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Shale Producer Concho Resources Second-quarter Loss Widens

2020-07-29 23:00:00| OGI

Midland, Texas-based Concho Resources' net loss widened to $435 million, or $2.23 per share, in the second quarter ended June 30, from $97 million, or 48 cents per share, a year earlier.

Tags: resources loss producer shale

 

DAPL Doubts Put Bakken Shale Reboot on Hold

2020-07-29 15:37:16| OGI

More expensive rail transport would move crude if the pipeline is shut down for a year.

Tags: put hold doubts reboot

 
 

Texas Shale Producer SM Energy CEO Jay Ottoson to Retire

2020-07-23 15:35:00| OGI

Denver-based SM Energy tapped COO Herbert S. Vogel to serve as Javan (Jay) D. Ottosons successor.

Tags: energy texas ceo jay

 

Bounceback in US Shale Oil Output Unlikely to Last the Summer

2020-07-23 15:28:01| OGI

Average U.S. daily oil output will fall below 2019s record 12.2 MMbbl/d for the next two to three years, analysts said.

Tags: the summer oil output

 

ConocoPhillips Extends Montney Shale Position with $375 Million Acquisition

2020-07-22 23:25:00| OGI

ConocoPhillips agreed to pay Kelt Exploration roughly $375 million in cash for 140,000 net acres directly adjacent to the companys existing position in Canadas Montney Shale.

Tags: position million acquisition extends

 

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