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Tag: shale
Second US Shale Booms Legacy: Overpriced Deals, Unwanted Assets
2020-09-01 11:10:00| OGI
The promise of future returns lured investors, including a wave of acquisitions. Now, many of those shale deals are financially unworkable due to low oil prices.
Tags: deals
assets
legacy
unwanted
Panhandle Oil and Gas Enters Haynesville Shale with Red Stone Acquisition
2020-08-31 11:30:00| OGI
The acquisition by Panhandle Oil and Gas of two packages from Edmond, Okla.-based Red Stone Resources fits well with the companys strategy to grow, President and CEO Chad Stephens says.
Shale Producer Range Resources Sets 2025 Net-zero Emissions Target
2020-08-27 15:35:00| OGI
U.S. shale producer Range Resources said it already ranks as a leader in emissions reductions among its peers, citing third-party data.
Tags: range
resources
target
sets
Analysts See Frac Crew, Activity Growth Ahead for US Shale Sector
2020-08-26 23:50:00| OGI
Most of the growth over the next year or so is expected to come from the Permian Basin and Eagle Ford Shale along with notable growth this year from some gas plays, analysts say.
Tags: activity
growth
sector
ahead
Equinor Halts US Shale Drilling for 2020 Amid Significant Job Cuts
2020-08-26 22:20:00| OGI
Equinor plans to not drill any new unconventional wells this year in the U.S., where it has acreage in the Bakken and Marcellus shale formations, a spokesman for the Norway-based oil and gas company said.
Tags: job
significant
cuts
drilling
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