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Permian Shale Producer Approach Resources Enters Bankruptcy

2019-11-19 16:00:00| OGI

After being battered by weak Permian gas prices, Approach Resources filed for Chapter 11 bankruptcy to explore strategic alternatives that include either a restructuring or the sale of its business.

Tags: resources approach producer bankruptcy

 

EIA: US Shale Oil Output To Hit Record 9.1 Million Barrels Per Day In December

2019-11-18 21:46:34| OGI

Output at the largest formation, the Permian Basin of Texas and New Mexico, is expected to rise 57,000 bbl/d to 4.73 MMbbl/d.

Tags: day december record hit

 
 

Updated: Top 12 I.P. Wells in Niobrara Shale

2019-11-18 07:00:00| OGI

November 2019: Powder River Basin-Niobrara Completion: 1.638 Mbbl Of Oil, 1.285 MMcf Of Gas Per Day

Tags: top updated wells shale

 

Noble Energy Sells Midstream Shale Assets In $1.6 Billion Dropdown

2019-11-15 17:30:00| OGI

Noble Energy agreed to sell essentially all of its remaining D-J and Permian midstream interests and assets as part of the dropdown to its midstream MLP.

Tags: energy assets billion noble

 

Analysts Forecast Drop In US Shale Activity, Rise In Efficiency

2019-11-15 14:50:00| OGI

U.S. shale operators are paring down drilling programs and spending as they focus more on returns and improved efficiency in a low-price environment.

Tags: activity drop rise efficiency

 

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