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Mark Papa: US Oil Growth To Slow, Likely Spurring Shale Buyouts
2020-01-14 22:30:00| OGI
U.S. oil output growth is expected to slow over the next five years, likely prompting oil majors to "gobble up" smaller shale oil producers, Mark Papa told Reuters.
IPTC: All Eyes On US Shale, Says Bahrains Oil Minister
2020-01-14 21:00:00| OGI
Speaking during the opening day of IPTC, Bahrain Oil Minister Sheikh Mohammed bin Khalifa Al Khalifa also said he sees producers challenged by rising energy demand in the future.
ConocoPhillips Hits Oil, Gas In North Sea
2020-01-14 16:51:01| OGI
Drilled by the Leiv Eirkisson drilling rig about 10 km (6 miles) northwest of the Balder Field, wildcat well 25/7-8 S hit several oil- and gas-bearing intervals, the Norwegian Petroleum Directorate says.
Norway Awards 69 Oil, Gas Exploration Blocks
2020-01-14 15:36:16| OGI
Of this years 69 licenses, 33 were in the North Sea off southern Norway, 23 were in the Norwegian Sea off central and northern Norway and 13 were in the far-north Barents Sea.
The Real Price Of Occidental Petroleums Costless Oil Hedge
2020-01-14 00:00:00| OGI
Occidental Petroleum characterized its hedging transaction as "costless" but a Reuters review of regulatory filings, market data and interviews shows that's not the whole story.
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