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Exxon Mobil, Chevron Take Cautious Approach to US Shale Recovery

2021-03-30 11:15:00| OGI

The share of drilling activity by Exxon Mobil and Chevron in the Permian Basin oil field in Texas and New Mexico dropped to less than 5% this month from 28% last spring, according to data.

Tags: approach mobil recovery cautious

 

Marketed: Titanium Exploration Nonop Eagle Ford Shale Properties

2021-03-26 15:10:00| OGI

Titanium Exploration Partners retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of certain nonoperated working interest properties in the Eagle Ford Shale.

Tags: properties ford eagle exploration

 
 

Shale Industrys Dilemma Persists Despite Free Cash Flow Milestone

2021-03-25 18:00:00| OGI

A cross-section of 30 shale-focused oil and gas producers marked the first full year of positive free cash flows since the fracking boom beganbut only after deep cuts to capex that raise troubling questions about the shale industrys future, analysts say.

Tags: free cash flow dilemma

 

YPF Steps Up Spending to Grow Vaca Muerta Shale Output

2021-03-22 20:44:21| OGI

YPF is targeting a 56% increase in crude oil production and a 70% increase in unconventional gas production, the company said in a news release.

Tags: steps output grow spending

 

E&P Plus Feature: Shale Frac Designs Move to Just-Good-Enough Proppant Economics

2021-03-19 13:30:00| OGI

There is no clear evidence that higher conductivity proppants (either white sand versus regional sand or ceramic proppants versus white sand) result in better well performance and economics.

Tags: move feature designs economics

 

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