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Tag: shale
As Shale Struggles, Crude Tankers Ply Oceans of Cash
2020-04-06 18:00:00| OGI
Even with very high day rates, the oil market contango means that floating storage makes economic sense.
Tags: cash
crude
struggles
oceans
Shale Service Providers Liberty, NCS Multistage Lay Off Workers
2020-04-03 22:30:00| OGI
Liberty Oilfield Services is cutting its workforce by 7%, while NCS Multistage plans to plans to reduce its workforce by 20%, the oilfield service companies said April 2.
Tags: service
workers
providers
lay
US Shale Producers Launch Anti-Saudi Lobbying Push
2020-04-03 18:00:00| OGI
The group wants former Energy Secretary Rick Perry to argue for sanctions against the Saudis and Russia.
Tags: launch
push
producers
lobbying
Shale Gas Producers Get Share Price Boost as Oil Price Falls
2020-04-02 15:00:00| OGI
The prospect of lower production from the U.S. shale patch has pushed gas prices higher.
Shale Producer Whiting Petroleum Files for Chapter 11 Bankruptcy
2020-04-01 15:30:00| OGI
Whiting Petroleum had explored a wide variety of alternatives to address its balance sheet and looming note maturities in a highly capital-constrained market environment, CEO Bradley J. Holly says.
Tags: files
chapter
producer
bankruptcy
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