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Why US Shale Production Declines Are Higher Than You Might Think

2020-06-24 18:30:00| OGI

The natural decline rates of existing oil and gas wells across major shale plays in the U.S. will contribute to a tighter supply/demand balance.

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Marketed: Eagle Ford Shale Royalty Interest Package, DeWitt County, Texas

2020-06-24 18:00:00| OGI

The Oil & Gas Asset Clearinghouse LLC is partnering with a private seller to market a royalty interest package in the Eagle Ford Shale that includes eight wells operated by Devon Energy Corp. in DeWitt County, Texas.

Tags: interest county texas package

 
 

US Shale Industry Faces $300 Billion in Write-downs

2020-06-22 18:00:00| OGI

Impairments expected to be made by U.S. shale companies in the second quarter could trigger insolvencies as the sector accounts for oil price fall, Deloitte says in a new study.

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US Shale Companies to Boost Oil Output by 500,000 bbl/d by Month-end

2020-06-17 18:46:30| OGI

U.S. producers cut supply by roughly 2 MMbbl/d, but the recovery in benchmark oil prices to around $40 per barrel makes some shale output profitable again.

Tags: companies oil output boost

 

Appalachia Shale Producer Antero Closes $402 Million ORRI Sale

2020-06-15 22:00:00| OGI

The ORRI transaction with Sixth Street Partners addresses over half of Antero Resources $650 million to $900 million asset sale goal for 2020 while allowing the Appalachia shale producer to pay down debt, CEO Paul Rady says.

Tags: sale million producer closes

 

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