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US Shale Production to Rise on Projected Permian Basin Boost

2021-09-16 11:00:00| OGI

The projected increase in oil and gas production follows recent reports by the EIA of a sharp decline in the DUC count in all major U.S. shale regions.

Tags: production rise boost projected

 

Major US Shale Producer Pioneer Natural Resources Sets Net-zero Target

2021-09-15 23:45:00| OGI

Pioneer Natural Resources on Sept. 15 adopted a net-zero ambition by 2050 for both Scope 1 and Scope 2 emissions that the U.S. shale producer says builds on many key initiatives already underway.

Tags: resources major natural target

 
 

Influential Proxy Advisory Firm Backs Cabot, Cimarex Shale Merger

2021-09-14 21:15:00| OGI

Cabot Oil & Gas and Cimarex Energy shareholders are due to convene on Sept. 29 to vote on the potential merger, which was initially announced in May.

Tags: firm advisory proxy merger

 

As Oil-Well Backlog Shrinks, US Shale May Upset Investors and Drill More

2021-09-14 15:53:33| OGI

U.S. energy producers have cut so deeply into a once-large reserve of oil wells waiting to be turned on they soon may have to resume drilling to keep production from sagging.

Tags: more investors drill upset

 

CEO of Major US Shale Producer Says Oil Consolidation Largely Over

2021-09-09 21:00:00| OGI

Pioneer Natural Resources was central to a wave of U.S. shale dealmaking, but deal-mania is mostly over because of a lack of cash and worries about future demand, says CEO Scott Sheffield.

Tags: over major oil ceo

 

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