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Tag: crash
Analyst: Shale Service Providers to Bear Brunt of Oil Market Crash
2020-03-31 18:00:00| OGI
The U.S. shale market will carry the biggest burden of budget cuts in the oilfield service market, says a Rystad Energy analyst.
Tags: service
market
oil
providers
Aker BP Eyes Layoffs Amid Oil Price Crash, Coronavirus
2020-03-27 14:06:06| OGI
Aker BP, 30% owned by BP, said on March 23 it would cut its planned 2020 capital spending by 20% but kept its production guidance unchanged.
Oil Crash Poses Extinction Risk for Some Shale Producers
2020-03-24 20:00:00| OGI
A large part of the oil and gas industry will go into a financial intensive care unit over the next few months as shale producers enter survival mode, an expert says.
Tags: risk
oil
crash
producers
Oil Price Crash, Coronavirus Adds 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: price
oil
challenges
adds
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