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US Shale Producers Fear Drilling Binge by Bad Actors

2021-01-25 19:00:00| OGI

Rare period of profitability for battered U.S. shale producers threatened by overproduction, oil executives across the sector say.

Tags: bad fear actors producers

 

Kinder Morgan Flags Concerns over US Shale Spending Following Earnings Beat

2021-01-21 11:15:00| OGI

Pipeline operator Kinder Morgan raised concerns over the pace of ramp-up in spending in top U.S. shale basins following a rebound in oil prices after beating Wall Street estimates for quarterly results.

Tags: kinder concerns beat morgan

 
 

OPEC Sees US Shale Output Recovering Further on Oil Rally

2021-01-15 15:56:19| OGI

The outlook for U.S. shale oil is slightly more optimistic due to rising prices and output will recover further in the second half of 2021, OPEC said on Jan.14, in a sign its policy of cutting output is helping rivals pump more.

Tags: oil output sees rally

 

US Shale Producers Lock in Future Sales as Oil Prices Hit One-year High

2021-01-15 11:10:00| OGI

U.S. shale producers that are hedging are likely locking in about 15% to 20% of production at a time, said Tom Petrie, chairman at energy investment bank Petrie Partners.

Tags: high sales future prices

 

Oil and Gas Investor Spotlight: Barnett Shale, PDP King

2021-01-14 10:00:00| OGI

Forty years ago, George Mitchell proved the Barnett Shale can produce gas, kicking off the shale revolution. Whats happening in the play now, under new owners?

Tags: king gas oil investor

 

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