US$113.23 million).

$data['article']['post_image_alt']

Tenaris has successfully finalized the purchase of Mattr's Pipe Coating Division, previously known as Shawcor, for a total of $182.6 million. This figure includes working capital and $16.9 million in cash. Announced back on August 14, 2023, the acquisition has now received the green light from regulatory bodies in both Mexico and Norway.

$data['article']['post_image_alt']

Baytex Energy Corp., a prominent oil and gas company, has struck a deal to sell part of its Viking assets located in Forgan and Plato, southwest Saskatchewan. The transaction sealed at CAD 153.8 million (approximately US$113.23 million).

$data['article']['post_image_alt']

This summer, J.P. Morgan Securities highlighted Endeavor Energy Resources as the Midland Basin's standout in mergers and acquisitions, suggesting its value might approach $30 billion. Endeavor Energy Resources, a privately-owned entity in Midland focusing solely on its operations, has seen a significant uptick in production. It now boasts a production rate of 331,000 barrels of oil equivalent per day (boe/d), marking a 25% increase from the previous year.

2022 oil production 2023 2024 3D Earth Science Analytics 3D Modeling Continental Resources 3D modeling 3D modeling CGG 3D modeling ESA 3D visualization 3D visualization CGG A&D A&D deals A&D sector A&Ds in the Gulf of Mexico AAII ANR Pipelines Abraxas Petroleum Acquisition Acquisitions Admiral Permian Resources Advance Energy Advance Energy Partners Holdings LLC Aera Energy Aethon Energy Africa Alaska Pipeline System Alberta Alberta pipeline Algeria Align Midstream LLC AltaGas Alternative Fuels Ameredev II Anadarko Basin Analysis Analytics And Rockcliff Energy Andrews Antero Midstream Antero Midstream Corp. Antero Resources Antitrust Appalachia to Market and Middlesex Extension project Appalachian Appalachian Basin Appalachian basin ArcLight Capital Partners ArcLight Capital Partners LLC Archaea Energy Inc. Arena Energy LLC Arrow Midstream Artesia Natural Gas Gathering and Processing System Asia Assets Acquisition Assets Revenue Assets Sale Assets Value Athabasca Oil Atlantic Coast Pipeline Aviation emissions BG Group BHP Billiton BOED BP BP Plc BPX Energy Baker Hughes Bakken Bakken Formation Bakken Shale Bakken shale Bankruptcy Barnett Shale Bay du Nord Baytex Baytex Energy Berkshire Hathaway Biodiesel Bison Midstream Black Bear Transmission Blackstone Energy Partners Blackstone Inc. Blockchain Bloomberg Brazil Brazos Valley Brent BridgeTex Broom Creek Formation Buyout Firms CBAM CCS CDM Resource CGG CNOOC CO2 CO2 reduction CVX Cactus II Pipeline Calgary Callon Callon Petroleum Canada Carbon Capture Carbon Footprints Carbon capture and storage Cardinal Midstream Partners Careers in O&G Caribbean map Carl Icahn Carnelian Energy Cenovus Centennial Resource Centennial Resource Development Centennial Resource Development Inc. Charlson Gathering System Cheniere Energy Cheniere Marketing Chesapeake Energy Chesapeake Energy Corp. Chesapeake Energy Corporation Chevron Chevron Corp. China China Gas Holding LTD. Chord Energy Cibolo Energy Partners Civitas Civitas Resources Clay basin Clean Energy Clearwater Climate Change Coal Colgate Energy Colgate Energy Partners Colgate Energy Partners II LLC Colgate Energy Partners III Colonial Enterprises Colonial Pipeline Colorado Columbia Columbia Gas pipeline Columbia Gulf pipeline Comisión Federal de Electricidad Comprehensive Analysis Comstock Resources Concho Valley Solar Congo ConocoPhillips ConocoPhillips Co. Consolidated Edison Continental Resources Continental Resources Inc. Corpus Christi Costa Azul Coterra Energy Inc. Cove Point