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CEO of Top US Shale Producer Sees Oil Price Recovery Continuing

2020-05-07 19:30:00| OGI

Even when U.S. benchmark prices return to $45/bbl, "very few" U.S. producers would be able to afford to expand production because of high debt levels, Pioneer Natural Resources CEO Scott Sheffield says.

Tags: top price oil recovery

 

ESG More Critical than Ever for US Shale Recovery, Experts Say

2020-05-05 23:00:00| OGI

Investment interest for oil and gas companies in the coming months will be significantly impacted by ESG factors.

Tags: say critical experts recovery

 
 

Shell to Divest Appalachia Shale Position in $541 Million Deal

2020-05-04 23:00:00| OGI

The divestiture is part of Shells strategy to focus on the development of light tight oil assets, Shell Upstream Director Wael Sawan says.

Tags: position million deal shell

 

Marketed: Caddo Minerals Williston Basin, Eagle Ford Shale, Permian Packages

2020-05-04 18:00:00| OGI

Caddo Minerals Inc. retained EnergyNet for the sale of producing mineral and royalty packages in the Williston Basin, Eagle Ford Shale and Permian Basin through multiple auctions closing May 19.

Tags: ford packages eagle basin

 

Like Watching a Train Wreck: The Coronavirus Effect on North Dakota Shale Oilfields

2020-05-04 15:28:54| OGI

If this is an act of God, maybe I need to find another career because I guess Gods had enough of the oilfield, said oilfield services worker Nils MacArthur.

Tags: north effect train watching

 

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