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PATH FORWARD: How US Shale Fits in the Post-COVID Demand Recovery

2021-04-14 11:00:00| OGI

U.S. oil production growth is important to meet resurging global demand, says IEF Secretary-General Joseph McMonigle.

Tags: forward path demand recovery

 

Chesapeake Launches Responsibly Sourced Shale Gas Pilot with Project Canary

2021-04-13 22:30:00| OGI

The initial agreement for the responsibly sourced natural gas partnership between Chesapeake and Project Canary includes select wellpads in northeast Pennsylvania and northwest Louisiana.

Tags: project gas pilot launches

 
 

Permian Shale Producer Diamondback Energy Raises Production Outlook

2021-04-13 11:20:00| OGI

Diamondback Energy, which closed its acquisition of Denver-based producer QEP Resources last month, also raised its 2021 capex forecast to between $1.6 billion and $1.75 billion versus its previous forecast of $1.35 billion to $1.55 billion.

Tags: production energy outlook producer

 

US Shale Oil Output to Rise 13,000 Barrels per Day in May

2021-04-12 21:05:00| OGI

The biggest increase is set to come from the Permian Basin, where oil output is expected to reach its highest since April 2020, the EIA said in a monthly forecast.

Tags: may day oil output

 

CEO of US Shale Giant Pushes to Incentivize Carbon Capture

2021-04-09 10:00:00| OGI

Instead of a carbon tax, Vicki Hollub, CEO of U.S. shale producer Occidental Petroleum, says she prefers the use of tax credits incentivizing the development of carbon capture projects.

Tags: capture ceo carbon giant

 

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