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Marathon Profit Plunges As Weak Prices Offset Higher Shale Output

2019-11-07 11:49:12| OGI

Marathon Oil Corp. reported a 44.5% fall in quarterly adjusted profit on Wednesday, as weak crude and gas prices limited gains from higher output in its U.S. shale basins.

Tags: prices higher output profit

 

Pioneer CEO Calls Out Shale Industry For Permian Basin Gas Flaring

2019-11-05 22:17:41| OGI

Companies are targeting oil in the fast-growing field, but pipeline construction has lagged, leaving natural gas as a byproduct to be burned or vented.

Tags: industry gas calls ceo

 
 

Shale Producer Pioneer Natural Resources Net Income Drops

2019-11-05 15:24:02| OGI

The company reported net income of $231 million in the third quarter, down from $411 million during the same period last year.

Tags: net resources natural income

 

Marketed: Haynesville Shale, Cotton Valley Royalty Package

2019-11-04 20:05:00| OGI

An affiliate of Arkoma Cos. retained EnergyNet for the sale a package of Haynesville Shale and Cotton Valley assets in Louisiana and East Texas through a sealed-bid offering closing Nov. 21.

Tags: package valley cotton royalty

 

Marketed: Hess Eagle Ford Shale ORRI Package

2019-10-28 16:10:00| OGI

Hess retained EnergyNet for the sale of overriding royalty interest in the Eagle Ford Shale in De Witt, Fayette, Gonzales and Lavaca counties, Texas, in an auction closing Nov. 12.

Tags: package ford eagle marketed

 

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