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Chevron Profit Down On Lower Oil Prices; Anadarko Deal In Focus

2019-04-26 16:25:45| OGI

CEO Mike Wirth signaled that Chevron considers itself on track to make a deal for Anadarko Petroleum despite the takeover duel started this week by Occidental Petroleum.

Tags: prices lower focus deal

 

Exxon Mobil's Profit Misses Estimates On Lower Oil, Gas Prices

2019-04-26 15:08:48| OGI

Irving, Texas-based Exxon Mobil said its still-growing output in the Permian Basin, the largest U.S. shale basin, rose 140% over a year ago.

Tags: prices lower gas oil

 
 

Marketed: North Texas Oil & Gas Throckmorton County Property

2019-04-26 14:40:55| OGI

North Texas Oil & Gas retained EnergyNet for the sale of producing assets in Throckmorton County, Texas, through a sealed-bid offering closing May 15.

Tags: north property county texas

 

DUG Permian: Theres Still Oil In Those Fields (2019)

2019-04-25 19:08:32| OGI

The Permians original oil in place is world-class. Vertical development brought billions of barrels to the surface. Horizontal development is adding yet more. These operators describe the vast resource still remaining in their leasehold and how theyre capturing more and more of it.

Tags: those fields oil dug

 

DUG Permian: The Oil Capital Of The World, The Sequel (2019)

2019-04-25 19:08:31| OGI

Texas, particularly the Permian Basin, was driving global oil economics into the early 1970s until the U.S. met maximum output, giving way to OPEC. More than 40 years later, the U.S. is producing more than ever. Heres the new world order: Move over, OPEC.

Tags: the world capital oil

 

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