Cove Point LNG Cox Operating LLC Credit Suisse Group Crescent Energy Crescent Point Crescent Point Energy Crescent Point Energy Corp. Crestwood Crestwood Equity Crestwood Equity Partners Crestwood Equity Partners LP Crestwood Midstream Crestwood Permian Basin Holdings LLC Crowheart Energy Crude Oil Crude Prices Crude oil D-J Basin DCP DCP Midstream DJ Basin DUCs on the Rise Dakota Access Pipeline Data Dawson Debt Restructuration Decarbonization Technology Decarbonized Fuel Delaware Delaware Basin Delaware basin DelawareBasin Denbury Denver Denver Julesburg Denver-Julesburg Basin Devon Energy Diamondback Diamondback Energy Diamondback Energy Inc. Dimsdale Gas Dividends Dominion Energy Dominion Energy Questar Pipeline Double E Pipeline DoublePoint Energy DowJones Downstream Market Driftwood Energy Operating LLC Driftwood Pipeline LLC Drilling Drilling Inventory Durham Creek Durham Creek Exploration E&P EIA EIEC EIG EP Energy EQT ESG ESG performance ESG score ESGcriteria ESGinvestment ESGstandarts Eagle Ford Eagle Ford M&As Eagle Ford Shale Earth Science Analytics Earthstone Earthstone Energy Earthstone Energy Inc. East Texas Eastern Energy Gas Ector Eddy County El Paso Natural Gas Pipeline Elba Liquefaction Emissions EnCap EnCap Flatrock EnCap Flatrock Midstream EnCap Investments EnLink Midstream EnVen Energy EnVen Energy Corp. Enable Midstream Enbridge Enbridge Energy Enbridge Inc Enbridge Pipeline Encap Flatrock Midstream Endeavor Endeavor Energy Endeavor Gathering Energy Energy Assets Energy Crisis Energy Gas Energy Information Administration Energy Infrastructure Energy Leaders Energy M&A deals 2022 Energy M&As Energy Prices Energy Production Energy Projects Energy Security Energy Transfer Energy Transfer Canada Energy Transfer LP Energy Transport Solutions Energy security Enerplus Ensign Natural Resources Enterprise Enterprise Product Operating LLC Enterprise Products Enterprise Products Partners Environmental Protection Agency Epic Crude Pipeline Equinor Equinor Energy Ireland Equitrans Equitrans Midstream Equitrans Midstream Corp. Equity Investments Ethanol Conversion Europe Evolution Petroleum Exaro Energy III Exok Exploration Export Expro Exxon Exxon Mobil Exxon Mobil Corp. ExxonMobil Fayetteville Shale FireBird Energy FireBird Energy LLC Florida Gas Transmission Flowing Gas Forecast Forgan Forge Energy Fort McMurray FortunaResources G&P GHG GIP GIS GIS NG data GIS U.S. GIS U.S. NG Data GIS U.S. NG data GIS U.S. data Gas Gas Extraction Gas Flaring Gas Holdings Gas Processing Plants Gas Production Gas Rates Gas processing Gathering Gathering and Processing Gathering and Transportation Network Gemini Carthage Genesis Energy Glencore Glenn Wright Global Emissions Global Infrastructure Partners Goldman Sachs Goodrich Grand Prix NGL Pipeline Gray Oak Pipeline Gray Oak pipeline Great River Hydro LLC Great Western Petroleum Greater Green River Green Canyon Green River Basin Greenhouse Gas Emissions Grupo Carso Guangzhou Gas Gulf Coast Gulf Coast Pipeline System Gulf Mexico map Gulf Oil Corporation Gulf Run Pipeline map Gulf map Gulf of Mexico Gulf of Mexico US map Gulf of Mexico depth map Gulf of Mexico map Gulf of Mexico oil rig map 2023 Gulf of Mexico on map Guyana Hammerhead Hammerhead Energy Hart Energy HartEnergy Harvest Midstream Haynesville Haynesville Basin Haynesville Shale Heavy crude Henry Energy Henry Resources Hess Hess Midstream Hibernia Energy Hilcorp Energy Horizontal Well Houston Humble Midstream Hydraulically Stimulated Resources Hydro-Québec Hydrocarbon Exploration Hydrocarbon Reservoirs Hydrogen IEA IKAV INEOS Energy IPO Import Inc. India Indonesia Inergy Inergy Midstream Infrastructure Inter Pipeline