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PATH FORWARD: Evercores James West on Chevron-Noble Energy Deal, Shale Outlook

2020-07-21 11:30:00| OGI

M&A has started to pick up. You saw a deal announced with Chevron buying Noble. We would expect to see more of those, James West, senior managing director of Evercore ISI, says.

Tags: west forward james energy

 

Halliburton Posts Third Straight Quarterly Loss on Shale Slump

2020-07-20 14:44:15| OGI

Houston, Texas-based Halliburton reported a net loss of $1.7 billion, or $1.91 per share, in the second quarter ended June 30, compared with a profit of $75 million, or 9 cents per share, a year earlier.

Tags: posts loss straight quarterly

 
 

Is Energy Transition Ready to Kick Shale to the Curb?

2020-07-15 18:05:00| OGI

Probably not, but backers believe cleaner fuels are primed, post-COVID-19, to make strides.

Tags: to ready energy transition

 

Shale Producer Diamondback Energy Cuts 2020 Production Forecast

2020-07-15 11:10:00| OGI

Diamondback Energy, which operates in the Permian Basin, said it had suspended almost all completion activity and cut about 5% of production in the second quarter.

Tags: production energy producer cuts

 

US Shale Oil Production Forecast to Hit Two-year Low in August

2020-07-13 21:25:00| OGI

The biggest decline is forecast for the Eagle Ford Shale, where oil production is expected to slide by about 23,000 bbl/d to 1.1 million bbl/d, the lowest level since August 2017.

Tags: august low hit production

 

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