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Tag: shale
US Shale Producers Pioneer, Devon Considering Variable Dividend
2020-08-06 11:00:00| OGI
Shale firms are searching for a way to reward shareholders after years of poor financial returns, and Pioneer CEO Scott Sheffield said it is trying to carve out a new model for a volatile industry that is out of favor with investors.
Tags: variable
pioneer
producers
dividend
Continental Resources to Resume Most Curtailed US Shale Production
2020-08-04 22:00:00| OGI
Continental Resources, which shut 70% of its oil output when prices and fuel demand collapsed, said U.S. production growth will stay moderate unless oil reaches $50-$60/bbl.
Tags: resources
production
resume
continental
Parched US Shale Patch Crushes Oilfield Services Sector
2020-08-04 15:25:00| OGI
Schlumberger, Halliburton and Baker Hughes shift focus overseas and away from U.S. shale as domestic revenues dry up.
Tags: services
sector
patch
shale
Column: US Shale Supply Chain Will Emerge Smaller from Price War, Pandemic
2020-08-03 11:05:00| OGI
The slump is putting intense stress on the entire supply chain, the ecosystem of large and small contractors, skilled and semi-skilled labor that underpins oil and gas production.
Tags: price
war
supply
smaller
Tokyo Gas Takes First Majority Stake in US Shale Producer
2020-07-30 23:30:00| OGI
Tokyo Gas will pay about $620 million as it increases its ownership in Castleton Resources, a U.S. shale gas operator focused on being a consolidator of E&P assets in the Ark-La-Tex region.
Tags: takes
gas
majority
tokyo
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