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Trouble Every Day, Part 2 - Permian Producers' Options When Severe Gas Takeaway Constraints Arise

Permian producers continue to walk a tightrope, almost perfectly balanced between still-rising production of natural gas and the availability of gas pipeline takeaway capacity to transport that gas to market. Don’t get us wrong. There are gas takeaway constraints out of the Permian, as evidenced by a Waha cash basis that averaged more than 50 cents/MMBtu last week. But a combination of factors — including increased flows to Mexico and

Comstock Resources, Inc. Announces Pricing of $850 Million Private Offering of Senior Unsecured Notes Due 2026

COMSTOCK RESOURCES, INC. ANNOUNCES PRICING OF $850 MILLION PRIVATE OFFERING OF SENIOR UNSECURED NOTES DUE 2026 FRISCO, TEXAS, July 20, 2018 – Comstock Resources, Inc. (“Comstock” or the “Company”) (NYSE: CRK) announced today that its wholly-owned subsidiary, Comstock Escrow Corporation (the “Escrow Issuer”), has priced its previously announced offering of $850 million in aggregate principal amount of 9.75% new senior unsecured notes due 2026 (the “Senior Notes”). The Senior Notes will

W&T Offshore Announces Promotion of William Williford to Vice President

HOUSTON, July 20, 2018 /PRNewswire/ — W&T Offshore, Inc. (NYSE: WTI) announced the promotion of William Williford to Vice President and General Manager of Gulf of Mexico. Tracy Krohn, W&T Offshore’s Chairman and CEO, stated, “William has proven himself to be of great value to W&T and we are looking forward to his continued contributions to our future success.”  William Williford has been with W&T Offshore since 2006 and has served in various