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Japans Sumitomo Quits US Shale Oil with Eagle Ford Sale

2021-02-04 20:25:00| OGI

Japanese trading house Sumitomo bought a 100% stake in 2018 in a field in the Eagle Ford formation of South Texas that was set to have peak output of 3,000 boe/d.

Tags: sale oil ford eagle

 

Haynesville Shale Private Rejuvenation Model Takes Spotlight

2021-02-04 18:56:22| OGI

Upstream oil and gas expert highlights the Haynesville Shale in a discussion covering markets, basin lifecycle and the new economic model.

Tags: private model takes spotlight

 
 

Shale Investor Acquires Active Stake in NexTier Oilfield Solutions

2021-02-02 21:30:00| OGI

Dan Wilks and his brother Farris Wilks made their fortune during the shale boom through a company they founded called Frac Tech Services, which provided trucks to frackers.

Tags: active solutions investor stake

 

US Shale Oil: Can a Leaner Industry Ever Lure Back Investors?

2021-02-02 10:00:00| OGI

U.S. shale producers are consolidating after a tough year but recent higher oil prices are already testing their discipline.

Tags: back industry oil investors

 

US Shale Ponders the Unexpected: What to Do With Coming Cash Windfall?

2021-01-29 16:00:00| OGI

Oil and gas investors will be listening for clues as to how much of the income from shale producers will be assigned to shareholder payouts, and how much put back into drilling new wells and expanded infrastructure.

Tags: with coming cash unexpected

 

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