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Apache Reports Surprise Adjusted Profit On Higher Shale Output

2020-02-27 15:34:31| OGI

Production from the Permian, the largest U.S. oil field and the center of the countrys shale industry, rose 13% to 288,043 barrels of oil equivalent per day (boe/d), while total production rose marginally to 487,202 boe/d.

Tags: reports higher output profit

 

Bankruptcy Risks Rise For US Shale

2020-02-26 11:30:00| OGI

Credit crunch looms for U.S. shale producers as staggering amount of debt nears maturity.

Tags: rise risks bankruptcy shale

 
 

Schlumberger CEO: US Shale Oil Production Growth To Slow In 2020

2020-02-26 00:00:00| OGI

Lower oil prices and investor demand for higher returns have forced U.S. shale producers to scale back investment after production surged over the past three years.

Tags: production growth oil slow

 

Saudi Aramco Launches Largest Shale Gas Development Outside US

2020-02-25 00:30:23| OGI

Saudi Arabia fought a price war aimed at putting the U.S. shale industry out of business just six years ago, which ultimately failed. Now, the country has adopted the techniques developed in U.S. fields.

Tags: us development largest gas

 

Bakken, Rockies Shale: Business Is Different, But Still Viable

2020-02-21 21:00:00| OGI

At DUG Bakken and Rockies, shale executives acknowledge the headwinds, but remained high on optimism about the opportunities in the Powder River Basin, the Bakken and, yes, even Colorado.

Tags: business still viable rockies

 

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