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Shale Drillers Squeezed as Banks Tighten Credit after Oil Crash

2020-07-02 11:10:00| OGI

So far in the spring season of redeterminations, the total borrowing base for three dozen publicly listed North American oil companies has been slashed by $7.5 billion, according to a Reuters analysis.

Tags: credit oil banks crash

 

From Oil and Gas Investor Editor-in-Chief: The Great Awakening

2020-07-02 00:00:00| OGI

Following a hurricane-like second quarter, the good news is the third quarter has arrived, and the oil and gas industry is at work cleaning up debris and trying to find a sense of normalcy. The questions are in what order, and will the calm winds last?

Tags: great gas oil investor

 
 

Global Oil Demand Likely Peaked in 2019, Energy Consultancy Firm Says

2020-07-01 23:00:00| OGI

Norway-based consultancy DNV GL said global energy use would be 8% lower in 2050 than previously expected due to the impact of the pandemic.

Tags: global says energy firm

 

On the Market Oil and Gas Quicklist (Week of July 1, 2020)

2020-07-01 19:00:00| OGI

Heres a quicklist of oil and gas assets on the market including an operated working interest package that includes producing Barnett Shale wells.

Tags: july week market gas

 

New Pyrolysis Method Offers an Accurate Alternative for Evaluating Unconventional Oil Resources

2020-07-01 14:00:00| OGI

A novel and efficient method overcomes limitations for evaluating bitumen-rich source rocks.

Tags: resources offers method alternative

 

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