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Tag: shale
Exxon Mobil, Chevron Slam Brakes on Shale as Oil Demand Tumbles
2020-05-01 18:07:12| OGI
Both companies on May 1 outlined deep cuts in output and investments in the Permian shale basin.
Permian Shale Producer Concho Resources Takes $12.6 Billion Charge
2020-05-01 00:25:00| OGI
Concho Resources reported a bigger first-quarter loss, hurt by a $12.6 billion impairment charge and the oil producer said it would further cut its annual spending following the rout in oil prices.
Tags: resources
takes
charge
billion
Will US Shale Oil Rise Again?
2020-04-27 15:00:00| OGI
President Donald Trumps efforts to end a price war backfired leaving the U.S. oil industry on its knees.
Continental Resources Halts Shale Output, Seeks to Cancel Sales
2020-04-24 11:20:00| OGI
Continental Resources stopped all drilling and shut in most of its wells in the state's Bakken shale field, three people familiar with production in the state said April 23.
Tags: resources
sales
output
cancel
Marketed: SCOOP/STACK Shale Package On EnergyNet's New Indigo Platform
2020-04-20 21:00:00| OGI
An undisclosed company retained EnergyNet for the sale of a package of assets in Oklahoma's SCOOP and STACK shale plays through a sealed-bid offering closing May 7.
Tags: package
platform
indigo
marketed
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