International Energy Agency Iran Ironwood Midstream J.P. Morgan JUSTCapital Japan Joint Venture Jonah Field Jordan Cove KAPS KKR KKR&Co. KMI Karnes Trough Kaybob Duvernay Key Access Pipeline System Key statistics Keyera Corp Keystone XL Pipeline Kimbell Kimbell Royalty Kimbell Royalty Partners Kinder Morgan Kinder Morgan Inc. Kingston Midstream Alberta Kirkuk oil Komipo America Kosmos Energy LEG project LM Energy LNG LNG Delivery LNG Demand LNG Terminals LNG delivery LNG exports LNG plant LNG provider LNG-by-rail LP LaBarge Labrador Lake Charles Project Laredo Petroleum Lario Permian Lario Permian LLC Lea County Leasehold Properties Leucrotta Exploration Libya Lime Rock Lime Rock Resources Line 3 Pipeline Line 3 project Liquefaction Plant Liquefied Natural Gas Liquefied natural gas Liquids and Natural Gas Pipelines Lone Star Express Pipeline LongHorn Lotus Midstream Louisiana Lucid Energy Group Lycos Energy M&A M&As MLP MLPs MMP MPLX MPLX LP MVP Magellan Magellan Midstream Magellan Midstream Partners Mainline Pipeline System Mancos Shale Maple Energy Marathon Marathon Oil Marathon Oil Corp. Marathon Oil Corporation Marathon Petroleum Marcellus Marcellus Shale Marcellus region Mariner East Project Mariner east expansion Market Acquisition Of Vine Energy Inc. Market Analysis Marten Hills Pipeline Martin Martin County Maryland Mascot Project Matador Matador Resources Matador Resources Co Matagorda Medallion Midstream Services Medallion Pipeline Merge Merger Merit SI Meritage Midstream Mesa Minerals Partners Mesquite Energy Methane Emissions Mewbourne Oil Co. Mexico Mexico Pacific MiQ Mica Midcoast Energy LLC Midcontinent Middle East Midland Midland Basin Midland-Petro D.C. Partners LLC MidlandBasin Midstream Midstream M&As Midstream NG gathering pipelines Midwest Mississippi Mobil Oil Momentum Midstream LLC Monopoly Mont Belvieu Montana Montney Montney Shale Moriah Henry Motiva Enterprises Mountain Valley Mountain Valley Pipeline MountainWest Pipeline Mountrail Gathering System Murphy Murphy Oil NEP NG Pipeline Maps NG U.S. midstream data NG data NG data U.S. NG gathering pipeline systems NG pipeline maps NG3 NGL NGL Energy Partners NGL export NGL logistics NGL pipelines NGL production NGLs NGO NGP NLG NOG NTX pipeline NZE Natural Gas Natural Gas Assets Natural Gas Certification Natural Gas Equivalent Natural Gas Gathering Natural Gas Infrastructure Natural Gas Liquids Infrastructure Natural Gas Prices Natural Gas Production Natural Gas Products Natural gas pipelines Natural gas production Navitas Midstream Net Acres Net-zero Production New Fortress New Jersey New Mexico Newco Newfoundland NextEra NextEra Energy NextEra Energy Partners Noble Energy Noble Midstream Partners LP Non-Operated Assets North America North Dakota North Texas Barnett North-East Northern Delaware Basin Northern Natural Gas Northern Oil and Gas Northern Oil and Gas Inc. Northwoods Norway Nuevo Midstream O&G O&G Production O&G output records O&G production O&G production forecasting OKE OMOG ONEOK ONEOK Bakken OPEC OPEC+ Oasis Midstream Oasis Midstream Partners Oasis Petroleum Oasis Petroleum Inc. Offshore Oil Oil & Gas Oil Equivalent Oil Prices Oil Sanctions Oil and Gas Oil and Gas Production Oil and Gas Properties Oil and Gas production Oil and Gas rigs Oil and gas production Oil companies Oil&Gas Oklahoma Omega Acquisition Inc. OneRock OneRock Energy Onshore Ontario Teachers’ Pension Plan Operated Wells Orphan Basin Oryx Outrigger DJ Outrigger DJ midstream Ovintiv Oxy PAM PDC Energy PDCE PHMSA PPG PRT Offshore Pacific Pad Activity Monitor Paradigm Paradigm Midstream Paradox Basin Paramount Resources Ltd. Parsley Energy Pearl Energy Investments