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Oil Price Crash, Coronavirus Add 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: add price oil challenges

 

Opinion: Why Shale Skeptics Are Wrong

2020-03-19 23:00:00| OGI

While long-time shale skeptics may be broadcasting a Return to Normalcy thesis, there is a simpler question for those not anchored to that thesis: Whose side are you on?

Tags: opinion wrong skeptics shale

 
 

US Shale Producers Cut Executive Pay As Oil Prices Crash

2020-03-19 10:10:00| OGI

U.S. shale producer Parsley Energy said March 18 it would slash executive pay 50%, the deepest such cut announced so far since the oil price collapse.

Tags: pay prices cut executive

 

Shale Producer Gulfport Energy Reportedly Hires Restructuring Adviser

2020-03-18 22:15:00| OGI

Gulfport Energy has lost four-fifths of its market value since the start of the year, and now has a market cap of $90 million.

Tags: energy producer restructuring adviser

 

Halliburton To Furlough 3,500 Workers As Shale Producers Cut Spending

2020-03-18 02:30:00| OGI

Halliburton's stock has fallen around 70% in the past four weeks, to $6.14. The oilfield services provider already took a series of aggressive cost-cutting measures last year.

Tags: cut workers spending producers

 

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