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Oil Crash Poses Extinction Risk for Some Shale Producers

2020-03-24 20:00:00| OGI

A large part of the oil and gas industry will go into a financial intensive care unit over the next few months as shale producers enter survival mode, an expert says.

Tags: risk oil crash producers

 

Marketed: Producing Minerals in Chesapeake-operated Eagle Ford Shale Wells

2020-03-24 18:00:00| OGI

Caddo Minerals retained EnergyNet for the sale of producing Eagle Ford Shale minerals in Dimmit County, Texas, operated by an affiliate of Chesapeake Energy through two sealed-bid offerings.

Tags: ford producing eagle wells

 
 

Texas Shale Producers Ask State To Limit Oil Production

2020-03-20 18:05:00| OGI

The Texas oil and gas regulator, the Texas Railroad Commission, imposed production limits on producers in the 1930s to try to prop up prices and later was a model for the creation of OPEC.

Tags: state production limit texas

 

Rig Counts Begin Falling As Shale Operators Cut Billions In Spending

2020-03-20 15:55:07| OGI

Survival mode has returned to the oil and gas sector, Wood Mackenzie says.

Tags: begin cut spending falling

 

Oil Price Crash, Coronavirus Adds To Challenges For Vaca Muerta Shale

2020-03-20 13:57:41| OGI

Some Argentinians want to decouple from Brent crude, a benchmark for the country, as development of its prized Vaca Muerta shale assets face continued woes.

Tags: price oil challenges adds

 

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