Peavine Pecos Pecos Oil & Gas Pecos Oil & Gas LLC Pecos River processing plant Pembina Pembina Pipeline Corp. Penn Virginia PennEast Pipeline PennEnergy Resources LLC PennTex Midstream Pennsylvania Percussion Petroleum Permian Permian Basin Permian Basin 2022 Permian Deep Rock Oil Co. Permian Producers Permian Resource Corp. Permian Resources Permian Resources Corp. Permian acreage sale Permian basin PermianBasin PermianResources Petro-Hunt Petrochemical production Petroleum Petroleum Production Peyto Peyto Exploration Phillips 66 Piceance Pickering Energy PickeringEnergy Pine Wave Energy Partners Pinnacle Midstream Pioneer Pioneer Natural Resources Pipeline Pipeline Maps Pipeline Performance Group Pipeline and Hazardous Materials Safety Administration Pipelines Pipelines and Refineries Pipestone Condensate Pipestone Phase Placid Montney Plains Plains All American Plato Powder River Powder River Basin Powder River basin Power Generation Power Plant Fuel Power River basin Prairie Operating Processing plants Production Production Forecast Propane PureWest Quantum Energy Partners Quantum Technology Questar Pipeline RBC Capital RNG RSG Rangeland Energy Rangeland Midstream Canada Ranger Oil Rattler Midstream Reagan county Red Trail Energy RedBird Capital Partners Reduction of Greenhouse Emissions Reeves Reeves County Renewable Renewable Diesel Renewable Energy Group Repsol Repsol Canada Research Responsibly Sourced Gas Reuters Rextag Ridgemar Energy Riley Exploration Riley Exploration Permian Inc. RimRock Ring Energy Inc. RiverBasin Riverstone Rockcliff Energy Rockies Express Pipeline Rocky Mountain Rocky Mountains Rocky mountain Rover pipeline Russia SAF SHLX SM Energy SPA STX Midstream Sabine Pass LNG LP Safety Administration Saguaro Energía San Andres formation San Mateo Sanchez Energy SandRidge Saskatchewan Saudi Arabia Schneider Digital Sedimentary Basin SemGroup Sempra Energy Senate Sendero Midstream Sequestration Shale Shale Field Shale Formation Shale Gas Shale Industry Shale Oil Producer Shareholder Returns Shares Shawcor Shell Shell Midstream Partners Shell New Energies Shell Oil Company Shell Plc. Shell UAS Sierra Grande Silver Hill Energy Partners III Sinochem Group Skye MS Sour crude South Carlsbad Natural Gas Gathering System South Haynesville Basin South Texas Southcross Energy Southeast Gateway Southern Access expansion Southern Lights Pipeline Southern Union Southwest Gas Southwest Gas Holdings Southwestern Energy Spain Spraberry Formation Sprng Energy Stagecoach Gas Standard Oil of New Jersey Standing Rock Indian Reservation Steel Reef Infrastructure Corp. Sterling DJ Sterling DJ system Stock Market Stonepeak Partners LP Stonepeak Partners. Storage Strategic Petroleum Reserve Strategic Resources Stronghold Energy Sumitomo Summit Midstream Summit Midstream Holdings Summit Midstream Partners Summit Midstream Partners LP Summit’s Lane System Sunoco Sunrise Oil Sands TAPS TC Energy TC Energy Corp. TC PipeLines LP TG Natural Resources THQ Appalachia TRP Tailwater Capital Takeaway Tallgrass Energy Talos Energy Talos Energy Inc. TalosEnergy Tap Rock Resources Targa Resources Targa Resources Corp. Tenaris Tesoro High Plains Pipeline Tesoro Logistics Texas Texas Gas Transmission Texon Oil and Land Company The Appalachian Basin The Denver-Julesburg Basin The Permian Basin The United States Tidewater Midstream Titus Oil & Gas Production LLC Tivoli Tivoli Midstream Tivoli Services Tokyo Gas Tokyo Gas Co. Ltd. TokyoGas TotalEnergies Trace Midstream TransCanada Transport Permit Transportation Infrastructure Trends Tres Palacios Truist Securities Tug Hill Tug Hill Operating U.S. U.S. Gulf Coast U.S. LNG exports U.S. NG