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Biden Energy Agenda on Collision Course with Reality, Shale Banker Says

2021-07-15 19:00:00| OGI

Consumers dont want to be paying for the energy transition, says a top oil banker who thinks the Biden administration is only just beginning to come to grips with how difficult the politics of that transition will be in the U.S.

Tags: says energy agenda reality

 

Analysts Say Boosting US Shale Output Unlikely with OPEC+ Inaction

2021-07-09 20:23:42| OGI

U.S. crude oil output is forecast to rise to 11.51 MMbbl/d this month, then drop to 11.41 MMbbl/d in October before rising into 2022.

Tags: with output analysts boosting

 
 

Mesa II Makes First Acquisition of Haynesville Shale Portfolio

2021-07-09 11:35:00| OGI

The portfolio acquired by Mesa II on July 8 consists of about 15,000 net royalty acres and is located in the core of the Haynesville in North Louisiana, according to Darin Zanovich, the companys president and CEO.

Tags: makes portfolio acquisition mesa

 

Mesquite Energy Weighs Sale of Catarina Ranch Asset in Eagle Ford Shale

2021-07-07 22:50:00| OGI

Mesquite Energy, known as Sanchez Energy before its bankruptcy filing, is yet to begin marketing Catarina Ranch in the Eagle Ford Shale, and it could take another month or more to kick-start the process.

Tags: sale energy ford asset

 

Despite Oil High Price, US Shale Firms Hesitate to Pump, Hedge More

2021-07-07 15:25:54| OGI

Just 12 of 40 operators with 2021 oil hedges had an average hedge price above $50 per barrel, according to the Wood Mackenzie.

Tags: more price high oil

 

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