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Tag: shale
EIA: US Shale Oil Output To Rise To Record 9.08 Million Barrels Per Day In April
2020-03-16 20:47:04| OGI
Output from the Permian Basin of Texas and New Mexico, is expected to rise 38,000 bbl/d to a record 4.79 MMbbl/d, data from the U.S. Energy Information Administration (EIA) showed.
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april
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Few US Shale Producers Can Withstand Prolonged Oil Price War, Analysts Say
2020-03-16 18:15:44| OGI
Just 16 U.S. shale companies operate in oil fields where the average new well costs are below $35 per barrel, according to Rystad Energy.
Post-Meltdown: Expect Surge Of Shale Bankruptcies, Experts Say
2020-03-10 16:26:13| OGI
A wounded oil and gas industry enjoys better numbers the day after prices plummeted, but steep debt will likely bring about a wave of M&A, bankruptcies and litigation.
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expect
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surge
Marathon Joins Growing Number Of Shale Producers Slashing Spending
2020-03-10 16:15:29| OGI
Analysts with Tudor, Pickering, Holt & Co. applauded Marathon Oils swift reduction, but noted more cuts might be needed.
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growing
spending
producers
US Shale Producers Prepare To Adjust Amid Volatility, Coronavirus
2020-03-09 23:00:00| OGI
Continued fears about the coronavirus, demand uncertainty and OPEC moves are adding to a growing list of challenges for U.S. shale players.
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