data U.S. NG midstream data U.S. NG upstream U.S. NG upstream data U.S. crude exports U.S. crude oil data U.S. energy U.S. energy M&A U.S. energy data U.S. energy industry U.S. energy maps U.S. hydrogen production U.S. midstream data U.S. refineries U.S. shale gas assets U.S. upstream data UAE US US NG US gas US oil USA USA Compression Partners USgas USoil Uinta Uinta Basin Ukraine United States Upstream Upstream M&As Upstream companies Upton county Utah Utilization Van Hook Gathering System Vencer Energy Venezuela Vermilion Energy Vermont Business Magazine HQI US Holding LLC Viking Viper Energy Viper Energy Partners Vista Pacifico Vital Energy Vital Energy Inc. Vitol WCS WTI Waha Hub Wamsutter Field War Warburg Pincus Ward Warren Buffett Water Management Water management Webinar Webster Pipeline Well maps Wells West Texas Western Canada Select Western Canadian Sedimentary Basin Western Midstream Western Midstream Partners White House WhiteHawk WhiteHawk Energy Whiting Whiting Petroleum Wholesale WildFire Energy I LLC William Companies Williams Williams Companies Williston Williston Basin Willston basin Wolfcamp Formation Woodford Express Woodland Midstream II Wyatt Resources Wyoming XTO Energy XcL Midstream Zacks Consensus Zephyr Energy Zhejiang Energy Acquisition Acquisitions Acreage Acreage maps Acreage sale Acreage sales Acreage valuation Acres Analytics And Phillips 66 Partners And Rockcliff Energy Asset renewal Asset sale Assets Assets merger Atural gas gathering Aviation Aviation fuel Barrel Barrels Bbl Bioenergy Bioethanol Boe Carbon capture and storage Carbon capture storage (CCS) Carbon emissions Carbon footprint Carbon-free Cash Coating Crude Crude export terminals Crude exports to Europe Crude oil Crude oil and natural gas output Crude oil delivery Crude oil production Deal Divestitures Divestment Drilling activity Drilling permits Dry gas Ecology Efficiency Electrification Emission reduction Emissions Emissions reduction Energy Energy M&A Energy acquisitions Energy deals Energy infrastructure Energy maps Energy market Energy provider Energy services Energy supplies Energy transfer Environment Expansion Exploration Exploration & production Financial results Flaring gas Forecast Fuel Fuel transportation Gas Gas prices Gas projects Gas rig Gathering systems Geologic CO2 storage Global energy system Green energy Greenhouse gas Greenhouse-gas emissions Growth Horizontal drilling Hydraulic fracturing (fracking) technology Hydrogen pipeline maps Industry Interactive maps of oil rigs in the Gulf of Mexico Investment Liquefied natural gas Liquified natural gas Low emissions Low-carbon fuel Management Map of Caribbean Map of pipelines Master limited partnership Merger Merger and acquisition Mergers Midstream Midstream footprint Midstream infrastructure Mineral Natural gas Natural gas gathering and processing Natural gas maps Natural gas pipelines Natural gas producer Natural gas production Offshore Offshore oil and gas Oil Oil & gas Oil and energy Oil and natural gas assets Oil demand Oil market Oil output Oil prices Oil producers Oil rigs Oil supply Onshore Partnership Petroleum Petroleum infrastructure Pipeline Pipeline maps Pipelines Processing plants Produced water Rating Rebranding Refinery Renewable energy Renewable energy sources Renewable natural gas Report Shale Simulation Smart contract Smart contracts Software Standards Stock Subsurface CO2 sequestration Subsurface characterization Surface Sustainability The Gulf map The James Lake System The Permian Basin Transaction Transactions Undrilled locations Upstream Upstream production Water management Well Well maps Well redevelopment Wells Wet gas Wind energy