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Tag: oil
Equinor, Partners Make Oil Discovery in US GoM
2020-04-06 14:57:30| OGI
Drilled by the Pacific Khamsin rig to a depth of 33,348 feet, the well found about 200 ft of net oil pay with good reservoir characteristics in Paleogene sandstone.
Tags: make
partners
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discovery
IEA: Deep Oil Output Cuts Wont Offset Unprecedented Demand Loss
2020-04-06 11:10:00| OGI
Even with output cuts of 10 million bbl/d, the equivalent of 10% of global supply, oil inventories would still rise by 15 million bbl/d in the second quarter, IEAs Fatih Birol says.
Oil slides as Saudi Arabia-Russia talks delayed
2020-04-06 05:12:09| BBC News | Business | UK Edition
The two major crude producers had been scheduled to hold talks on Monday but meeting has been delayed.
Banks Contend with Deep Impact Post Oil Crash on E&P Borrowing
2020-04-03 23:30:00| OGI
Both the COVID-19 pandemic and the oil price crash have had a deep impact on what E&Ps and their lenders expect compared to what they thought last fall, according to a Haynes and Boone report.
Navigating Low Oil: Proactive Actions for E&Ps
2020-04-03 21:00:00| OGI
Although the industry learned a lot during the last downcycle, oil and gas companies in the latest slump wont have the same access to capital and will likely only be able to invest the cash they generate.
Tags: low
actions
oil
proactive
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