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Tag: oil
Pemexs Oil Reserves Replacement Rate Jumps in 2019
2020-05-12 15:13:10| OGI
Pemexs 2019 replacement rate, a measure of new discoveries compared to ongoing production, jumped to 120.1% due to new discoveries and revisions.
Tags: rate
oil
replacement
reserves
Oklahoma Oil Producer Chaparral Energy Raises Going Concern Doubts
2020-05-12 11:10:00| OGI
Reuters reported in March Oklahoma oil and gas producer Chaparral Energy was working with debt restructuring advisers as it looks to shore up its cash position.
Tags: energy
oil
concern
oklahoma
Oklahoma Oil Regulators Hear Arguments on Output Cuts
2020-05-11 19:18:41| OGI
Oklahoma last month adopted an emergency order that said some oil production could be considered economic waste.
Tags: hear
oil
output
oklahoma
Shutting In Shale Oil, Gas Wells? Review Lease Provisions or Risk Loss
2020-05-11 18:11:37| OGI
If the producer does not comply with terms needed to maintain an oil or gas lease, the lease could be terminated, an attorney says.
Saudi Arabia Deepens Oil Cuts as Weak Demand Weighs on Prices
2020-05-11 17:01:40| OGI
Kingdom says it will reduce output by another 1 MMbbl/d in June.
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